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Friday, December 17, 2010

Casino News Media: PartyGaming's casino keeps year on track, by Greg Tingle - 17th December 2010

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PartyGaming, the internet gambling firm that's merging with rival bwin, has traded in line with expectations during the fourth quarter, with a stronger casino business offsetting weakness in poker and bingo.

The company said trading since the end of September has been "solid" overall, thanks mainly to casino’s double-digit growth in average daily gross revenue versus the third quarter.

There was also growth at the poker business quarter on quarter, but the usual seasonal pickup has been "less pronounced" due to the euro’s strength against the dollar. Both bingo and sports are down on Q3.

But clean earnings before interest, tax, depreciation and amortisation (EBITDA) margins for 2010 remain in-line with previous guidance of 27-28%.

And the company is excited about the possibility of online gaming being regulated in the US both at the Federal and State level. If it goes through, the group is "well advanced" in talks with licensed companies in the US that could create "substantial" value.

"The proposed merger with bwin remains on-track to complete at the end of the first quarter and should place the combined group in a strong position to take advantage of the changing regulatory landscape in Europe given its leadership positions across all key product verticals," boss Jim Ryan said.

Press Release

PartyGaming Plc ("PartyGaming" and, together with its subsidiaries, the "Group") Pre-Close Trading Update

Revenue overall has been in-line with expectations with a strong performance in casino mitigated by a softer seasonal performance in poker and bingo
Clean EBITDA margins for 2010 expected to be in-line with previous guidance
Prospective regulation in new markets offers exciting medium to long-term revenue potential that may require additional investment
Merger with bwin remains on track

Trading since the end of September 2010 has been solid overall with a particularly strong performance in casino that has enjoyed double-digit growth in average daily gross revenue versus the third quarter, driven by growth in both turnover and hold. Poker has also seen growth in average daily gross revenue over the third quarter, although the usual seasonal pickup has been less pronounced than in previous years due to the strengthening of the euro against the US dollar. In bingo, average gross daily revenue has grown versus the current trading data reported at the time of our Q3 KPIs, but remains lower than the third quarter. This is due to the strengthening of the euro against sterling and seasonality, as UK-based bingo players typically reduce their spend in the run-up to Christmas. While sports betting has continued to deliver a solid performance in the period, the benefit of the World Cup during the third quarter as well as a favourable series of results for punters has meant that average daily gross revenue in sports is down versus the third quarter.

In respect of margins, we expect that full year Clean EBITDA margins for 2010 will remain in-line with our previous guidance of between 27% and 28%.

An increasing number of territories are now actively exploring the merits of a regulatory framework for online gaming. In Europe, the Group is continuing to monitor closely Germany, Greece, Holland, Denmark and Spain as well as other countries. Whilst the shape and scope of any such regulations is not yet known, should some of these markets move to regulate, additional gaming taxes and investment may be required to ensure that the Group’s long-term revenue potential is maximised.

There continues to be much movement in the US towards regulating online gaming both at the Federal and State level. Should the requisite legislation be enacted, the Group is well advanced in discussions with licensed companies in the US that could create substantial value for the Group’s shareholders.

Proposed Merger with bwin

It is expected that the shareholder documents associated with the proposed merger will be issued shortly with an extraordinary general meeting of shareholders expected to be convened for late January 2011. The proposed merger remains on course to complete during March 2011.

Commenting on today’s announcement, Jim Ryan, Chief Executive Officer, said:

"Revenues in the fourth quarter have enjoyed their usual seasonal upturn. Casino has performed particularly strongly with double-digit revenue growth over the third quarter, although currency movements meant that the uplift in poker has been less pronounced than usual. Clean EBITDA margins are expected to be in line with our previous guidance for 2010.

"The proposed merger with bwin remains on-track to complete at the end of the first quarter and should place the combined group in a strong position to take advantage of the changing regulatory landscape in Europe given its leadership positions across all key product verticals."

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PartyCasino Wins Media Man 'Online Casino Of The Month' Award

PartyCasino.com Wins Media Man Online Casino Award

PartyCasino.com has been awarded the Media Man and Casino News Media "Online Casino Of The Month".

PartyGaming's igaming suite has grown a custom to winning awards since they first opened for business in 1997.

The competition for the coveted award was intense again this month with massive bids from both WPTCasino.com, Captain Cooks Casino, Virgin Casino, Betfair, PKR and Noble Casino however there can only be one winner... ladies and gentlemen, that's PartyCasino.com

The award follows PartyPoker's EGR Poker Operator Of The Year and PartyGaming also made the shortlist for EGR Operator Of The Year. Recently PartyGaming's PartyPoker.com also won the Casino News Media "Online Poker Website Of The Month".

The Media Man - Casino News Media accolade is based on a combination of elements including user experience, innovation, trustworthiness, customer service, gameplay, affiliate program offerings, newsworthiness and company values.

PartyCasino.com is one of a number of PartyGaming brands.

The most popular PartyCasino.com games of late include Heist, Circus, Rambo, Palladium Slot, The Godfather, Sinatra, Slotbox, Call Of Duty 4: Modern Warfare, Mission: Impossible, The Terminator, Cleopatra, Sinatra, Thor, The Incredible Hulk, The Amazing Spider-Man, Monopoly, Resident Evil, Melon Madness, Wheel Of Fortune and Mega Fortune Wheel.

The PartyCasino.com jackpot is currently approaching the $2 million mark. Players can also compete for The Big One and Marvel Hero Jackpot, playing the Marvel super hero themed online slot games.

PartyCasino's most recent game releases include Shaaark! SuperBet, Crocodopolis, Alice's Wonderland, Glamour Puss, Super Cubes, Heist, Palladium Slot and Circus Slot.

PartyGaming CEO Jim Ryan has gone on record advising PartyCasino will soon feature more Hollywood blockbuster themed slots. A few in the know journalists and media agents have been recently tipped off that an all time classic movie adaption will be showcased in the PartyCasino portfolio within 1 month. PartyCasino has the world's most impressive line up of Hollywood themed games, and more are just around the corner.

PartyCasino.com and PartyPoker.com customers can also benefit from rewards and bonuses via PartyPoints and the Palladium Lounge. Be certain to check out the PartyCasino exclusive "Cash Machine" that is being championed as one of the greatest online casino promos ever.

Media Man, Casino News Media and Global Gaming Directory do have a b2b relationship with PartyGaming, as they do with dozens of other companies in the gaming, igaming, media and entertainment industry.

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Thursday, December 16, 2010

Media Man - Casino News Media - News Update

PartyGaming Claims Bwin Deal Still Going Ahead

PartyGaming - Collins Stewart takes a gamble on PartyGaming: Collins Stewart has a buy and 320p target for PartyGaming

Playtech - Collins Stewart takes a gamble on Playtech: Has a buy 552p target for Playtech

PartyCasino Gets New Slot Games

Virgin Casino Remains Strong In Europe; Still Not Accepting Australians, Americans or Canadians

Media Man Buys Shares In Ten Network Holdings; Sparked By James Packer, Lachlan Murdoch, Quality Programing And Ten Gaming Business Aspirations

Crown Casino Not So Hot For Tabcorp's Casino Business: Star City

Tabcorp's Treasury Heritage Hotel in Brisbane named as top independent hotel. According to Worldhotels, the hotel is one of the world's top hotels that provide guests with a luxury experience and could provide ideal accommodation for travellers planning to take flights to Brisbane. The hotel is part of the Treasury Casino resort and is located in a heritage building which has been revamped into a top quality hotel

Macau gaming revenue to double in four years saws PwC; Estimates casino gross gaming revenue will top US$45.1 billion (MOP361 billion) in 2014

Mobile Gaming Continues In Popularity

SBS wins three 2010 Walkley Awards for Journalistic Excellence, including its first for the broadcaster’s Radio News and Current Affairs division and two for Dateline. The awards were announced last night at Melbourne’s Crown Casino

PartyCasino.com Wins Media Man 'Online Casino Of The Month' Again

Virgin Casino Runner Up For Media Man 'Online Casino Of The Month'

Playtech's Casino Las Vegas And Noble Casino Proving Big Hit For Mobile Gaming Fans

Hitwise Stats Showing Gambling And Gaming Remain Super Hot On Internet

World Casino Directory format a big hit with punters says Media Man

Betfair Wins Media Man 'Sports Betting Website Of The Month' Award

PartyPoker Wins Media Man 'Online Poker Website Of The Month' Award

PKR Casino Gets New Games

Centrebet Remains #1 In Australia For Political Betting

Star City In 'Sin City' Sydney Focused On Becoming #1 Land Based Casino In Australia

Cleopatra game maintaining popularity in land based and online casinos

Sinatra Slot Game Massive Success Story For PartyCasino; Company Aiming To Have Similar Successes With New Game Releases

Online gaming companies in for huge 2011

Gambling911 News And Entertainment Website Portal Remains Big Hit With Australians, Americans, Canadians, despite not showing up in Google News at present

Gambling911 News

Tingle: Tabcorp Casino Chips Center of Drug Investigation

Wikileaks: Gambling With Australian Laws?

