Newscorp loaned Foxtel $900M with an interest rate of 12%.
A report by Michael West describes Foxtel was spitting cash (highly profitable) at the time of the loan and there was no requirement for the loan.
The interest repayments from Foxtel to News resulted in Foxtel reducing their tax to the ATO to zero, Foxtel generated $6 Billion in revenue over 3 years and paid no tax.
If Foxtel had no requirement for the loan it can be argued that Newscorp, Foxtel and their tax lawyers and accountants conspired to draw up a loan agreement for the sole purpose to defraud the ATO of taxable income.
News Corporation is struggling to mount a legal defence to its allegations against actor Geoffrey Rush. And then there’s the chilling effect on the #metoo campaign. Hannah Marshall from Marque Lawyers breaks it down. Things are looking grim for the Daily Telegraph in its defence of Geoffrey Rush’s defamation case. The story of the litigation has taken a very distinct turn in Rush’s favour. That story is a courtroom drama and the protagonists are the barristers, lawyers and the judge. Behind the story of the litigation is another story. One that we won’t hear. That’s the story of what actually happened during the production of King Lear. That’s the one with Geoffrey Rush and Eryn Jean Norvill in it. Not the STC, not their co-stars, not the Tele. No-one else really, truly knows what happened. Only them. By commencing this defamation action, Rush seeks vindication; proof that he did not commit the acts of which he was publicly accused. The legal system tries its very best to provide actual vindication and find actual truth. But often it can’t. Cases like the Rush case make this painfully clear. The judge will make his decision based on the pleadings, which document the parties’ cl
Male politicians and news commentators are often quick to declare that these events are watershed moments. But skepticism is wise
Media Matters for America submitted a report to the United Kingdom’s chief competitions watchdog illustrating the havoc that 21st Century Fox and the owners, the Murdochs, would wreak on the British media landscape if their bid to take over Sky PLC is approved. The report was submitted amid revelations that Rupert Murdoch, his sons, and 21st Century Fox attempted to suppress another wave of public scrutiny around Fox News’ sexual harassment epidemic in January of this year.
Geraldo and Hannity attack women for speaking out against Weinstein after NY Times exposed him
Fox’s Erick Erickson: “Mass shootings in this country are actually so rare”
An interesting dynamic is the relationship between Bill O’Reilly, the superstar of the Fox News Channel and one of the network’s most consistent critics the comedian John Stewart, host of The Daily Show. They appear on each other’s shows and have respectful amusing banter. At one stage in 2011 after a series of encounters O’Reilly seems genuinely concerned that John Stewart may see the Fox News Channel as a “terrible, cynical, disingenuous news organization” operated by Charlatans. In a paradoxical performance just after these encounters, O’Reilly conducts an hour where he is both disappointed at Stewart’s assessment but at the same time seems hell bent on providing a concentrated hour proving him right. The first part of this News Corp Narrative is a detailed look at this particular hour of The Factor. Others who see promise in the mutual respect between O’Reilly and Stewart also see in this hour the operation of a “truly terrible, cynical, disingenuous news organization” featuring selected charlatans. That conclusion is based on a view that trusted and privileged people who make “elaborate, repetitive and voluble claims to skill and knowledge” are really “quacks or frauds.” These trusted, privileged superstars “fail to reveal the full story or whole truth and while appearing to be sincere are in reality false, deceptive and insincere.” Readers, of course, are asked to judge for themselves. The second part of this narrative challenges a Fox defence against accusations of being a propaganda arm of the Republican Party. It stems from another interview John Stewart conducted with Brett Baier who repeats the mantra that, “there are opinion shows and there are news shows” and he concludes that, “I’m a news guy. I do news.” This is despite having little defence when Stewart points to contrasting interviews conducted with the two most recent Presidents. Stewart characterizes the interview with President Bush as, “You were literally sitting with President Bush in a love seat.” Others remember the interview with President Obama being very tense with the young reporter interrupting the Commander in Chief repeatedly as he attempted to deliver the Fox agenda for his viewers. In the shadow of Baier’s claims to be a news guy, a close look is taken at a week of Special Report hosted by Baier and packaged as a “news” program since it is anchored by “news men”. For part of the week the senior “news