The Business Of Everything


The Business Of Everything

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition! Part II

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

"Wall Street Shuffle" (10cc)
"Poker Face" (Lady Gaga)
"Ruby Tuesday" (The Rolling Stones)
"Monday, Monday" (The Mamas & the Papas)
"I've Got Friday On My Mind" (The Easybeats)
"Hail to the Chief" (All The President's Men movie)
"Down Under" (Men at Work)
"Y.M.C.A" (Villiage People)
"Advance Australia Fair" National anthem of Australia (Peter Dodds McCormick)
"Great Southern Land" (Icehouse)
"Free Bird" (Lynyrd Skynyrd)
"Hell's Bells" (AC/DC)

WWE Night Of Champions: King And Queen Of The Ring. He or she who owns the gold makes the rules! Sami Zayn New WWE Champ: Wins Big In Riyadh, Saudi

Oba Femi Is WWE King Of The Ring

Road To WWE Saturday Night's Main Event (New York, MSG) July 18; Danhausen Is Poster Child of NYC!

It's good to be King Of Content; King Kyle Media Connection: One Nation Australia

WWE NXT Great American Bash: Fallout: The Don Retains Gold

Google Cloud Summit Takes Over Darling Harbour, Sydney, Australia; Google A.I Sports!

Hancock Prospecting and X Corp/SpaceX Big Favs Of Aussie's Down Under

Aussie Politics: Battle Of The Billionaires: Team Bulldozer: Pauline/Musk with Reinhart vs Team Albo. Who Will Survive? And New?

Aussie Media Karl Takes The Beef To Nine; One Nation Australia Pauline Extends Olive Branch

Aussie King Kyle Fan Of One Nation; Right Man, Right Placel Right On Time

Aussie Truth Tellers In And Around Media vs Corp Media Liars

Road To WWE SummerSlam: Roman Reigns vs Seth Rollins. Brock Lesnar vs Oba Femi - WWE Hell In A Cell! UFC Freedom 250: Fallout; Big Thumbs Up From Mostl: Road To UFC 329; WWE Night Of Champions: Sami Zayn Gets WWE Gold In Saudi: 20 years in the making!

Past, Present And Future

June 2026

June 30

Markets

ASX 200 futures up 3 points/0.03%: 8825

AUD -0.1% to US68.89¢

Bitcoin $59,943.88 +0.46%

Wall Street:
Dow +0.6%
S&P +1.2%
Nasdaq +2.1%

VIX -0.76 to 17.65
Gold -1.8% to $US4016.70 an ounce
Brent oil +1.1% to $US72.80 a barrel
Iron ore +0.1% to $US98.85 a ton

10-year yield:
US 4.37%
Australia 4.74%

News

Numbers Double Check

Australian Dollar: $0.6883 USD (down $0.0004 USD)
Iron Ore: $98.85 USD (up $0.35 USD)
Oil Price (West Texas): $70.48 USD (up $1.25 USD)
Gold Price: $4,016.54 USD (down $55.41 USD)
Copper Price: $6.1745 USD (down $0.0230 USD)
Dow Jones: 52,182.74 (up 306.63 points)

News (Australia)

ASX rises as ceasefire holds; Judo rebounds

The Australian sharemarket posted a solid gain on Monday, with the S&P/ASX 200 adding 0.7 per cent to close at 8,823.4 points. Local investors responded positively to indications that the US and Iran will again cease hostilities and resume negotiations. Fortescue rose 2.4 per cent to end the session at $19.52, WiseTech Global was up 7.2 per cent at $33.82 and 4DMedical advanced 10.3 per cent to finish at $4.59. However, AGL Energy was down 1.1 per cent at $8.33 and APA Group fell 5.2 per cent to $10.21. (RMS)

News

Oil stocks and Rinehart-backed miner tipped to rebound

Sharemarket investors' traditional end-of-financial-year tax-lossing selling has become more complicated in 2026 due to the federal government's capital gains tax changes. ETF Shares' chief investment officer David Tuckwell says Arafura Rare Earths could benefit from a rebound at the start of the new financial year, given that the stock has shed about 15 per cent so far in 2026. Hailey Kim from Wilson Asset Management in turn favours packaging group Amcor, while Hugh Dive from Atlas Funds Management says oil and gas producers Santos and Woodside Energy have been oversold in the wake of peace talks in the Middle East. (RMS)

Cryptos:

Bitcoin $59,867.34 -0.14%

Dogecoin: $0.07253 -0.79%

XRP: $1.0483 +0.05%

News

Media

Nine in rush to tie up Stefanovic's successor after being caught short

Nine Network insiders contend that there is no rush to appoint a permanent replacement for Karl Stefanovic as co-host of the 'Today' breakfast show. Nine will trial a number of potential replacements.

