How is media ownership broken up in Australia?
Ownership of national and the newspapers of each capital city are dominated by two corporations, Rupert Murdoch’s News Corp, (which was founded in Adelaide but is now based from the United States) and Nine Entertainment – Murdoch-owned titles account for nearly two-thirds (64.2 per cent) of metropolitan circulation and …
Is the media regulated in Australia?
Media regulation in Australia Most regulation of television and radio broadcasters in Australia occurs as licence conditions under the BSA Act. A series of standard conditions are set out in the Act for each licence type.
How much of Australian media is controlled by Murdoch?
These investments fall under the banner of News Corp Australia, whose ultimate owner is the US-based News Corporation, of which Mr Murdoch is executive chairman. The Murdoch Family Trust controls around 40 per cent of the parent company’s voting shares (and a smaller proportion of the total shares on issue).
Who regulates the media in Australia?
The Australian Communications and Media Authority (ACMA) is the independent statutory authority tasked with ensuring most elements of Australia’s media and communications legislation, related regulations, and numerous derived standards and codes of practice operate effectively and efficiently, and in the public …
When did media ownership laws change in Australia?
On 21 March 2002 the Government introduced the Broadcasting Services Amendment (Media Ownership) Bill 2002.
Who owns Macquarie media?
Nine Entertainment Co.
Nine Radio/Parent organizations
Which media is owned by Murdoch?
Murdoch’s media empire includes Fox News, Fox Sports, the Fox Network, The Wall Street Journal, and HarperCollins.
Do any foreign ownership restrictions apply to media services?
VAS providers need to be Philippine nationals or corporations the foreign ownership of which does not exceed 40 per cent of the corporation’s capital stock. VAS providers do not need to obtain a congressional franchise or a CPCN, but must register with the NTC.
What are the limits on cross-media ownership of radio licences?
This Act extended limits on cross-media ownership to radio licences. The owner of a radio licence could not own more than 15 per cent of a television licence serving substantially the same market and 15 per cent of a newspaper published 4 days per week and with more than 50 per cent of its circulation in the same area serviced by the radio licence.
What are the specific controls over media ownership in Australia?
The specific controls over media ownership contained in the Broadcasting Services Act 1992 are as follows. A person must not control television broadcasting licences whose combined licence area exceeds 75 per cent of the population of Australia, or more than one licence within a licence area ( section 53 ).
Why are cross-media ownership rules anachronistic?
The Government has long indicated that it believed the rules to be anachronistic, and in 2002 unsuccessfully attempted to amend the cross-media ownership restrictions. The major effect of the laws is to prevent the common ownership of newspapers, television and radio broadcasting licences that serve the same region.
What changes have been made to cross-media regulation?
Further changes to cross-media regulation were contained in the Broadcasting (Ownership and Control) Act 1988. This Act extended limits on cross-media ownership to radio licences.