man” on the network Chris Wallace replaces Baier in the anchor’s chair. When he Chairman of News Corp has been questioned about lack of diversity on the Fox News Channel he has offered Greta van Susteren as an example of a liberal anchor. Others would say that every daily hour with Greta van Susteren is another Republican hour. Part three give three examples of hours with Greta van Susteren. Others believe that any hour taken at random would reveal similar promotion of the prevailing narrative sold with all the talking points of the day with domination of Republican guest given kid glove treatment and whenever a Democrat should wander into the line of fire a grilling can be expected. The final section deals with a variety of broadcasts where readers can decide if they are witnessing civil discourse and rational debate or the efforts of charlatans abusing the privilege that has been offered them by the News Corporation and the trust of good folk. Others may conclude that when News Corporation’s most highly paid on air personality feigns not to understand the comedian’s perceptions of charlatans and a “terrible, cynical, disingenuous news organization,” that perhaps he “protests too much.” Perhaps he is being as disingenuous as his news corporation. This News Corp Narrative is a story of the operations of the Fox News Channel. Another framing of the account may be of the operations of POOPs proselytizing from a place designated by the same comedian whose observation gave Uthers this book title, as “Bullshit Mountain”
“It’s rank hypocrisy really,” the SBS managing director, Michael Ebeid, said of the attack in the Australian. “News Corp, who is running the agenda against us, has received $30m for women’s sport on Foxtel and millions of dollars through Screen Australia to produce drama for Foxtel and Screen Australia money for a crime vodcast on the Australian. But all this content is locked up to 30% of homes who have Foxtel and 70% of Australians can’t watch it. For them to be crying foul when they’re taking money from the public purse is just crazy.”Despite many requests neither Foxtel nor the government has explained what the $30m is for.Ebeid said: “Surely anyone can see that our budget is 10% of Seven and Nine. We spend $130m on TV, Seven spends $1.4bn and Nine $1.3bn. So at 10% how does the little guy outbid them? I think they just enjoy throwing hand grenades over the fence and running. We’re giving audiences content they’re not getting elsewhere and they’re doing the same thing they’ve been doing for 10 years.”AdvertisementIn the same week Handmaid’s Tale dominated the catch-up rankings as viewers binge-watched the show, Seven’s top show was the universally panned reality show Yummy Mummies.
Rupert Murdoch is the ‘great rent seeker’, John Menadue says – labelling the media company a ‘rogue organisation’
“In recent decades his organisation has become a disgrace,” Menadue, 82, said. “It’s trampled on democracy in three continents, it’s damaged the media enormously in three countries.
“He is recently, of course, a supporter of Trump, a supporter of Theresa May, a supporter of Brexit; he supported the Iraq invasion and still justifies it; he’s a climate sceptic; his organisation has been accused and convicted of phone hacking; there is serial sexism at Fox News in the US,” he said.
“He is now seeking in the UK amendments to complete his $20bn takeover of Sky TV,” he said. “It’s interesting to me that his papers in Australia and elsewhere are always attacking what they call welfare bludgers and single mothers yet he uses governments more than anyone else I’ve ever known.”
Menadue said News Corp publications liked to “rip apart” activists and organisations who might be critical of them, including GetUp, the Australian Press Council and the ABC. “They are not content to dominate mainstream media; they also want to silence organisations that might be critical of them.”
The watchdog should examine whether Lachlan Murdoch and Bruce Gordon exerted control over Network Ten, in breach of current laws, according to experts in media regulation.
Sheikh Shady Alsuleiman says articles describe him as one who preaches hatred of homosexuals, women and other minorities
In the firing line is Ten’s news division. Staff fear their local weeknight bulletins will be replaced by a national news hour, produced by Rupert Murdoch’s Sky News. Sydney newsreader Sandra Sully is tipped to host the new service, which may retain the Eyewitness News branding. Share on Facebook SHAREShare on Twitter TWEETPopular Ten programs such as The Project will continue unchanged. For now.Popular Ten programs such as The Project will continue unchanged. For now. Photo: TenIt’s possible this bulletin will feature local news “windows”. Even so, viewers will see a drop in state-specific stories. Any cuts to news will affect Studio 10 and especially The Project. Every day, it uses Eyewitness News footage. Sometimes, it even borrows its equipment.
