Gambling on Licence Fee Cuts for Free-to-Air Television Operators
Odds are shortening that licence fee relief will be included in the Federal budget on May 9. The government can only take so much haranguing from the no-moat-rated free-to-air television networks, especially as the 3.375% impost on gross broadcast revenue is undeniably higher than most other countries. Even more undeniable is the fact that free-to-air television's share of the advertising pie in Australia has slumped from 32% a decade ago to just 24% currently, reducing industry EBITDA margin fr...Ten Network Holdings is an Australian entertainment and news content company. Co.'s principal activity is the investment in The Ten Group Pty Limited and controlled entities, whose principal activities are the operation of commmercial television licenses in Sydney, Melbourne, Brisbane, Adelaide and Perth, and a national online media platform.
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