Fairfax Shares Rise During Bidding War

Fairfax’ shares have risen by 6.9 per-cent, taking them to a six-year high, after receiving competing bids for the company. The competing bids come from Australian telecommunications company TPG and US private equity company Hellman & Friedman. Hellman & Friedman are an established media investment company located in both New York City and San Francisco.…

Virtual Reality, a show-stopper for Sexpo

This year’s Sex Expo, better known as Sexpo is on again this weekend. Offering an array of sexual, lifestyle and health related entertainment and products, the Perth Convention and Exhibition Centre has come to life this weekend. Some of this year’s headlining acts include adult stars like Jesser Rhodes and Miss Universe Nude 2015. Bentleigh…

Labor’s Penny Wong slams Government’s race-hate speech

Labor Senator Penny Wong has compared the Turnbull government to a “gang of orcs” as changes to race-hate speech laws were debated in parliament today. Senator Wong invoked the J.R.R Tolkien’s Lord of the Rings series in describing how changes to the Racial Discrimination Act will strengthen protections for free speech and against racial vilification.…

Delayed Airport Rail Plan Angers Opposition

The Labor Party has questioned the Barnett Government’s ability to deliver transport infrastructure after the Premier revealed possible changes to the airport rail route. It was one of the major election promises made by the Barnett Government during the state election campaign, but with their failing to reveal plans to the public it could now…

AFP Raided Channel 7’s Office

The Australian Federal Police has raided Channel 7’s office in a wake of rumors that the station has secured a 3 million dollar paid interview with Schapelle Corby. The AFP has executed the search warrants, with 30 police officers and 8 patrol cars participated in the raid according to the Seven network. In a media statement,…

Protesters protest outside TVB’s HQ

TVB celebrated its 46th Anniversary yesterday. Unfortunately, the recent TV licensing saga has rather overshadowed the anniversary. As we reported yesterday, a group of internet users have called for a ‘wander’ near the TVB headquarters in the evening, showing their discontent towards TVB’s ever-decreasing show quality. It turned out to be more than just ‘wandering’.…

No licence for Ricky Wong’s HKTV

After 4 years of both public consulting and internal discussion and approval within the government, the Commerce and Economic Development Bureau (CEDB) released the results for the licensing for new TV channels. Unlike what the Hong Kong Government has previously promised before the whole public consulting began, it only issued 2 licenses to 2 companies,…

Volcano Red Alert in Alto Bio-Bio, Chile.

Copahue volcano activity in the Bio Bio Region, has maintained a technical Red Level and has kept the Red Alert for the community of Alto Biobío in place from May 27. The government has issued a precautionary evacuation for a 25 kilometer radius surrounding the Copahue Volcano. Army trucks are already in use to evacuate…