“I am writing to ask you about any influence Rupert Murdoch may have sought to exert over cabinet appointments. Specifically, it has been suggested to me that Rupert Murdoch asked you to appoint Gove to the cabinet,” Watson told May in a letter published Monday.“Given your failure to secure a parliamentary majority and the consequent weakness of your position, it might be tempting to allow yourself to be influenced by powerful media proprietors who can shape the way your government is covered.”
Even in the story of the boy who cried wolf, most of the time the boy was lying.
A prescient propagandist, Ailes was quick to see the power of television as a tool of political persuasion. We are feeling the consequences of that every day
President Donald Trump was reportedly upset with the way cable news outlets were covering his unprecedented decision to fire FBI Director James Comey, who had been overseeing an investigation into whether the president’s associates had colluded with Russia to influence the 2016 presidential election. This morning, his favorite morning news pr
Editorial staff in Queensland blame Sydney bosses and news.com.au for job losses, the Australian’s dinosaurs upskill, and the ABC keeps staff on their toes
With the Dow down 250 yesterday, it may be over for the Tax Cut addicts on Wall Street, and Donald Trump.
“You should be talking to Fox, OK?” President Donald Trump, March 17, 2017.Monday’s House Intelligence Committee hearing delivered a trifecta of bad news for President Donald Trump.FBI Director James Comey confirmed the bureau is investigating whether members of Trump’s campaign colluded with Russia
It’s neither ignorant nor foolish to feel you have been poorly treated and even failed by the parliamentary system of late. You probably have been and it is no wonder people are disillusioned with both our political system and the major parties that control it. Most of us would probably agree that the government and many…
Tensions flare on Q&A as industrial relations expert Grace Collier says the unemployed should just start their own businesses.
The Sun and Daily Mail have been singled out in a report on “hate speech” and discrimination in the UK. The European Commission against Racism and Intolerance (ECRI) took aim at some British media outlets, particularly tabloid newspapers, for “offensive, discriminatory and provocative terminology”.
Source: The Insider – New Matilda
ISLAM MUST CHANGE, screamed the Herald Sun headline, and Muslim refugee Aladdin Sisalem – no stranger to conflict with News Corp Australia – took action.
By Jane Salmon Miranda Devine’s article ‘The curious case of NDIS and the autism boom‘ made me sad enough to cry. Then It made me cross. Gee, I don’t think being permanently challenged by learning or behavioural or physical differences is trendy. I think it is frustrating, expensive and heartbreaking. Every dollar spent on disability…
Total revenue for Rupert Murdoch’s media empire falls for fourth straight quarter so chief executive says it will save money across its masthead titles
Cutbacks likely after newspaper revenues fall for the fourth successive quarter
Employees at 20th Century Fox and Fox Networks to be offered ‘generous’ packages if they leave voluntarily, says Rupert Murdoch’s film and TV company
Company’s newspaper division suffers 11% slide in revenue to $1.29bn, but digital listings business records strong performance to offset decline
Wayne Simmons allegedly claimed past criminal history was related to his work at the CIA.
Malcolm Turnbull’s overthrow of Tony Abbott has ‘set off a civil war within News Corp’, according to the media giant’s conservative commentator Andrew Bolt.
“You would not think this whinger and peddler of poor-me victimhood was actually the pampered wife of the President of the United States.”
“We’ve both felt the sting of those daily slights throughout our entire lives. The folks who crossed the street in fear of their safety, the clerks who kept a close eye on us in all those department stores. The people at formal events who assumed we were the help,” she said. “And those who have questioned our intelligence, our honesty, even our love of this country, and I know that these little indignities are obviously nothing compared to what folks across the country are dealing with every single day. Those nagging worries about whether you’re going to get stopped or pulled over for absolutely no reason. The fear that your job application will be overlooked because of the way your name sounds.”
Andrew Bolt’s Racism is clearly expressed in that;
“Obama is not entitled to her experiences, certainly not to talk about them,” going on: “[J]ust as Eleanor Roosevelt articulated the experiences and plight of the poor as well as racial and ethnic minorities, so does Michelle Obama articulate the black experience. If that sometimes makes others uncomfortable, it damn well should.”
Bolt tends to cry reverse racism when the Obamas of this world raise it. Then Noel Pearson gets labelled an”active racial agitator” Bolt wants to let bygones be bygones. All is forgotten and forgiven eliminate history. Clean the slate and start afresh. If only it were that simple. But it’s not. This whole line of reasoning is racial crap running from the dread of compensation or trying to close the gap.