News

Media/Sports

NRL rights deal delivers blow to Stan

The Australian Rugby League Commission's chairman Peter V'landys has declined to comment on media reports which ha ve suggested that the NRL's next broadcasting rights deal will be worth about $700m a year. The reports claimed that incumbent broadcasters Foxtel and Nine Entertainment will pay around $500m and $150m a year respectively, while a New Zealand network will pay $50m to broadcast the Warriors' matches. This would value the seven-year deal at around $5bn, exceeding the AFL's current rights deal. Nine is expected to retain the rights to three NRL matches per week, as well as finals, the grand final and State of Origin matches; however, Nine had initially pushed for the rights to all NRL matches, including streaming rights via Stan Sport. (RMS)

News Lead Up

ASX snaps four-day loss; tech stocks bounce

The Australian sharemarket posted a small gain on Wednesday, with the S&P/ASX 200 adding 0.2 per cent to close at 8,808.4 points. WiseTech Global rose 14.3 per cent to $32.86, Tasmea was up 6.9 per cent at $9.65 and CSL finished 2.6 per cent higher at $114.99. However, Ora Banda Mining was down 5.3 per cent at $1.16, Beach Energy fell 8.5 per cent to $0.86 and KMD Brands finished 4.6 per cent lower at $0.062. (Media Man Peg-On): What goes up must come down. Tick Tock, as pro wrestler Killer Kross would say" Choke hold on the way for some! Does WiseTech need a Wise Man? G'day WWE's resident wise man, Paul Heyman. Fantasy booking in the Aussie and U.S markets!

News Lead Up (Australia)

Today show host Karl Stefanovic to leave Nine after Tommy Robinson podcast fallout

Nine Entertainment's senior executives held a series of crisis meetings yesterday to discuss the future of veteran TV personality Karl Stefanovic. The co-host of breakfast show Today has caused consternation within Nine's executive ranks since the launch of his self-titled podcast show, which is produced independently of Nine; however, while he was cleared to proceed with the podcast earlier in 2026, this week's interview with far-right British activist Tommy Robinson was deemed to have been inappropriate. Nine is believed to have decided to terminate Stefanovic's contract and will negotiate an exit deal, amid concerns that Today may face advertiser boycott in the wake of the Robinson interview. (Media Man Peg-On); Got to be more to this story. Truth tellers can upset and unsettle the establishment! Ex journo says and knows!!!!

News

Mining (Aust)

Iluka signs $220m rare earths deal

Perth-based Ilula Resources has secured its first offtake agreement for light and heavy rare earths to be produced at its Eneabba refinery in Western Australia. Iluka will supply neodymium, praseodymium, dysprosium and terbium to a "globally recognised" car maker. The offtake agreement is initially for 1,200 tonnes of the rare earth oxides over four years; it will account for about 10 per cent of Iluka's expected production at the Eneabba refinery over this period. Iluka will receive a minimum price for the rare earth oxides, although it has not disclosed this price or identified the customer. (RMS) (Media Man Peg-On): More good news for Australian mining hey Gina at Hancock Prospecting. Friendly comp and mining wars for greater good. One Nation!

News Lead Up (Aust/Int)

June 22

Wall St buys into News succession

The majority of the Murdoch family-owned News Corporation's value can be attributed to its 61 per cent stake in real estate classifieds company REA. For the last decade, its REA stake has accounted for an average of 65 per cent of News Corp's market value, but REA's share price has dropped 47 per cent from its 52-week high on 20 August last year, causing the value of News Corp's stake to fall by almost $10 billion. REA's decline means that the sharemarket is now ascribing value to the rest of the News Corp empire, with analysts most excited about its Dow Jones unit. It seems that the so-called Murdoch discount may be narrowing, but it "is alive and well", with the question being if the next generation of the family is "sufficiently motivated to get rid of it". (RMS). (Media Man Peg-One): The first generation makes it, the 2nd generation spends it, the 3rd generation loses it?!

Shares

TKO Holdings
$211.62
-1.97 -4.26%
*balls went softer overnight. Don't tell Brock Lesnar that!