Tingle: Casino And Pokie Palace Attacks Continue Down Under

Australian NRL Footy Star Brad Murray Recorded Placing Bet

Kerry Packer Aussie Legend Live On Via Art And TV

Tingle: Australian Clubs, Pubs, Gaming Biz At War With Gvt

Tingle: Mildura Jewel Casino: Impossible Dream?

Tingle: Australians Betting Over $1bn Online Gaming

Australian Casino Wars: Star City Official Opening

Crown Casino Hammered: 24-Hour Gambling Binges, Machine Urination Alleged

Asia Pacific, Aussie Gambling And Entertainment News (11/27/10)

James Packer, Lachlan Murdoch And Stephen Conroy Talk Sports Media

Shane Warne, Tiger Woods Sex Scandals Center Stage at Aussie Casino

Crown Casino Catches Tiger Woods By Tail Again At Australian Open


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Waverton artist joins fans at the Oprah show - The Mosman Daily - 15th December 2010

Waverton resident and artist Eva Rinaldi was still buzzing today after attending the recording of the Oprah show in Sydney yesterday.

The US talkshow queen held two recordings for her Australia special show, to be screened next year, on the forecourt of the Opera House in front of about 6000 onlookers.

Did you go to the show? Comment below

Bodypainter Rinaldi was offered a ticket to be in the audience and was also short-listed to appear on the show.

She had hoped to bodypaint Oprah or people from her US-audience of 300 people for charity.

Ms Rinaldi was disappointed she did not end up on stage, but said she had instead been asked to come to Chicago for one of the shows early next year.

Rinaldi, who has signed a confidentiality contract preventing her from revealing details about her appearance on the show, said she could not confirm or deny whether she would be bodypainting on the show.

She said she felt "wonderful" about finally getting to experience the Oprah show as an audience member.

"Yesterday was so exciting," she said.

The show was not short of Australian star power, with celebrities including Nicole Kidman, Keith Urban, Russell Crowe, Hugh Jackman and Olivia Newton-John taking to the stage.

"I absolutely loved all the celebrities were absolutely fantastic, however I do have a little bit of a soft spot for my favorite wolverine Hugh Jackman," Rinaldi said.

Jackman hurt his eye after doing a flash entrance on a flying fox from the Opera House.

He failed to pull the brake and went head-first into a studio light, suffering a small cut to under his eye.

"Hugh got a couple of stitches and I’m so glad he will be okay now," Rinaldi said.

She said Crowe sang and sounded "better than I thought he would", and another highlight was seeing Newton-John and hearing about the charity auction where she will sell the her skin tight pants she wore in the movie Grease.

"I was impressed with Oprah providing the platform to show case wonderful talent and accommodate their desires to help society as a whole not just talk show biz," she said.

"The crowd was like 6000 Oprah maniacs they were into it big time. My life nor the Sydney Oprah House will ever be the same again."

The Daily first ran the story about Rinaldi’s quest - to appear the Oprah Show - on September 23.

Jessica Wilson, 12, of Mosman joined Oprah on stage yesterday to sing with the Australian Girls Choir.

120 members of the AGC joined Jackman, Newton-John, Urban, Kidman and Crowe to perform ‘I Still Call Australia Home’. (Credit: The Mosman Daily)

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Australian Casino Wars: Crown Casino VS Star City, by Greg Tingle - 16th December 2010

G'day punters, casino and gambling millionaires and billionaires, entertainment news junkies, journos... one and all. It's a very special edition of the Australian casino wars, as Melbourne's Crown Casino and 'Sin City' Sydney's Star City fight it out for the creme of the celebrities, big names, politicians and other entities to try to outdo each other as the war continues. Media Man and Gambling911 with Crown Limited's Crown Casino VS Tabcorp's Star City casino war. Incoming...

Many gaming and media analysts are jokingly comparing it to a real life 'Call of Duty' Black Opps' mission (with a shade of 'Casino Royale' and 'Dirty Deeds'), as the competing land based casinos continue to battle, fighting for the creme of Australian and international celebrities, high rolling whales, big fat media deals, and you get the idea. The casinos have been firing off shots at each other, and laying down bait to get who and what they want. Both competing casino bunkers are also investing towards 1 million dollars all told into their respective infrastructure, with world class restaurants being added, world class entertainment - concert auditorium works, private jet fleet expansion, and even a few management reshuffles and cullings.

Crown's Packer is opting for a more Australian full on entertainment factors, while also employing 1000's of Australians, some as part of his commitment to Indigenous Australia via GenerationOne, assisted by Andrew "Twiggy" Forrest, while Tabcorp now has roughly half of their management been Yankee's - yep, Americans, and the marketing firm that has also helped them with their strategy is also from the States.

Who And What Was On At Crown Casino And Star City?...

The one and only Oprah 'O' Winfrey and a number of her 300 guests are understood to have checked out both Crown and Star City earlier in the week. Details are sketchy, but both casinos got the thumbs up mate.

Last night its fair to say that Star City got the best of Crown, with rock gods Bon Jovi performing quite the rock and roll show revival, helping relaunch Star City as one of Australia's greatest entertainment venues. Jon got the crowd out of their seats with a "This is not TV - get up out of your seats," Bon Jovi demanded, flashing that brilliant white smile. The band performed classics such as You Give Love a Bad Name, It's my Life, Keep the Faith, Wanted Dead or Alive, Livin' on a Prayer and Bad Medicine. Souths Rabbitohs star owner Russell Crowe, pulled off a huge marketing coup, persuading the US rock legend superstar to wear a Rabbitohs jersey for the encore of the performance. Crowe's Souths chief executive Shane Richardson was able to confirm that the band's lead singer had joined the club as an ordinary member on Tuesday. "Russell you got me to wear your team's jersey," Bon Jovi bellowed out. Bon Jovi will perform 3 concerts at Sydney Football Stadium starting tonight - Thursday.

Bob Geldof Catches Oprah and Star City Mania...

Geldof, not a huge gambling fans, caught a flight into Sydney yesterday, just in time to catch the Bon Jovi's private concert for Oprah Winfrey's guests at Star. Geldof was well received, as was the Oprah special TV audience guests. 'O' and her 300 travelling guests are understood to have loved the show. Geldof will have a second outing in the Lyric Theatre tonight.

Crown Casino of course remains home to Shane Warne's 'Warnie' hit TV talk show, and will also be host to the return on Network Nine's 'This Is Your Life' airing early in the new year, hosted by Eddie 'Everywhere" McGuire. As always, Crown will be hanging on to the TV Week 'Logies', which last year was the scene of the 'Twitter Gate' scandal, which saw at least one media head roll, much to the delight of Australia's media, entertainment (and gaming) sector.

Crown's James Packer Continues To Talk Down Crown Bid For Tabcorp's Star...

Packer recently told shareholders, yep including yours truly, a move to take over the gambling arm of Tabcorp (Star City etc) "take a lot of work and a lot of money".
JP, who has previously expressed a keen interest in acquiring the Tabcorp-owned Star City casino in Sydney, told shareholders he did not want to speculate on Tabcorp's move to separate its wagering and casino operations. He basically hinted that his main priority was the ongoing $2 billion redevelopment of Crown Melbourne and Burswood, which he said was just beginning to generate revenue improvements, as well as Crown's interest in the City of Dreams gaming complex up north in Macau. He chose not to directly answer a shareholder's question on whether a Crown Limited bid for the Tabcorp assets would face a potential challenge from the Australian Competition & Consumer Commission, but we suspect it might, as the casino sector gets so much scrutiny. "We are watching what's happening (on Tabcorp) through the demerger process," Packer said. "At the moment, we think there is still a lot of work to be done to make our properties in Perth, Melbourne and Macau as good as they can be. And I think Tabcorp properties will take a lot of work and a lot of money."

Crown's Burswood Entertainment Complex In Perth May Cop Fine For $320,000 Error In Punter's Favor!...

