Today V8 Supercars announced a six-year, $241 million media deal with Foxtel, FOX SPORTS and Ten Network for all media rights including digital from 2015 to 2020, consisting of $196 million cash and $45 million of advertising.
US media and entertainment company CBS Corporation has announced it will acquire Network Ten.
The emerging crisis around local content results from repeated inaction by government to develop 21st century policy frameworks, write University of the Sunshine Coast's Anna Potter and Queensland University of Technology's Amanda Lotz. Here, they recommend three ways government can encourage local production and break the policy inertia