Alphabet Inc Class A
$353.65
+16.26 +4.82%
After Hours

Netflix
$74.78
-0.030 -0.041%
After Hours

Paramount Skydance Corp
$9.70
+0.12 -1.22%
After Hours

News

Pop Culture

GTA VI Pre-Orders Launch Worldwide with Record Hype
The game launches November 19 on PS5 and Xbox Series X|S, with the standard edition at $79.99 and Ultimate Edition at $99.99 offering exclusive vehicles, weapons, and shops like tattoo parlors. Digital buyers get a free month of GTA+ and retro packs, while physical copies ship with download codes, drawing complaints from collectors. Early sales show PS5 leading Xbox 6-to-1, with unconfirmed reports of 39 million pre-orders and $3 billion in revenue, building on GTA V's 200 million copies sold. (Media Man Peg-On): The hype is real. Revved up for the mean streets of GTA.

News Lead Up (Aust)

News (Aust)

(ICYMI)

Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake

Gina Rinehart's Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in rocket and satellite company SpaceX. It represents Hancock Prospecting's biggest investment outside of iron ore, with Rinehart claiming that the Elon Musk-owned company is a further example of "why the world needs more enterprise, more builders and much less bureaucracy".

Hancock Prospecting's investment in SpaceX adds to a portfolio that includes stakes in Liontown Resources, Azure Minerals and Tesla. (RMS). (Media Man Peg-On): Let's Go Team Gina w Musk. To The Moon, Mars and Beyond! Fish 'N Chips Rocket Express! : ) Islands In The Stream! Aussie Barbarella meets Gold movie and Mission To Mars. The Galaxy is your Oyster. Take off down under in Australia maties! Time for a new captain in Canberra right Peter Gravy. Getting inside here ... Operation Golden Red Fish meets Rocket Man and Mrs Miner. Winning! Gonzo Truth News!

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a fun and friendly way. Road To The White House and beyond!

News

(ICYMI)

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

Hancock Prospecting wins 'Mining Co Of The Month' award; Runner-up: Rio Tinto

News

Netflix wins Media Man 'Streaming Service Of The Month' award; Runner-up: YouTube

Google wins Media Man 'Search Engine Of Month'

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

January and March

Streaming Wars

The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.

Key Strategies in 2026

Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore

Terry Steyner: Susannah York

Hurry Hirschfeld: Ray Milland

Manfred Steyner: Bradford Dillman

Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in

'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago

The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)

Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return Something I could have learned You're indestructible Always believin'

Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)
https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.
News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

WWE wins 'Wrestling Promotion Of the Month' award; Runner-up: Lucha Libre AAA Worldwide

Netflix wins Media Man 'Streaming Service Of The Month' award; Runner-up: YouTube

News

Pop Culture Dream Matches: Fantasy Booking

Media Man Series

Team Trump def Team Left
Dana White def Naysayers
Sydney Sweeney def critics
Pauline Hanson def critics
SpaceX def everyone
Brock Lesnar vs Oba Femi - WWE SummerSlam
Roman Reigns vs Seth Rollins - WWE SummerSlam
Mr NXT vs Mr AEW
Conor McGregor vs critics
Sten Lee (Marvel) vs DC Comics (Team Warner)
Mr Netflix vs Mr Paramount
Mr YouTube vs Mr Rumble
Mr Meta vs Mr Bluesky
Mr Crypto vs Mr NWO
Mr Toyota vs Mr Porsche
Mr Citizen Journalism vs Mr Newspaper Rag
Tony D'Angelo vs Mr EVIL - NXT (Great American Bash) - June 28
Seth Rollins vs Bron Breakker - WWE Night of Champions - June 27
WWE vs everyone - WWE Satuday Night's Main Event - July 18 - Madison Square Garden, NYC
Aussie Karl and Aussie Kyle vs Nine and Mainstream

Best Quotes

"I've never met a currency I didn't like" JBL

"What's your hustle" Paul Heyman

"I've never really been that good at cutting promos. That's why I've got Paul Heyman" Brock Lesnar

"Just in any job, if you want to get ahead, take shorter lunch breaks, be happy to stay later, do the work, and finish it off well" Gina Rinehart

"Everyone you meet knows something you don't" Fred Schebesta

"Free, truly independent" Karl Stefanovic

Media Man

 

 

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition! Part V

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

"Wall Street Shuffle" (10cc)
"Poker Face" (Lady Gaga)
"I've Got Friday On My Mind" (The Easybeats)
"Saturday Nights Are For Fighting" (Elon John)
"The South Swell" (Big Wednesday movie)
"Hail to the Chief" (All The President's Men movie)
"Down Under" (Men at Work)
"Y.M.C.A" (Villiage People)
"Advance Australia Fair" National anthem of Australia (Peter Dodds McCormick)
"Great Southern Land" (Icehouse)
"Free Bird" (Lynyrd Skynyrd)

Road To WWE Night Of Champions: King And Queen Of The Ring. He or she who owns the gold makes the rules!
It's good to be King Of Content; King Kyle Media Connection: One Nation Australia

Road to WWE NXT Great American Bash: The Don To Defend

Google Cloud Summit Takes Over Darling Harbour, Sydney, Australia; Google A.I Sports!