Burswood now faces a large fine after having admitted in a court of law just yesterday that it accidental paid a losing card player $320,000! The odd offence was reported to authorities by the casino itself, the Perth Magistrate's Court was told. This is one of a number of strange legal situations that have arose for Crown Limited over the years including a Ferrari thief caper, a man stuck in a Crown kitchen vent, Twitter Gate at Crown's Logies, totally wasted (drunk) AFL players at Crown Casino including 'Our Fev', battle royale style fights in the casino and plenty more. Back to matters at hand, Burswood Casino, admitted a mistake in relation to gaming. The prosecuting lawyer Brendyn Nelson advised the casino made a mistake when its chief operating officer allowed the payout on a game of baccarat on April 16. It all went down at the table after a punter claimed the bet had been misplaced. The player had made 2 bets, 1 of $50,000 in the banker betting area of the game and $40,000 in the banker pairs betting area. According to the official rules of the game, the gambler should have lost the banker pairs bet. The max bet allowable to be placed on banker pairs is $20,000. The gambler should have lost $20,000 and the other $20,000 placed on the game should have been returned by the casino, Nelson told the court. The punter complained the bet was to have been made differently, as a "tie wager", which would have meant a win. The casino's chief operating officer Richard Calendar was called and rather surprisingly ruled in the punter's favour, declaring the wager which was placed in the banker pairs area would be treated as a "tie wager", thus giving the "whale" (or "dolphin plus") the significant payout from the table float. Under the Casino Control Act, any anomaly must be reported to the Department of Racing, Gaming and Liquor. The casino's independent surveillance team reported the incident to the department, which referred the matter to the Gaming and Wagering Commission. The casino's lawyer Joshua Preston said his client pleaded "guilty". Magistrate Barbara Lane said she would need time to consider the sentence for the unusual offence. She is expected to deliver the sentence on on the 7th of January, in the new year. Nelson advised similar matters had seen fines in the region of $5000.

Crown Punters Calling For Sinatra, Kerry Packer And Underbelly Themed Slot Games...

Patrons of Crown's Melbourne and Perth land based casinos keep asking for a Sinatra, Kerry Packer and Underbelly themed slot games, but so far have found no joy. Some of the switched on customers have noticed an online Sinatra games via a PartyGaming casino, but it's not exactly what they wanted for Christmas. Insiders say there's more chance Crown will get 'The Godfather', 'Marvel Heroes', 'Tomb Raider' and 'This Is Your Life' slot, before their real want list. Rumblings say its a 50-50 bet if they will get 'Underbelly', which happens to be returning to TV channel Nine early into the new year. 'Dirty Deeds' is also been talked about at the bar by some patrons, but due to the negative gambling aspects of the movie, talk is that's only a 30% chance of that game themed being adopted. Aw well, you've got to be in it to win it.

Crown Casino and Star City Aware Of Online Gaming Opportunities; Pro Active On Website Upgrades And B2b...

Crown Casino is generally seen to have the upper hand over Star City in the online space. Having said that, both firms have a few irons in the fire which are yet to be unleashed. Crown Limited has been pro actively promoting its Burswood Entertainment Complex - Burswood Poker on Facebook, and PartyGaming and a swag of other companies have been sending online pokers into the Crown Casino Aussie Millions Poker Championship. Star has its own Twitter account, but it's yet to ramp up, but in Star's defence, one of Star City's drinking holes and clubs, Sports Theatre & Bar does has its own dedicated Twitter account, and it's pro active.

Crown Limited and Tabcorp are closely watching a number of international online gaming entities, including but not limited to PartyGaming Playtech, and Virgin Games. Packer also holds a 50% stake in Betfair and he's expected to ramp up online gaming, them gambling, as part of his well publicised but into to Ten Network Holdings. Crown Limited is a big believer in responsible gambling, Tabcorp have also got more with the program, putting more safeguards in place, and Gambling911 and Media Man also continue to spread the message for punters to "bet with their head, not over it", whether they play at a land based venue or online. For the record, few in the land casino casino (or pub) industry are totally sold on the idea of punter fingerprint technology, as its widely seen as abuse of human rights and privacy, plus studies have show that the system can be beaten also, so in short, fingerprint tech just wouldn't property work. Both casinos, and casinos around the world, continue to have great success with the "eye in the sky", backed up by other CCTV and muscled up and switched on security offers. The casinos also have excellent lines of communications with both their state police department and the Australian Federal Police. Both casinos have looked at their casino chip technology, and fraud is understood to have dropped off massively in the past month, after a couple of high profile raids busting casino gang fraudsters and other undesirables who were frequenting Crown and Star.

Well done to both Star City and Crown Casino for providing an excellent array of entertainment, games, news and gossip this year.

We're certain the Australian Casino Wars will continue to escalate into the new year, as the "whale hunt", celeb lures and bait, entertainment spectaculars, fine dining, 5 star rooms, and other secret strategies continued to be unveiled. May the best casino win, and don't hold back. We're betting on World War III, soon after both giant players have enjoyed their Christmas turkey and shrimps on the barbie. Ok whales, you're throw of the dice.

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CWN: $8.150

TAH: $7.09

Wrap Up...

An exciting year full of developments for the Australian casino management, staff, customers and guests, which also contained a high political aspect. Congratulations to both casinos for their extra steps in helping ensure customers bet within their limits, boosting security, getting more great games, and generally just making their premises much more enjoyable places to visit. We'll be spending much more time at Crown and Star into the new year. Stay tuned for more of the best on gambling, media, entertainment and sports right here with Media Man and Gambling911.

If you have a bet, please bet with your head, not over it, and for God's sake, have fun.

*Greg Tingle is a special contributor for Gambling911

*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. They cover a dozen industry sectors including gaming and offer political commentary and analysis.

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Wednesday, December 15, 2010

Media Man News Blog: Pop culture flashback

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Netflix finally reveals how much it makes from Australians - 1st June 2023

Netflix made more than $1 billion from Australians last year, a figure the company reported for the first time after deciding no longer to funnel revenues through a Netherlands-based subsidiary.

Accounts lodged by the streaming giant show Netflix Australia made $1.06 billion in 2022, up from $30.7 million the year before.

The increase in reported revenue came after the company’s local subsidiary changed how it bills. It now describes itself as a “distributor of access” to Netflix Service as opposed to a provider of services for its parent company.

It was previously estimated that Netflix made between $790 million and $1.4 billion from Australians, but customers were billed by Netflix International BV. But from January 1 last year, customers were billed by Netflix Australia, meaning subscription revenue was recognised and taxed locally.

The accounts, filed with the Australian Securities and Investments Commission, show Netflix Australia paid $966 million to the Netflix Group in distribution fees and other costs, meaning it made just $22.7 million from total revenues of $1.06 billion.

After paying $6.9 million in income tax, it reported $15.8 million profit for the year.

“As Netflix continues to grow and invest in Australia, we want our corporate structure to reflect our business activities here,” a spokesman for Netflix said last year when The Australian Financial Review reported the structural change.

In 2021, Netflix Australia reported $30.7 million in revenue, $2.4 million in profit pre-tax, and $1.5 million in profit after its $868,000 income tax bill.

Netflix does not disclose subscriber numbers for Australia, but the revenue figures included in its latest accounts implies the service has around five million customers locally, if its standard plan, $16.99 per month, is used as a guide. It has four monthly price tiers including a new, cheaper one that now adds some advertising.

According to the Australian Communications and Media Authority, streaming services made a combined $2.49 billion in Australia in 2021.

The disclosure of Netflix’s true Australian revenue comes as the federal government considers introducing quotas that would force streaming companies to spend a certain amount making shows locally.

Some suggestions have been forcing them to spend between 10 and 20 per cent of local revenue on Australian shows, meaning Netflix would be required to spend, depending on the rate, between $100 million to $200 million.

ACMA estimates streaming providers spend $335.1 million on Australian content in the 12 months to the end of June last year, up from $178.9 million the year before.

Netflix has been contacted for comment.


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Mistakes and miscalculations: How the Murdochs and Fox got it so wrong - 30th May 2023


In August 2021, the Fox Corp. board of directors gathered in Los Angeles. Among the topics on the agenda: Dominion Voting Systems’ $US1.6 billion ($2.5 billion) defamation lawsuit against its cable news network, Fox News.

The suit posed a threat to the company’s finances and reputation. But Fox’s chief legal officer, Viet Dinh, reassured the board: Even if the company lost at trial, it would ultimately prevail. The First Amendment was on Fox’s side, he explained, even if proving so could require going to the Supreme Court.

That determination informed a series of missteps and miscalculations over the next 20 months, according to a New York Times review of court and business records, and interviews with roughly a dozen people directly involved in or briefed on the company’s decision-making.

The case resulted in one of the biggest legal and business debacles in the history of Rupert Murdoch’s media empire: an avalanche of embarrassing disclosures from internal messages released in court filings; the largest known settlement in a defamation suit, $US787.5 million; two shareholder lawsuits; and the benching of Fox’s top prime-time star, Tucker Carlson.

