Media Wrap: REA v REDMS intensifies | Ten looks beyond Masterchef | The Australian continues 50th celebrations...

By AdNews | 14 July 2014

REA v REDMS intensifies
The REA Group is refusing to negotiate with the more than 400 Victorian real estate agents who formed the group Real Estate Digital Marketing Services (REDMS), The Australian Financial Review reports. REA, the group which owns realestate.com.au, is not willing to negotiate with REDMS on advertising rates and has no intention to do so.

Ten looks beyond Masterchef
Despite Network Ten's Masterchef still appearing on TV screens the network is already putting in place a plan for once the show ends, The AFR reports. Network Ten chief programming officer Beverley McGarvey says the free-to-air broadcaster will likely suffer a hit to ratings in some time-slots once flagship cooking program concludes.

ICC coming to Australia?
Also in The AFR there is speculation that Nine Entertainment Co has signed an agreement to bring the International Champions Cup to Australia, which would see football clubs such as Manchester United, Real Madrid and AC Milan play locally.

The Australian continues 50th celebrations
In the lead up to its 50th birthday, The Australian has taken a lengthy look back at its history featuring editor-in-chief of the paper Chris Mitchell.

ABC cuts Radio Australia jobs
The ABC will confirm a raft of job cuts today, with Radio Australia’s services the first department to experience cuts, The Australian reports. A management proposal for a new “converged service” for its international broadcasting outlets will be outlined to staff today.

What exactly is the cost of a tell all interview? The Australian's Media Diary reports that Ian Thorpe's tell all interview which aired last night on Network Ten had an initial asking price of around $1 million dollars. However, according to The Australian the deal struck with Network Ten included Thorpe’s role as a commentator at the Commonwealth Games, with the former Olympian being paid about $400,000.

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