‘We have to change our model’: TV, radio and news CEOs on media reforms
In this session from the Radio Alive 2017 conference, News Corp, Ten, Fox Sports and Nine bosses share their views on the recent media reforms.
During the following session from Commercial Radio Australia’s Radio Alive 2017 conference, which took place a few days before the media reforms were passed, Patrick Delany, CEO Fox Sports, tells the audience “in the sports area, I think it really is a bit late.”
Delany adds: “What happens is regulation can shape business decisions, and a lot of the decisions we make are long dated. The contracts that we entered into on the NRL and AFL are five year contracts. I think the laws have encouraged massive investment by the free to airs into the areas they’re protected in. As a result we may be over-invested in certain sports.”
“The world has moved beyond those laws in many ways.”
In 2017 the smug media barons realise that they need to change their model? PMSL!
‘Their model’ is bullying, it’s fencing off the land for themselves and not allowing anybody else to play on it. Their model is smear, stereotype and divide. Their model, in 2017, is finished. 3rd parties are evaporating and the replacement water is unedited, raw, however real. Once the large tech platforms (you know who they are), deal with the quality issues, (which is growing pains, even though some say those growing pains influenced the result of an election and a Brexit vote…), the world will be far more informed and dare I say it; kind. Of course, with most of the interests of the barons therefore at risk, they will oppose it and try to fence off the ‘internet’… The power struggle is in it’s midst and these cowboys have only just realised that they need to change ‘their model’. Yikes, better let some more of your talent go and give the board a pay rise eh ‘Gent’s’!