And for all of that, Fox still faces a lawsuit seeking even more in damages, $US2.7 billion, filed by another subject of the stolen election theory, voting software company Smartmatic.


Caught flat-footed

Repeatedly, Fox executives overlooked warning signs about the damage they and their network would sustain, the Times found. They also failed to recognise how far their cable news networks, Fox News and Fox Business, had strayed into defamatory territory by promoting President Donald Trump’s election conspiracy theories — the central issue in the case. (Fox maintains it did not defame Dominion.)

When pretrial rulings went against the company, Fox did not pursue a settlement in any real way. Executives were then caught flat-footed as Dominion’s court filings included internal Fox messages that made clear how the company chased a Trump-loving audience that preferred his election lies to the truth.

It was only in February that Murdoch and his son with whom he runs the company, Lachlan Murdoch, began seriously considering settling. Yet they made no major attempt to do so until the eve of the trial in April, after still more damaging public disclosures.

At the centre of the action was Dinh and his overly rosy scenario.

Dinh, a high-level Justice Department official under President George W. Bush, declined several requests for comment, and the company declined to respond to questions about his performance or his legal decisions. “Discussions of specific legal strategy are privileged and confidential,” a company representative said in a statement.

The second half of 2020 brought Fox News to a crisis point. The Fox audience had come to expect favourable news about Trump. But Fox could not provide that on election night, when its decision desk team was first to declare that Trump had lost the critical state of Arizona.

In the days after, Trump’s fans switched off in droves.

The Fox host who was the first to find a way to draw the audience back was Maria Bartiromo. Five days after the election, she invited a guest, Trump-aligned lawyer Sidney Powell, to share details about the false accusations that Dominion, an elections technology company, had switched votes from Trump to Joe Biden.

Soon, wild claims about Dominion appeared elsewhere on Fox, including references to the election company’s supposed (but imagined) ties to the Smartmatic election software company; Hugo Chávez, the Venezuelan dictator who died in 2013; George Soros, the billionaire investor and Democratic donor; and China.

‘Fox News did its job, and this is what the First Amendment protects. I’m not at all concerned about such lawsuits, real or imagined.’


Fox’s chief legal officer Viet Dinh

On November 12, a Dominion spokesperson complained to Fox News Media chief executive Suzanne Scott and Fox News Media executive editor Jay Wallace, begging them to make it stop. “We really weren’t thinking about building a litigation record as much as we were trying to stop the bleeding,” said Thomas A. Clare, one of Dominion’s lawyers.

As Fox noted in its court papers, its hosts did begin including company denials. But as they continued to give oxygen to the false allegations, Dominion sent a letter to Fox News general counsel Lily Fu Claffee, demanding that Fox cease and correct the record. “Dominion is prepared to do what is necessary to protect its reputation and the safety of its employees,” the letter warned.

Fox, however, did not respond to the Dominion letter or comply with its requests — now a key issue in a shareholder suit filed in April, which maintains that doing so would have “materially mitigated” Fox’s legal exposure.

Three months after the election, another voting technology company tied to the Dominion conspiracy, Smartmatic, filed its own defamation suit against Fox, seeking $US2.7 billion in damages. Dominion told reporters that it was preparing to file one, too.


Dinh was publicly dismissive.

“The newsworthy nature of the contested presidential election deserved full and fair coverage from all journalists. Fox News did its job, and this is what the First Amendment protects,” Dinh said at the time. “I’m not at all concerned about such lawsuits, real or imagined.”

The Fox legal team based much of the defence on a doctrine known as the neutral reportage privilege. It holds that news organisations cannot be held financially liable for damages when reporting on false allegations made by major public figures as long as they don’t embrace or endorse them.

An early warning came in late 2021. The judge in the case, Eric M. Davis, rejected Fox’s attempt to use the neutral reportage defence to get the suit thrown out, determining that it was not recognised under New York law, which he was applying to the case. Even if it was recognised, Fox would have to show it reported on the allegations “accurately and dispassionately”, and Dominion had made a strong argument that Fox’s reporting was neither, the judge wrote in a ruling.

That ruling meant that Dominion could have access to Fox’s internal communications in discovery.

That was a natural time to settle. But Fox stuck with its defence and its plan.


Treasure trove

At nearly every step, the court overruled Fox’s attempts to limit Dominion’s access to private communications exchanged among hosts, producers and executives. The biggest blow came mid-last year, after a ruling stating that Dominion could review messages from the personal phones of Fox employees, including both Murdochs.

The result was a treasure trove of evidence for Dominion: text messages and emails that revealed the doubts that Rupert Murdoch had about the coverage airing on his network, and assertions by many inside Fox, including Carlson, that fraud could not have made a material difference in the election.

The messages led to even more damaging revelations during depositions. After Dominion’s lawyers confronted Rupert Murdoch with his own messages showing he knew Trump’s stolen election claims were false, he admitted that some Fox hosts appeared to have endorsed stolen election claims.

During Carlson’s deposition last year, Dominion’s lawyers asked about his use of a crude word to describe women — including a ranking Fox executive. They also mentioned a text in which he discussed watching a group of men, who he said were Trump supporters, attack “an Antifa kid”. He lamented in the text, “It’s not how white men fight,” and shared a momentary wish that the group would kill the person. He then said he regretted that instinct.

There is no indication that Carlson’s texts tripped alarms at the top of Fox at that point.

The alarms rang in February, when reams of other internal Fox communications became public. The public’s reaction was so negative that some people at the company believed that a jury could award Dominion more than $US1 billion. Yet the company made no serious bid to settle.

All along, the Fox board had been taking a wait-and-see approach.

But the judge’s pretrial decisions began to change the board’s thinking. Also, in those final days before the trial, Fox was hit with new lawsuits. One, from former Fox producer Abby Grossberg, accused Carlson of promoting a hostile work environment. Another, filed by a shareholder, accused the Murdochs and several directors of failing to stop the practices that made Fox vulnerable to legal claims.

The weekend before the trial was to begin, the board asked Fox to see the internal Fox communications that were not yet public but that could still come out in the courtroom.

The board learned for the first time of the Carlson text that referred to “how white men fight”. Dinh did not know about the message until that weekend, according to two people familiar with the matter.

By the time the board learned of the message, the Murdochs had already determined that a trial loss could be far more damaging than they were initially told to expect. A substantial jury award could weigh on the company’s stock for years as the appeals process played out.

“The distraction to our company, the distraction to our growth plans — our management — would have been extraordinarily costly, which is why we decided to settle,” Lachlan Murdoch said at an investment conference this month.

The text also helped lead to the Murdochs’ decision to abruptly pull Carlson off the air. Their view had hardened that their top-rated star wasn’t worth all the downsides he brought with him.

Still pending is the Smartmatic suit. In April, Fox agreed to hand over additional internal documents relating to several executives, including the Murdochs and Dinh. In a statement reminiscent of Dinh’s early view of the Dominion case, the network said that Fox was protected by the First Amendment.

“We will be ready to defend this case surrounding extremely newsworthy events when it goes to trial, likely in 2025,” the statement said.


News

Lachlan Murdoch explains $1.2b settlement, says Fox News won’t change ‘successful strategy’ - 10th May 2023


Fox News paid $US787 million ($1.16 billion) to settle a recent lawsuit on its reporting after the 2020 election to avoid a divisive trial and lengthy appeals process, its parent company’s chief executive said.

Lachlan Murdoch, executive chairman and CEO of Fox Corp., also noted that a Delaware judge “severely limited” Fox’s defences against Dominion Voting Systems, which said the network defamed it by airing bogus charges of election fraud that it knew was untrue.

Fox Corp announced that it had lost $US50 million the previous three months, which it attributed to the lawsuit settlement. Murdoch, who answered questions from financial analysts, was speaking in public for the first time since the case ended and Fox fired its most popular anchor, Tucker Carlson. Carlson has just announced he is launching a new show on Twitter.

Murdoch said viewers, and investors, should expect no change in direction from Fox News.

“We made the business decision to resolve this dispute and avoid the acrimony of a divisive trial and multi-year appeal process, a decision clearly in the best interests of the company and its shareholders,” he said.

Fox still believes it was properly exercising its First Amendment rights to report on newsworthy fraud allegations made by former President Donald Trump, even though that defence was shot down in a pre-trial court ruling in the Dominion case, Murdoch said.

That’s important, since Murdoch said Fox intends to use the same defence against a similar lawsuit by another elections technology company, Smartmatic. That case is not expected to go to trial until at least 2025, he said.

Despite being asked directly about Carlson’s exit, Murdoch didn’t mention the former prime-time host’s name and referred to his reign obliquely. Fox has not explained why it cut ties with Carlson.