Bolt’s problem with outspoken indigenous elders is they don’t encourage silence about inequity nor do other groups who feel disadvantaged rather they shine a light on it. As a consequence the ineqitie’s benefactors cant enjoy the cumulative fruit of centuries of racial graft or decades of migrant exploitation without current-day guilt.
In disallowing and denying others their personal experiences and even sharing those experiences with others Bolt found himself in trouble under the Racial Discrimination Act and Section 18C. Race may not exist in scientific terms however for something that doesn’t exist it sure has an impact on peoples daily lives. Something Racists refuse to accept and when brought up they cry foul and victimization.
Bill O’Reilly Doesn’t Believe Fox News Leans Right
News Corp., donated $1 million to the Republican Governors Association for the express purpose of defeating Democratic candidates. Asked for comment, News Corp.’s spokesman cited his support for “the RGA’s pro-business agenda.”
And now, the network’s most-watched host is calling the network “anti-liberal,” and the network’s website is trumpeting the column in which he makes the claim.
As Eric Boehlert said on MSNBC, there is “no daylight” between Fox News and the GOP, “and they don’t apparently care who knows it.”
What Murdoch opinionators fail to use.
Only 8% of what Fox broadcasts has been found to be true. is that ‘Fair and Balanced’
My first thought on hearing the news of the hostage situation in Sydney’s Martin Place this morning was ‘those poor, terrified people and their anxious families. What a horrible thing to happen!’ and then slightly irrationally (because fear can be irrational), I thought ‘and just before Christmas too’ as if this made the horribleness of the situation more horrible. The next thought I had was condolence to the Islamic population of Sydney and Australia who will, no doubt, be frightened by this situation not just because of the randomness of such an event happening in our peaceful country, but because they know, like they found out after September 11, that their communities will be blamed, hated, abused, discriminated against and generally shunned by large sections of the non-Islamic Australian community through no fault of their own. Perhaps they’re not just scared. If I were them, I would be furious.
I was a teenager when the Port Arthur massacre happened, and I don’t recall there being a backlash at the time against white people with blonde hair. I’m a white person with blonde hair, and no one has ever heaped me into the ‘possibly a mass murderer’ bucket along with Martin Bryant. Or more recently, Norwegian Anders Breivik, who apparently killed 69 young political activists because he didn’t like their party’s immigration stance which he saw as too open to Islamic immigrants. In fact, in neither case do I recall the word ‘terrorist’ even being used to describe the mass murders of innocent people.
As soon as I saw the images of the white Islamic text on a black flag in the window of the Lindt Café on the news this morning, I knew Australian bigots would be singing with the cries of ‘I told you so!’ and I was right. According to The Guardian’s commentary of today’s events, King Bigot, Ralph Cerminara, leader of the anti-Muslim organisation Australian Defence League, hurried down to Martin Place to rant about Muslims and was moved on by police. Charming stuff. But of course Ralph is not alone. I noticed Greens MP Adam Bandt received a series of bigoted responses to this tweet:
Here are 5 of the first 6 responses on the twitter feed:
It’s important to note, not that Murdoch’s Daily Telegraph cares to be accurate, that the flag photographed in the window of the café is not an Islamic State flag. We don’t know anything at all about the hostage takers yet, they may be Islamic State supporters, they may not. But Murdoch’s newspapers, and the bigots who take this news as truth won’t let unconfirmed facts get in the way of a good excuse for some old-fashioned fear mongering and racist bigotry.
This ‘how-much-profit-can-we-drag-out-of-this-tragedy-that-we-know-barely-anything-about’ afternoon edition Daily Telegraph front cover makes the very dubious statement of ‘THE INSTANT WE CHANGED FOREVER’. But have we changed?
The only thing that I can see as having changed in this situation is the level of comfort bigots feel about being openly racist towards people of Islamic faith. And that’s the very real, very scary, very confronting part of this tragedy. Not just that this shocking, violent siege can happen to innocent people on a quiet Monday morning a week before Christmas. The tweets to Adam Bandt show a side of Australia that we all know is there, but we prefer not to think about. These bigots are the reason asylum seeker policy is such a political hot potato in this country, and why Tony Abbott is able to be elected promising to ‘stop the boats’. These nasty racist people aren’t a rarity. And they vote. Welcome to Australia. We haven’t changed a bit.