Had a check on the ASX archives and the deal with Meta (Facebook) was for 3 years and the Alphabet (Google) deal was for 5 years from 2021 meaning the Google revenue stream isn't at all under threat. https://sevenwestmedia.com.au/assets/pdfs/Seven-West-Media-signs-Google-and-Facebook-agreements.pdf
In fact the launch of The Nightly (the new free digital only newspaper which is targeting east coast readers of publications like the Financial Review and the Australian) was specifically designed with the cooperation of Google Engineers and will be part of the expansion of the News Media Bargaining Code income for SWM from Google . https://www.copyright link/companies/media-and-marketing/the-three-billionaires-backing-kerry-stokes-new-free-newspaper-20240220-p5f6gu
Google has also publicly recommitted to the News Media Bargaining Code and has already begun renegotiation talks with other publishers who's deals are closer to expiry. https://www.mediaweek.com.au/google-confirms-commitment-to-media-code-laws-after-meta-exits/
- Forums
- ASX - By Stock
- Why SWM is worth more than $1.50 per share
Had a check on the ASX archives and the deal with Meta...
-
-
- There are more pages in this discussion • 249 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SWM (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $269.3M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $122.8K | 699.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 245047 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 465965 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 245047 | 0.175 |
8 | 364588 | 0.170 |
8 | 1163615 | 0.165 |
9 | 443088 | 0.160 |
3 | 179400 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 465965 | 11 |
0.185 | 555404 | 7 |
0.190 | 423000 | 4 |
0.195 | 94804 | 4 |
0.200 | 142781 | 9 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
Featured News
SWM (ASX) Chart |