“There’s no change in programming strategy at Fox News,” he said. “It’s obviously a successful strategy. As always, we are adjusting our programming and our lineup and that’s what we continue to do.”

Although hurt by the Carlson exit, Fox News remains the leading cable news network.

Fox has lost viewers following Carlson’s firing. Last week’s substitute host, Lawrence Jones, reached between 1.28 million and 1.7 million last week in a time slot where Carlson usually drew around 3 million, the Nielsen company said.

Yet Fox has gained more than 40 new advertisers in that hour, the network said, confirming a report in Variety. Advertisers like Gillette, Scott’s Miracle Gro and Secret deodorant that had considered Carlson’s show a toxic environment have signed on.

(AP)


News

Jesse Armstrong on the roots of Succession: ‘Would it have landed the same way without the mad bum-rush of Trump’s presidency?’ - 27th May 2023


It has been the TV drama of our time – a brutal, hilarious unpicking of how power works. As the series comes to an end, its creator looks back at its origin and the unholy trinity of men who helped inspire Logan Roy

My first vivid memory of the project that would develop into Succession was trying to get out of it. It was about 2008 and I was on location for the filming of Peep Show, the UK sitcom my longtime writing partner Sam Bain and I wrote together. Between that show and my work on The Thick of It and In the Loop, and a bunch of other things, I was feeling overcommitted. That particular day we were pretending a very normal field in Hertfordshire was a safari park. I sloped off from set and, hiding from imaginary lions, tried to elegantly step away from the project.

I failed. And in the following months as I wrote, slowly, I became certain the script was a dud. It was stodgy and odd. The original idea, a faux-documentary laying out Rupert Murdoch’s business secrets, with them delivered straight to camera, evolved as I worked into a sort of TV play, set at the media owner’s 80th birthday party. Channel 4 were supportive, but it was an odd form, this docudrama/TV-play, and difficult to make happen. Around 2011, after a read-through in London where John Hurt played Rupert, the project essentially died.

My US agent was the first person I recall suggesting a totally different approach. A fictional family, a multi-series US show. For five years or so, I dismissed the idea, certain that a portrayal of a fictional family would never have the power of a real one. Four works changed my mind: HBO’s excellent Robert Durst documentary, The Jinx; Sumner Redstone’s grimly business-focused autobiography, A Passion to Win; James B Stewart’s propulsive DisneyWar; and Tom Bower’s fascinating Robert Maxwell biography Maxwell: The Final Verdict. These turned the idea of doing a media-family drama without a singular real-life model from a terrible betrayal of reality into a tantalising chance to harvest all the best stories. Here was an opportunity to explore all the most fascinating family dynamics within a propitiously balanced fictional hybrid media conglomerate. I took a long, deep dive into rich-family and media-business research.

I talked about this, as-yet-unwritten, idea in half-ironised terms as ‘Festen-meets-Dallas’

When Sam and I decided to bring things to a close on Peep Show, I flew out to pitch this media show around LA. I had a clear idea of where I wanted to develop it, but my agent persuaded me appetites would be whetted if we had a number of potential homes. So I spent three days doing a round of pitch meetings where I talked about this as-yet-unwritten idea in half-ironised terms as “Festen-meets-Dallas”. No stars, Dogme 95 camerawork. Scared of driving on the five-lane highways, I bumped around town in the back of a Honda Civic while a nice young man from my US agent’s mailroom ferried me between rooms stocked with identical tiny bottles of water and executives of vastly varying degrees of interest.

Eventually, I got to HBO, the place I most wanted the show to land, home to The Sopranos and Six Feet Under. I knew they might be receptive. Frank Rich – once known as the “Butcher of Broadway” for his theatre criticism, but now an in-house consigliere – had championed my work there to the boss, Richard Plepler, and I’d previously developed a show with them. So, out the back of a French-style bistro on a three-cappuccino high, I pitched it to their head of drama and comedy, Casey Bloys.

Sometimes a pitch stretches thin and threadbare, the fabric renting as you go, the other party peeping grimly through the holes. Other times, the air thickens, and you can feel the atmosphere in the room turn oxygen-rich as the enthusiasm you are trying to project transforms into an enthusiasm you are actually feeling.

By the time I left LA, HBO had made an offer and Adam McKay, fresh from The Big Short, had said he would be interested in directing. I’d written another Succession forerunner, a script about the US political strategist Lee Atwater, for Adam and his producing partner Kevin Messick. It had been one of the few LA experiences I’d had where the excitement expressed at the start of the project sustained through the writing and attempts to get it made.

This was 2016 and, once back in the UK, I wrote the pilot through the spring and summer in a one-room flat I rented on Brixton Hill, south London, walking across Brockwell Park each morning, listening to podcasts and reading news about the Brexit referendum. Scotland had recently voted by a narrow majority to stay inside the UK and the abiding sense right before the Brexit vote was, yeah, change looms, it glistens, menacingly, promisingly, but it doesn’t happen. Not really. Really, everything stays the same.

But then it did happen. And across the Atlantic, the Trump campaign was igniting – even if initially his candidacy felt like a slightly amusing, slightly too-vivid flash in the pan. Into early autumn, in fact, all serious people were still explaining to one another that Trump couldn’t happen. Although I suppose, looking back, there was a notable lack of detail in terms of the mechanism by which he would be stopped.

I think a lot of the better films and TV shows I’ve been involved with have at their heart a quite simple impulse around which the more subtle layers are spun. In the Loop’s spark was anger at the Iraq war. Chris Morris’s Four Lions I think was driven by his gut feeling that something was very wrong with the way we understood jihadi terrorism in the UK. Peep Show was about oddball male friendship, perhaps even “masculinity”.

I guess the simple things at the heart of Succession ended up being Brexit and Trump. The way the UK press had primed the EU debate for decades. The way the US media’s conservative outriders prepared the way for Trump, hovered at the brink of support and then dived in. The British press of Rothermere, Maxwell, Murdoch and the Barclay brothers, and the US news environment of Fox and Breitbart.

The Sun doesn’t run the UK, nor does Fox entirely set the media agenda in the US, but it was hard not to feel, at the time the show was coming together, the particular impact of one man, of one family, on the lives of so many. Rightwing populism was on the march across the globe. But in the fine margins of the Brexit vote and Trump’s eventual electoral college victory, one couldn’t help but think about the influence of the years of anti-EU stories and comment in the UK press, the years of Fox dancing with its audience, sometimes leading, sometimes following, as the wine got stronger, the music madder. It was politically alarming and creatively appealing: to imagine the mixture of business imperatives and political instinct that exist within a media operation; to consider what happens when something as important as the flow of information in a democracy hits the reductive brutality of the profit calculation inside such a company. How those elements might rebound emotionally and psychologically inside a family as it considered the question of corporate succession.

For Logan Roy, Murdoch, Redstone and Maxwell were my holy trinity of models. But Conrad Black, Brian L Roberts of Comcast, Robert Mercer of Breitbart, Julian Sinclair Smith of Sinclair, Tiny Rowland, Rothermere, Beaverbrook and Hearst all fed in. The three central models were wildly different, of course: the self-made refugee Maxwell and the already-rich Murdoch, a scion of Australian journalistic royalty, both so different from the tough Boston lawyer Redstone who started with a couple of his father’s drive-in cinemas.

But they were connected by a strong interest in a few things: a refusal to think about mortality (Redstone and Murdoch both used to make the same joke about their succession plan: not dying); desire for control; manic deal-making energy; love of gossip and power-connection; a certain ruthlessness about hirings and firings. And most of all, an instinct for forward motion, with a notable lack of introspection.

Perhaps the best part of Redstone’s autobiography for a casual reader is the opening, where he recounts clinging by one hand to a hotel balcony through a fire. Despite suffering third-degree burns over half his body, years of rehabilitation, excruciatingly painful skin grafts, he says this event, after which he made all his biggest business plays, had no impact whatsoever on the trajectory of his life.

Whether due to all this grist, or the aligning of the political planets (in)auspiciously, the pilot came unnervingly easily. Getting names in a script to feel real can be hard for me – they’re a tell-tale sign of whether I’m living inside it. Kendall, Shiv, Roman, Connor. They all felt right straight off the bat. Their inspirations, I suppose, were the children of these magnates: three of the Maxwell kids, the ones closest to the business (the boys, Ian and Kevin) and to their father (Ghislaine). Brent and Shari Redstone, with whom Sumner played a tough and complicated game of bait-and-switch over CBS-Paramount succession. And the Murdoch children, Prudence, Lachlan, James, Elisabeth, Chloe and Grace.

But getting those names for the Roy children made them feel like their own individuals to me. It allowed me to pour in just what I wanted from the real world, fill each with all the faults they might have inherited, while giving me room to add some extra, just for them.

