WA Newspapers still shedding readers (and profits), Westpac’s knee-deep in bananas, the earnings power of Top Gear and the latest on the Japanese and European economies in today’s business briefs.
READ MORE11 Results
ACA and NSW Police digging a hole over fake hoon story
Nine’s A Current Affair has been forced into an embarrassing backdown over a “hoon driver” story, after Crikey exposed it as a sham.
READ MOREI auditioned for the Stig; all I got was ACA lies
A Current Affair’s road safety crusade could be about to enter slippery legal territory after it used recycled footage from a two-year-old Top Gear audition tape in a faked attempt to “trap” a hoon driver.
READ MOREMan vs Wild? Abbot vs. O’Brien?
Man vs. Wild on SBS was the surprise winner last night. Will Tony Abbott vs. Kerry O’Brien on The 7.30 Report tonight be the second bout?
READ MORENine tries to buy itself some balls
Nine is paying about $450,000 an episode to secure the rights to air Top Gear next year and hopefully score itself more male viewers. That’s a lot of money for a network that is $3.8 billion in debt.
READ MOREAsylum seekers, Wilson Tuckey and gobbledygook
Crikey readers weigh in on the hysteria over asylum seekers, the prospect of Tamil Tigers being in Australia and climate currency leakage.
READ MORESBS News used as vehicle for Top Gear
Why did SBS news include a three-minute story on putting automatic stabilisers into Australian cars? Perhaps because it was just a convenient cross-promo for another SBS show.
READ MOREA miserable night for viewers
Seven won the night, but only because it was the best of a bad bunch. Seven News was dominant, ditto Today Tonight.
READ MORECuts keeping coming across the media
Odd how three separate Australian media companies have settled on the figure of 80% as the size of the cuts in their dividends or distributions to long suffering shareholders, writes Glenn Dyer.
READ MOREMedia briefs: News.com.au months behind on the economy… Hef jnr quits Playboy
News.com.au months behind on the economy… Hef jnr quits Playboy… Tribune files for bankruptcy… Pultizer Prize goes online…
READ MOREMedia briefs: Newsroom backstabbing, Top Gear loses stig
Falloon disengagement begins … Satin safari watch … Less foreign news than ever before! … Top Gear loses its stig … Miley boosts VF sales … Newspaper massacre .. Newsroom backstabbing.
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