Australia


Netflix and ABC conspire to create thriller

Netflix and Australian public broadcaster the ABC are working together again, this time on a short-run political conspiracy drama. The pair has commissioned Banijay Group-owned Screentime to produce the six-part Pine Gap, with Greg Haddrick attached as showrunner. Netflix will take exclusive worldwide SVOD rights, with the ABC taking Australia. The South Australian Film Corporation […]

CBS acquires Australia’s Network Ten

US broadcaster CBS is to acquire Australia’s Network Ten after agreeing to convert large debts Ten owed into an equity stake. The deal was announced yesterday to a positive response among many Australian producers, with Screen Producers Australia CEO, Matthew Deaner, commenting that CBS’s move “demonstrates that despite significant pressures, our market remains robust and competitive”. “It […]

Foxtel merging Fox Sports in Australia

Australia’s leading pay TV platform, Foxtel, is merging with its News Corp cousin Fox Sports Australia to create a new regional powerhouse. The move will see Rupert Murdoch’s News Corp becoming 65% majority shareholder of the new business, with Australia telecommunications business retaining the other 35%.
Currently News Corp and Telstra each own 50% of Foxtel, […]

CBS ‘claiming A$843m debts from Network Ten’

CBS Studios International (CBSSI) is reportedly claiming A$843 million (€562 million) in debts from troubled Australian channel Network Ten. Various reports claim the international sales arm of US broadcaster CBS is the largest creditor of Ten, which is currently in administration. CBSSI has made the claim to Ten’s administrators, which are currently looking at either […]

Ten secures A$30m loan to keep afloat

Australia’s Network Ten has secured its immediate future after key shareholders agreed to fund an A$30 million (€20 million) loan. The funding package is available until August 31 and comes ahead of either a company sale or a recapitalisation process. Lachlan Murdoch, Bruce Gordon and James Packer agreed to support the package, which buys Ten […]

Ten enters voluntary administration

Australian commercial broadcaster Network Ten has appointed voluntary administrators after its financial backing collapsed. Administrator KordaMentha has been brought in to undertake a financial assessment of the situation, with a sale or recapitalisation process options on the table. “This decision follows correspondence received from Illyria and Birketu over the weekend, which left the Directors with […]

Ten future in doubt as backers pull out

Australian commercial broadcaster Network Ten is facing receivership after major backers Lachlan Murdoch and Bruce Gordon pulled their backing. Ten has ceased trading shares after a letter to the Australian Securities Exchange (ASX) revealed Murdoch’s Illyria and Gordon’s Birketu would stop financing the network on December. Ten has a number of expensive output contracts in […]

Netflix takes on Stan with first Aussie original

Netflix has commissioned its first original series out of Australia, placing it head-to-head with SVOD rival Stan. Production will start next year in Queensland on Tidelands, marking Netflix’s move into original programming in Australia. Nine Network-backed Stan is already commissioning high-end original series, most notably through its series reboot of Australian horror movie Wolf Creek. […]

TiVo to exit Australian market

TiVo is due to exit the Australian market after its licence there expires on October 31. In a statement on the TiVo Australia website, TiVo said “it’s been a delight serving Australia over the past nine years, but all good things must come to an end.” TiVo said it will cease to operate the TiVo […]

Vice targets Asia with major mobile expansion

Vice Media is making a major mobile push, expanding its offerings in a bid to reach “hundreds of millions of new mobile subscribers” around the world. Speaking at Mobile World Congress in Barcelona this morning, Vice founder and CEO, Shane Smith, said the deals include a vast rollout in Asia Pacific in partnership with mobile […]