Greg and Tom came fast, too. Tom from two roots. One was thinking about the sort of lunks I’ve occasionally seen powerful women choose as partners. Plausible, manly men with big watches and a soothing affable manner. That mixed with the deadly courtier, a more 18th-century figure, minutely attuned to shifts in power and influence, an invisible deadly gas that occurs in certain confined places and rises to kill anyone unwise enough not to take precautions. A hanger-on sustained by some Fitzgeraldian illusions about the world, a sense that perhaps the rich really are different from us and a romantic ambition to make it in New York City.

Greg, I guess, was a distant relative of the sort of political adviser I had myself briefly been. Gormless, clueless, out of place and gauche. But not without an eye for a deal. And, I hope, a little more wheedling and insinuating than I ever was.

The scenes flowed. I put all research aside and followed my nose and wrote pretty much exactly what I wanted

The charge between these two semi-outsiders struck me from the start as toxic and comic. Tom, the interloper, is like an organism that has found a precarious but rewarding perch above some deep oceanic vent and adapted itself to conditions perfectly. He is not pleased at all to see a similar creature scuttling along hoping to share the same cramped evolutionary niche. That first half-bullying, half-provocative exchange they share in the outfield at a softball game in the pilot landed them right in the middle of a stew they’ve been cooking in ever since.

The scenes flowed. I had eaten a very large amount of research, but once I was writing I put it all aside and followed my nose and wrote pretty much exactly what I wanted. It felt funny but odd and broken-ended, fragmentary, abrupt, oblique and slightly brutal. When I emailed it off, I had the familiar feeling that Adam, Frank and HBO might email back to say not only was it not good, it wasn’t even actually, technically, a script. But their response was frighteningly positive. Almost as though the script was finished, after what was, I thought, a quick first draft. I think every other episode of Succession has gone to at least 30 drafts – usually 50. The pilot barely hit 15.

We had our read-through in New York on US election day 2016. Before we started, I made the sort of joke lots of people made that day, assuming the polls were right and Hillary Clinton was going to squeeze it. That night we gathered in Adam McKay’s apartment to watch the results roll in. Much later, I walked a long walk back from Soho to where I was staying near the United Nations looking at the electoral college numbers projected on to the Empire State Building.

We started filming the next day.

I still wonder whether Succession would have landed in the same way without the mad bum-rush of news and sensation Trump’s chaotic presidency provided. Trump wasn’t the firebombing of German civilians, and nor is Succession Slaughterhouse-Five, but I do sometimes think about Vonnegut saying no one in the world profited from the firebombing of Dresden, except himself.

This is an edited extract from Succession: The Complete Scripts – Seasons One, Two and Three (Faber & Faber), out now at £20 each. To support the Guardian and Observer, order your copies for £17.60 each from guardianbookshop.com.

The final episode of Succession airs in the UK on Sky Atlantic/Now on Monday. Jesse Armstrong donated the fee for this article to the Writers Guild of America strike assistance fund.


News

LIV Golf announces new pay-per-view option - 26th May 2023


"The hope for LIV is to grow off the success first seen on YouTube in 2022, where the league attracted tournament audiences of several hundred-thousand views in the U.S. and abroad."

Going forward, LIV Golf Series events will be available via a pay-per-view option on YouTube.

The new deal was detailed by James Colgan of Golf.com.

“Less than six months after signing a media rights agreement with the CW, LIV announced Friday that it has created a new, pay-per-view broadcast option to run on YouTube,” Colgan reported. “The PPV broadcast will cost $3 per tournament day, LIV said in a release announcing the decision, and will run in addition to the league’s agreement with the CW.”

Colgan also detailed that “A LIV source indicated that the CW is aware of the decision to introduce a pay-per-view model, and that the decision does not violate any of the league’s preexisting broadcast agreements.”

“The hope for LIV is to grow off the success first seen on YouTube in 2022, where the league attracted tournament audiences of several hundred-thousand views in the U.S. and abroad. The league already has its own direct-to-consumer subscription platform, LIV Golf Plus, which the PPV channel will run counter to. LIV broadcasts will continue to be streamed for free on the CW app.”

This announcement comes less than two weeks after a rather embarrassing moment for the tour. One week before LIV’s Brooks Koepka triumphed at the PGA Championship, the Saudi-backed golf series was in Tulsa.

On one hand, it was a perfect showcase event for LIV. Two of its most high-profile players, Dustin Johnson and Cam Smith, went to a three-way playoff (along with Branden Grace). But most of the people watching did not get to see Johnson’s eventual triumph.

The CW, the league’s primary broadcast partner, went away from coverage in the vast majority of its markets, showing “regularly scheduled programming.” Jim Nantz was quick to make a joke at LIV’s expense on the matter at the PGA Championship. The CW also announced a change, saying that all events will be shown to their conclusions going forward.

[Golf.com]



News

WWE Night Of Champions Reportedly Earned Highest Viewership Of Any Saudi Arabia Show - 31st May 2023

According to a report from Fightful Select, Saturday's Night of Champions PLE scored WWE the highest viewership out of any of the company's Saudi Arabia events since the partnership between the two began in 2013. The report states that Night of Champions brought in an 18% increase in viewership compared to last year's Crown Jewel event, and the company is reportedly quite happy with its holiday weekend results.

Night of Champions was headlined by Kevin Owens and Sami Zayn successfully defending the Undisputed WWE Tag Team Championship against Roman Reigns and Solo Sikoa of The Bloodline, with a major angle taking place on the show that saw The Usos turn on Reigns after more than a year of build-up and tension.This marks the second time a tag team match has served as the main event of a major WWE show in recent months. Additional matches on the show included Seth Rollins vs. AJ Styles to decide the first WWE World Heavyweight Champion, a singles match between Becky Lynch and Trish Stratus, and a Backlash rematch pitting Brock Lesnar against Cody Rhodes, among others.

To date, WWE has held nine PPVs and PLEs in Saudi Arabia, along with three house shows. Back in 2019, WWE announced that they had "expanded their partnership" with Saudi Arabia, and that they would be hosting two major events per year in the Middle Eastern nation through at least 2027. Though it hasn't been announced yet, WWE will likely return to Saudi Arabia for another Crown Jewel event later this year.


News

Pat McAfee Comments On Empty Seats At AEW Double Or Nothing - 31st May 2023

All Elite Wrestling's Double or Nothing pay-per-view took place this past weekend at the T-Mobile Arena in Las Vegas, Nevada. During the event, Wrestlenomics' Brandon Thurston tweeted images of empty seats inside the venue. Wrestling Observer's Bryan Alvarez also posted a photo from his ringside position, which showed many unoccupied places behind Orange Cassidy after he retained the AEW International Championship in a Blackjack Battle Royal. Former "WWE SmackDown" commentator Pat McAfee has weighed in with his thoughts. 

"Anytime you get a shot away from hard cam, you know what I mean, you can really see a lot of things," McAfee said on "The Pat McAfee Show." "AEW found out this weekend or whatever at one of their events, it's like three quarters of an arena completely empty. They don't want that photo out anywhere."

Ahead of the pay-per-view going live on Sunday night, WrestleTix revealed 10,229 tickets had been distributed for an 11,641 setup inside the T-Mobile Arena, leaving 1,412 tickets available. An Anarchy in the Arena match headlined the show, with Blackpool Combat Club's Bryan Danielson, Jon Moxley, reigning ROH World Champion Claudio Castagnoli, and Wheeler Yuta picking up the win in that bout against The Elite's Kenny Omega, Matt Jackson, Nick Jackson, and "Hangman" Adam Page. 

AEW's next major standalone show, All In, which will take place on August 27 at Wembley Stadium in London, England, has currently sold over 65,000 tickets and has a gate of over $8 million. No matches have been announced for AEW's first event across the pond as of this writing. Ticket sales for All In have slowed following an initial surge. 


News

WWE-UFC merged company to be called ‘TKO Group Holdings’ - 16th May 2023


A name has emerged for the group. 

Coming out of WrestleMania, it was announced by Endeavor that an agreement had been reached with WWE and the company would be merging with UFC to form a new sports and entertainment company. 

The deal has not been formally finalized but a name for the merged group has been revealed. CNBC’s Alex Sherman and Mike Calia published a story and an Endeavor spokesperson confirmed to the outlet that the new group is going to be called ‘TKO Group Holdings’. 

It will trade under the New York Stock Exchange as ‘TKO’. 

The merger between WWE and UFC is being valued at $20 billion. Endeavor CEO Ari Emanuel will be the CEO of TKO Group and Vince McMahon is going to serve as Executive Chairman.


