Why Netflix is in decline, AFL boss flies to US, Pluto TV and more
The real reason Netflix is hemorrhaging viewers
A new analysis has revealed that Netflix is unplugging its own hit shows much sooner than before… and it all comes down to keeping costs down. But the tactic backfires, reports the Times Rosamund Urwin and Narottam Medhora.
It’s the bane of life for Netflix subscribers: the streaming service has canceled their favorite show and they never know which series will be removed next.
Now, the analysis has revealed that Netflix is unplugging its own shows much earlier than before, and the strategy is seen as one of the factors driving subscribers away from the platform. Last week, its share price fell more than 35% after announcing that it had lost 200,000 subscribers in three months, the first drop in a decade.
However, it’s becoming increasingly rare for even Netflix’s hit shows to last longer than three seasons, with less than one in five launching in 2017 reaching that milestone, up from 31% in 2015.
Fans were surprised by the cancellation of high-profile shows, including the fantasy epic Marco Polo and sci-fi drama the OA – both cut after two series – and the thriller Linewhich ended after its third season.
The media have been warned of the dissemination of misleading information about the federal elections
Australia’s Electoral Commission has already forced the Seven Network and other media organizations to edit content it says contains factual inaccuracies about the voting system, News Corp reports. Sophie Elsworth.
Ahead of the May 21 election, the AEC has issued warnings to publishers, social media companies and political parties against distributing misleading election material.
AEC’s Director of Media and Digital Entertainment, Evan Ekin-SmythTold The Australian they had already received hundreds of complaints during the election campaign about election communications material disseminated via mainstream media, social media companies, political parties, the candidates themselves and other stakeholders.
The AEC asked Seven to edit a video – which explained the electoral system – to provide the correct information to viewers. This is just one of many examples where the AEC has taken action.
Networks fight two federal election debates
Anthony AlbanianCovid-19 diagnosis has complicated leaders’ debate schedule picture for federal election, News Corp’s reports Nick Tabakoff.
Australian only includes three bidders – Nine’s 60 minutesthe ABC and Seven – are now fighting for a maximum of two debates for the remainder of the campaign.
This means that at least one of the competing media networks will have to be absent.
Albanese won’t come out of isolation until Thursday, almost certainly eliminating any option to hold a debate in the coming week. This effectively leaves three weeks of campaigning remaining for debates to take place after the Labor leader reappears.
It is well understood that Scott Morrisonruled out holding a debate in the final week of the campaign, leaving only a two-week window open for the remaining debates.
Labor MP Mark Dreyfus accused of spreading a ‘lie’ about coalition plans to privatize the ABC
Federal Shadow Attorney General Marc Dreyfus doubled down on its claims that the Coalition wants to privatize the ABC, despite the feds having repeatedly rejected such a proposal, News Corp’s reports Sophie Elsworth.
The Labor MP for Victoria, speaking to an ABC Friends rally on Saturday, criticized the Morrison government for ‘threatening the ABC’ and said he was considering selling the public broadcaster.
His comments were reiterated by the Victorian president of ABC Friends Michael Henrywho also spoke to Liberal Senator David Vanin southeast Melbourne.
But the Minister of Communications Paul Flecher Told The Australian that Mr. Dreyfus’ claims were “nothing more or less than electoral disinformation”.
“The Coalition is fully committed to the ABC as public property,” he said. “The suggestion that the government has a policy of privatizing the ABC is a lie and Mr. Dreyfus should withdraw it immediately.”
Soaring Newsprint Prices Threaten National Newspapers
Price hikes set to hit regional newspapers on July 1 from Australia’s only remaining newsprint mill are worse than the industry feared, with some publishers reporting price hikes of 80% over rates previous ones and orders being only half filled, reports SMH’s Nick Bonyhady.
Regional media representatives have asked the federal government for quick help, fearing that rising costs could lead to the closure of newsrooms.
Norwegian paper giant Norske Skog has closed its New Zealand and Albury mills in recent years due to a long-term decline in demand for newsprint, leaving only its Boyer mill in northern Tasmania manufacturing this type of paper in the region.
New Commercial Radio Australia CEO Ford Ennals says all radio content should be ‘free and easy to access’
The new head of Australia’s radio industry body has warned that global tech companies must not abuse their power by acting as guardians of digital content and that it must continue to remain open access and easy to radio services, reports News Corp’s Sophie Elsworth.
One of the UK’s most experienced digital radio personalities, Ford Ennalsbegan his appointment as chief executive of Commercial Radio Australia this month and stressed the importance of ensuring Australians do not face barriers to easily accessible radio.
In his first interview since taking office, Ennals said tech platforms have “great influence and growing power because they’re in so many homes and people rely on them.” “When people want to listen to their favorite radio podcasts or their favorite show, it has to be easy to access it and that has to be what they get,” he said.
Netflix cancels titles in production after loss of subscribers and stock price crash
Netflix is already making strides after sad news that it lost 200,000 subscribers in the first three months of this year, leading to a crash in share price that erased $54 billion from its market value, News reports. Corp. Wenley Ma.
While the streaming company signaled it would introduce a cheaper, ad-supported subscription option and crack down on the common practice of password sharing, executives also hinted it would cut content spending.
The first casualty of this cost-cutting appears to be its animation slate with The Wrap reporting that Netflix has ousted the head of its animation department, Phil Rynda, and with him several staff members and projects in production.
Rumor: Pluto TV is making the rounds in Australia
Streaming platform Pluto TV appears to be closing in on an Australian launch, after a visit from world leaders from Paramount, reports tv tonight.
Maria KyriacouPresident ViacomCBS Networks International Australia, Israel and United Kingdom, and Raffaele AnnecchinoPresident and CEO, International Networks, Studios and Streaming at Paramount Global were both recent guests of Paramount ANZ, including at the Australian Grand Prix.
US-based Pluto TV is a free, ad-supported streaming service available in some 25 markets, including the US, UK and European territories. Pluto TV offers a range of channels including Movies, Entertainment, News + Opinion, Reality, Crime, Comedy, Games + Anime, Kids, Sports and more.
AFL boss flies to US for talks with media companies
AFL boss Gillon McLachlan is leading a delegation of senior executives to the United States to expedite talks with media companies for the league’s next broadcast deal, reports age.
The journey comes next age revealed that two of the world’s biggest streaming companies, Amazon and Paramount, are bidding to screen AFL matches under the next deal beyond 2024.
The league confirmed on Monday night that McLachlan, who attended the Anzac Day clash between Collingwood and Essendon at the MCG in the afternoon, had boarded a plane for the United States with the boss of the broadcast. Travis Audsupreme strategy Walter Lee and General Counsel and Head of Football Andre Dillon.
A league spokesperson said they were making the trip “for further discussions regarding the AFL’s broadcast arrangements”.