December 28, 2014 2:45 PM ET

Media

Company Overview of Australian Broadcasting Corporation

Company Overview

Australian Broadcasting Corporation provides national television, radio, and digital media services to the broadcasting industry in Australia. It operates ABC1, ABC2, ABC4Kids, and ABC3 television channels, which broadcast television content that informs, entertains, and educates Australian audience; ABC News 24, a news television network; and iview, an online catch-up television service. The company’s radio networks include ABC Local Radio, triple j, ABC Radio National, ABC Classic FM, ABC NewsRadio, ABC digital radio, and ABC Open, as well as Double J, ABC Jazz, ABC Country, ABC Grandstand, and ABC Extra digital radio stations. It is also involved in the publishing and licensing of magazin...

ABC Ultimo Centre

700 Harris Street

Ultimo, NSW 2007

Australia

Founded in 1932

4,679 Employees

Phone:

61 2 8333 1500

Fax:

61 2 8333 5344

Key Executives for Australian Broadcasting Corporation

Managing Director and Director
Chief Operating Officer and Chief Financial Officer
Chief Executive Officer of ABC International
Age: 54
Acting Director of People and Head of Editorial Policies
Head of Research and Marketing
Compensation as of Fiscal Year 2014.

Australian Broadcasting Corporation Key Developments

Australian Broadcasting To Sell Site In Adelaide's Collinswood Suburb

Australian Broadcasting Corporation is looking to sell its South Australia headquarters site in Adelaide's Collinswood suburb. Australian Broadcasting announced on November 24, 2014, that it will close its South Australian television studios at the purpose-built building. Guy Bennett, Director of capital markets at Knight Frank, said a listing had been "doing the rumour mill, and it would probably make sense".

Australian Broadcasting Corporation to Cut 400 Jobs

More than 400 jobs could be lost at the Australian Broadcasting Corporation, after the government cut funding. The company's budget would be cut by AUD 254 million over the next five years, prompting thousands to protest in Sydney and Melbourne on the weekend. ABC said the cuts meant hundreds of jobs could be lost, while television sports broadcasts would be scaled back. ABC would also review its property holdings, with one Sydney site to be sold while an Adelaide television production studio and five regional radio stations face closure. Foreign bureaux will be restructured and a new Beirut post opened.

Australian Broadcasting To Not To Go Ahead With Its China Expansion Plans

Australian Broadcasting Corporation (ABC) is planning not to go ahead with its plans to expand in China. Australian Broadcasting Corporation may be forced to scale back its expansion plans in China in the face of government funding cuts. Jim Spigelman, Chairman of Australian Broadcasting Corporation said that the national broadcaster didn't expect to be targeted by Prime Minister Tony Abbott's cost-cutting drive, it would not be exempt. Jim said, "One of the things we would have liked to have done is to expand and open up in Shanghai as well [as Beijing], but that's the kind of thing that might go on the backburner. I have no reason to believe that we're facing major cuts. The ABC is a gift of the government [to the public] and the government determines how expensive the present will be." Spigelman said he and Mark Scott, Managing Director of Australian Broadcasting would hold talks with the Chinese government this week to push the ABC's case for so-called "landing rights" but it was a "big ask".

Similar Private Companies By Industry

Company Name Region
GPJ DesignTroupe Asia
Australian Billboard Company Pty. Ltd. Asia
Spectrum Communications Group Asia
Quokka Press Asia
The South Eastern Times Asia

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Australian Broadcasting Corporation, please visit www.abc.net.au/corp. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.