News

Nick Khan Says WWE In Talks With International Cities For 2024 PLEs


It sounds as though WWE will continue expanding its PLEs into international markets next year. Speaking at the JP Morgan Global Technology, Media & Communications Conference, WWE CEO Nick Khan stated that the company was discussing the potential for additional overseas shows in 2024.

"We're in conversations now with a lot of international cities about doing 2024 shows there," Khan said. "Also, part of the intent is to match those up with our media rights, even if they're not up to over-deliver for incumbent partners who can then invite their partners in the international city to the event, and host them. It's good for our overall business." Khan's comments came as part of a conversation about countries offering subsidies to WWE for bringing shows there, as the company brings a great deal of revenue to the city for major events. Khan cited recent events in Puerto Rico as well as the Dallas, Texas area as examples.

Previous rumors pointed toward Australia as a potential location for a future international WWE PLE. However, it's unknown if negotiations with the country have progressed in the months since.

WWE has steadily ramped up its major international shows over the last five years, with the company holding several yearly events in Saudi Arabia, as well as last year's Clash at the Castle and the upcoming Money in the Bank both being held in the United Kingdom. It seems fans around the world should stay on the lookout for upcoming announcements regarding WWE's international schedule in 2024.


News

“We Let People Go”: Months After $21.4 Billion UFC-WWE Deal, Endeavor CEO Recalls “Horrible” Time for Organization - 2nd June 2023


The year 2020 brought unprecedented challenges for individuals and organizations alike, and the UFC was no exception. The promotional frontman Dana White has reflected on those uncertain times and shared the struggles the organization faced in keeping things going. Despite the pandemic, White was determined to keep the show running and provide entertainment for fight fans worldwide. While the rest of the world was shut down, the UFC managed to organize consistent events, albeit on a smaller scale. However, this arduous journey was not without its fair share of hardships.

Ari Emanuel, the CEO of Endeavor, the parent company of the UFC and William Morris Endeavor talent agency, revealed the significant challenges they encountered during the COVID-19 pandemic. Even though Endeavor recently secured a massive $21.4 billion deal to acquire the WWE, during the COVID-19 days, the company found itself at rock bottom struggling to stay afloat.

When Covid-19 posed a threat to the UFC

In an interview on the “Freakonomics Radio” podcast, Emanuel shared how the pandemic affected the company financially. During the interview, podcast host Stephen Dubner asked Emanuel, “Did you think COVID might kill Endeavor?”. Reflecting on this, the 62-year-old CEO replied, “It was bad,” He continued, “I’d never had to fire that many people.”

Emanuel mentioned that the continuation of UFC fights during the pandemic played a crucial role in saving the company, accounting for approximately 70% of their revenue that year. Further talking about the struggles to keep the organization alive during the pandemic, the Endeavor CEO stated, “We had our ESPN deal. We then started making deals for writers. So we stored all the cash. We didn’t let anything out. We let people go, which was horrible, or furloughed them.”

Through the storm, Endeavor’s leadership team, led by Emanuel, proved to be the lighthouse that guided them to safer shores. The UFC’s resilience and the implementation of innovative strategies, such as the ‘Fight Island’ events, not only salvaged the company but also became a beacon of hope for other professional sports leagues.


News

“Very, Very Easy for Jon Jones”: Ex-UFC Star Ruthlessly Shuts Down Tyson Fury Days After Boxer’s Callout of UFC Champ in Ugly Public Feud - 1st June 2023


The claim made by Joe Rogan that Tyson Fury would stand no chance against Jon Jones has sparked an intense and never-ending debate. Recently, another prominent figure from the UFC, the world of mixed martial arts, has jumped into this heated discussion. However, ‘The Gypsy King’ himself strongly opposed the take of the UFC commentator and didn’t hold back in expressing his views. In fact, he went as far as bashing Rogan and proudly proclaimed himself to be ‘the baddest man on the planet’.

As the back and forth continued between Fury and Rogan, UFC president Dana White has stepped in, proposing a potential fight between Fury and Jones. However, the WBC heavyweight champion firmly refused to step into the octagon, dismissing the idea altogether. This decision faced an immediate backlash from fans who had eagerly anticipated the materialization of this debate inside the fighting arena.

Despite the disappointment felt by fans, it becomes evident that the 34-year-old boxer has no intention of venturing into the octagon. On the contrary, a former UFC welterweight challenger believes that Fury would fare well in the realm of mixed martial arts. However, he warns that there may be unforeseen challenges along the way.

Tyson Fury will have a Jon Jones threat in MMA

During a recent interview, the former UFC fighter Dan Hardy shared his reflections on the latest happenings in the combat sports world, ranging from boxing to MMA. However, it was the Tyson Fury-Jon Jones debate that took center stage.

The 41-year-old Hardy began by heaping praise on ‘The Gypsy King’ for his potential in MMA, stating, “Tyson Fury doesn’t come from a boxing background. He comes from a fighting man background. Tyson Fury sees himself as a fighter first that boxes, and I think he looks at mixed martial arts and sees lots of ways he can capitalize on the changing of the rules.”

Continuing his analysis, Hardy mentioned Fury’s collaboration with Tom Aspinall and how he has showcased proficient elbows and knees in the videos shared with him. ‘The Outlaw’ confidently stated, “I feel like Tyson Fury would be really good if he crossed over to mixed martial arts. Of course, there’d be a lot for him to learn. The main issue would be, he’d be very, very easy for Jon Jones to take down. And I think that’s something that Tyson has not experienced and has not and has not really quite comprehended.”

Meanwhile, Jon Jones recently made a strong statement in his heavyweight debut, securing a first-round victory against Ciryl Gane at UFC 285 after returning from a three-year-long hiatus.

This certainly explains Dan Hardy’s warning to Tyson Fury. How do you think ‘The Gypsy King’ would fare in MMA? 


News

Dwayne Johnson to Return as Luke Hobbs in New ‘Fast and Furious’ Standalone Film - 7th June 2023


Dwayne Johnson is returning to the “Fast and Furious” universe with a new standalone film, reprising his franchise role as Luke Hobbs.

Universal Pictures announced the project on Thursday. Longtime “Fast and Furious” collaborator Chris Morgan wrote the untitled film’s script. Plot details were not available, though individuals familiar with the deal said the new movie will bridge between the events of the just-released “Fast X” and the upcoming “Fast X: Part II,” which is expected in 2025. Johnson just appeared as Hobbs, a diplomatic security service agent, in a credits scene for “Fast X.”

Johnson will produce the film with Dany Garcia and Hiram Garcia for their Seven Bucks Productions, along with Vin Diesel and Samantha Vincent via their One Race Films. Additional producers include Chris Morgan for his Chris Morgan Productions, Jeff Kirschenbaum for Roth/Kirschenbaum Films and Neal Moritz for Original Film.

Screenwriter Morgan wrote and produced “Fast and Furious Presents: Hobbs & Shaw” and “The Fate of the Furious.” He’s also scripted and executive produced the fifth, sixth and seventh entries in the franchise. Directed by Louis Leterrier, “Fast X” opened at No. 1 around the world in May with $320 million and became the second-biggest global opening of 2023.

Johnson announced Hobbs’ return with a video posted to social media with the caption: “Your reactions around the world to Hobbs’ return in ‘Fast X’ have blown us away. The next ‘Fast & Furious’ film you’ll see the legendary lawman in will be the Hobbs movie that will serve as a fresh, new chapter & set up for ‘Fast X: Part II.'”

“Last summer Vin Diesel and I put all the past behind us,” Johnson added. “We’ll lead with brotherhood and resolve – and always take care of the franchise, characters & fans that we love. I’ve built my career on an ‘audience first’ mentality and that will always serve as my north star.”

Johnson is repped by WME, lawyers Gang, Tyre, Ramer, Brown & Passman, Inc. and The Lede Company.

Seven Bucks has co-produced films like Disney’s “Jungle Cruise” and the DC Studios entires “Black Adam” and “DC League of Super-Pets.” Original series include NBC’s “Young Rock” and “The Titan Games.” Johnson will next produce and star in “Red One” at Amazon Studios and Disney’s live-action “Moana.”


News

13 States Comment On Possibility Of Allowing Gambling On WWE Matches


In March 2023, CNBC reported that WWE was working toward legalizing gambling on wrestling matches, enlisting the services of accounting firm Ernst & Young, with Michigan, Colorado, and Indiana mentioned as the initial targets. As of now, betting on WWE matches is only available at offshore sportsbooks like BetOnline.ag, based out of Antigua, and Bovada, based out of Latvia. Betting on matches in America would open up new streams of revenue for WWE and add some mainstream legitimacy to the sports entertainment powerhouse.

Since that report broke, however, it's been nothing bad news for WWE in the gambling department. Dave Meltzer has reported that WWE's efforts aren't going well — Colorado denied talking to WWE and said that "By statute, wagers on events with fixed or predicted outcomes ... are strictly prohibited in Colorado." Indiana told Casino.org that it had "no interest in approving wagering on scripted events," and Michigan also denied any recent talks with WWE, while New Hampshire Lottery Commission executive director Charlie McIntyre deemed it "very unlikely" betting on WWE gets approved in New Hampshire.

In light of this, Wrestling Inc. reached out to multiple states about the possibility of legalized betting on WWE matches. Each gambling commission was asked 1) how likely WWE would be to succeed if they pitched gambling on matches to them, and 2) if there were any regulations, laws, or statutes that barred betting on something with predetermined outcomes. 13 states -– Arizona, Connecticut, Iowa, Maine, Maryland, Massachusetts, Montana, New Jersey, New Mexico, Ohio, Oregon, South Dakota, and Washington -– responded. While their responses varied slightly, overall, they paint a picture of increasingly fewer opportunities, and increasingly more obstacles, for legal gambling on WWE matches to get approved.

At least three states say they wouldn't allow gambling on WWE as a matter of policy, even if there are no explicit laws against it.

Kerry Hemphill, Manager of Sports Betting Product at the Oregon Lottery, made it clear that gambling on WWE wouldn't be allowed as a matter of policy in the Beaver State: "Although there is no law or statute that forbids it, Oregon Lottery sports betting policy is to not accept wagers on scripted events with predicted outcomes."

Seth Elkin, Assistant Director of Communications for Public Affairs for Maryland Lottery and Gaming, also told us his state had made a determination on the matter. "Maryland's sports wagering law and regulations prohibit forms of wagering that are contrary to public policy or unfair to bettors," he said. "We've determined that it is unfair to bettors, and therefore not in the public's interest, to accept wagers on sports entertainment events that have predetermined outcomes, like professional wrestling."

Meanwhile, a representative from the South Dakota Department of Revenue simply said, "WWE wrestling matches would not be eligible for sports wagering in South Dakota."

Iowa and Ohio say no to betting on predetermined events


Two more states said that predetermined events weren't permitted, but made a point to highlight policy and procedure. Brian J. Ohorilko, Administrator of the Iowa Racing and Gaming Commission, also shot down gambling on wrestling for the time being.

"Predetermined events are not permitted in the State of Iowa," he told Wrestling Inc. "Iowa law defines and permits professional sporting events and sports-related events; however, fixed or predetermined outcomes are not explicitly permitted. As such, and for other integrity concerns, the commission has not permitted predetermined events in any of the approved wagering markets."

Ohorilko also brought up the process that would be required for any kind of legalization: "From a practical standpoint, any request would need to come with a legal opinion as to how this would be permitted under Iowa law," he said. "It would need to go through legal review with consultation from the AG office. If legal review passes, the commission would still need to review policy and integrity concerns with respect to the activity having predetermined outcomes. Approval would be needed before this type of wagering activity could take place."

Ohio tells a similar story. Jessica Franks, Director of Communications for the Ohio Casino Control Commission, pointed us towards Rule 3775-11-01 of the Ohio Administrative Code — the process for adding to Ohio's catalog of wagers and events. She said the Commission's review of such requests includes, but is not limited to, the following criteria:

The quality of the governing body's documented integrity program.

The general availability of information related to the governing body.

The professional or skill level status of athletes.

The history of integrity related to events sanctioned by the governing body.

This already puts the WWE in shaky territory, but it's seemingly locked out for good with the following consideration: "Please note that the Commission will not approve requests for wagers/events involving 'Events which are pre-recorded or in which the outcome has been otherwise previously determined.'"

Arizona and Connecticut have laws against betting on fixed outcomes

At least two states have laws in place that would ban gambling on WWE matches.

Max Hartgraves, Public Information Officer at the Arizona Department of Gaming, provided a straightforward statement: "Arizona statute prohibits gambling on fixed events."

Meanwhile, when asked how likely WWE would be to garner approval for gambling on matches, Kaitlyn Krasselt, Communications Director at Connecticut Department of Consumer Protections, said "I cannot speculate on that." That said, she did inform Wrestling Inc. about state regulations on gambling: "Connecticut law only allows wagering on sporting or athletic events. WWE is sports entertainment. The 'matches' are predetermined by the company and are scripted. There is no regulation body for professional wrestling, and WWE is one of several companies that offers this type of entertainment. With a predetermined outcome, this would not be considered a sport. It is considered entertainment. Wagering on the Oscars, for example, is also not permitted in Connecticut."

That last part is significant, since CNBC's report mentioned that WWE executives were using Oscar betting as an example for regulators.

Maine and Montana agree with most of their colleagues

Two states specifically cited the statements from Colorado, Indiana, Michigan, and New Hampshire in their responses. After hearing that four other states had expressed skepticism over betting on WWE, Maine Gambling Control Unit Executive Director Milton Champion said, "On the surface, without looking into the matter, I would concur with my colleagues. Operators will submit with their application events that they want to take wagers on, and I shall approve them."

Daniel Iverson, Content Manager for the Montana Lottery, said something similar. "Montana does not intend to add WWE markets, for the same reasons our counterparts cited," he advised, before directing any questions on state law to the Montana Department of Justice Gambling Control Division.

New Jersey and Massachusetts punted, for now

Two states we contacted declined to comment on the matter, not wanting to address issues that haven't come before them yet. Thomas Mills, Communications Division Chief of the Massachusetts Gaming Commission, said, "I appreciate your question, but am unable to speculate on a hypothetical action the Commission may or may not take."

Dan Prochilo, Public Information Officer at the New Jersey Attorney General's Office, responded that "The Division of Gaming Enforcement (DGE) cannot comment on any hypothetical discussion with an operator or league about future sports betting opportunities." He added that "In New Jersey, an entity seeking permission for a contest to be authorized for wagering on a sports event is required to submit its proposal to DGE for evaluation and approval pursuant to state law and regulations."

Prochilo also provided the state's legal definition of a "sports event" for the purposes of gambling. Notably, it includes the phrase "A 'sports event' shall include any live competition or talent contest, including awards competitions[.]"

New Jersey and Massachusetts are two of the only states that allow betting on the Oscars, with New Jersey okaying it in 2019 (the first state to do so) and Massachusetts greenlighting it in 2023. It's unknown if WWE will approach either state or how each state would respond, but at bare minimum, WWE's argument to treat wrestling like the Oscars for betting purposes might carry some weight.

Washington and New Mexico illustrate the challenges of Tribal gaming

Washington is unique among the states who responded to us, in that sports wagering is only available on Tribal lands yet still regulated by the state. Sports wagering was legalized, subject to terms of Tribal/State Compacts, on Tribal lands in 2020. All wagering, even online betting, must take place on Tribal lands, and each casino decides bets within certain limitations. The Angel of the Winds Casino and Resort and the ilani Casino Resort, for example, don't 100% overlap on sports offered for betting.

But WWE, or any wrestling, won't be joining those offering under current rules and regulations. Dan Wegenast, Agent In Charge for the Tribal Gaming Unit of the Washington State Gambling Commission, pointed Wrestling Inc. towards the Tribal/State Compacts for sports wagering. He also stated that "Washington State law and the Tribal/State Compacts for sports wagering ... prohibit wagers on events with known outcomes."

To further illustrate the complications of garnering approval for gaming on Tribal lands, a representative from the New Mexican Gaming Control Board told Wrestling Inc. that sports betting is illegal in their state, but legal with some Tribes. That said, New Mexico does not regulate Tribal gaming, meaning that approval would likely have to be worked out with each Tribe individually.

There are other obstacles, too

It's worth noting that gambling laws are constantly changing. Many states without gambling –- such as North Carolina -– have spent years hammering out legislation that would approve gambling off Tribal lands. Additionally, for states with legalized gambling, internal policies are not inherently laws, and can be subject to change under the right circumstances.

That said, even if WWE manages to get gambling on matches approved anywhere, that's only one part of the battle: They still need casinos and/or sportsbooks to be willing to accept wagers at all, and there's resistance in this field, as well, as demonstrated in subsequent coverage from CNBC. FanDuel deems it unlikely that they'd ever accept bets on WWE, noting that the Academy Awards –- which held once per year -– are vastly different than dealing with WWE's weekly programming. Additionally, when BetCEO Adam Greenblatt was asked if he had any interesting in accepting bets on WWE, he responded "NFW."

Between the overwhelming majority opinions of the 13 states who responded to Wrestling Inc., the states that have already responded, and the reluctance of sportsbooks to include anything that looks less than credible, WWE faces an increasingly uphill battle if they want to make betting on wrestling matches legal anywhere in the United States.


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