Hancock Prospecting and X Corp/SpaceX Big Favs Of Aussie's Down Under

Aussie Politics: Battle Of The Billionaires: Team Bulldozer: Pauline/Musk with Reinhart vs Team Albo. Who Will Survive? And New?

Aussie Media Karl Takes The Beef To Nine; One Nation Australia Pauline Extends Olive Branch

Aussie King Kyle Fan Of One Nation; Right Man, Right Placel Right On Time

Aussie Truth Tellers In And Around Media vs Corp Media Liars

UFC Freedom 250: Fallout; Big Thumbs Up From Mostl: Road To UFC Baku Fight Night This Weekend

Past, Present And Future

June 2026

June 27

Markets

ASX 200 futures are pointing up 16 points or 0.2 per cent to 8774.
All US prices near 5pm New York time.
AUD -0.2% to US68.96¢

Bitcoin $60,264.15 -0.32%

Wall St:
Dow -0.1%
S&P -0.1%
Nasdaq -0.2%

VIX -0.48 to 18.41
Gold +1.5% to $US4088.74 an ounce
Brent oil -3% to $US72.97 a barrel
Iron ore +1% to $US98.50 a ton

10-year yield:
US 4.37%
Australia 4.72%

Lead Up

June 26

Numbers Double Check

Australian Dollar: $0.6913 USD (up $0.0013 USD)
Iron Ore: $97.70 USD (down $0.95 USD)
Oil Price (West Texas): $71.44 USD (up $1.57 USD)
Gold Price: $4,027.07 USD (up $27.75 USD)
Copper Price: $6.0635 USD (up $0.0785 USD)
Dow Jones: 51,920.62 (up 71.72 points)

Cryptos:

Bitcoin $60,251.43 -0.30%
Dogecoin: $0.07561 +0.93%
XRP: $1.0598 +1.22%

News Lead Up (Aust)

Gold, oil stocks drag on ASX; Judo tumbles

The Australian sharemarket retreated on Thursday, with the S&P/ASX 200 shedding 0.7 per cent to close at 8,748.7 points. BHP was down 1.7 per cent at $58.52, Woodside Energy fell 2.9 per cent to $27.43 and Judo Capital finished 40.4 per cent lower at $0.915. However, Tourism Holdings Rentals rose 7.7 per cent to $2.25, Cochlear was up 2.7 per cent at $116.55 and EchoIQ added 30.2 per cent to end the session at $1.61. (RMS)

News Lead Up

ASX snaps four-day loss; tech stocks bounce

The Australian sharemarket posted a small gain on Wednesday, with the S&P/ASX 200 adding 0.2 per cent to close at 8,808.4 points. WiseTech Global rose 14.3 per cent to $32.86, Tasmea was up 6.9 per cent at $9.65 and CSL finished 2.6 per cent higher at $114.99. However, Ora Banda Mining was down 5.3 per cent at $1.16, Beach Energy fell 8.5 per cent to $0.86 and KMD Brands finished 4.6 per cent lower at $0.062. (Media Man Peg-On): What goes up must come down. Tick Tock, as pro wrestler Killer Kross would say" Choke hold on the way for some! Does WiseTech need a Wise Man? G'day WWE's resident wise man, Paul Heyman. Fantasy booking in the Aussie and U.S markets!

News Lead Up (Australia)

Today show host Karl Stefanovic to leave Nine after Tommy Robinson podcast fallout

Nine Entertainment's senior executives held a series of crisis meetings yesterday to discuss the future of veteran TV personality Karl Stefanovic. The co-host of breakfast show Today has caused consternation within Nine's executive ranks since the launch of his self-titled podcast show, which is produced independently of Nine; however, while he was cleared to proceed with the podcast earlier in 2026, this week's interview with far-right British activist Tommy Robinson was deemed to have been inappropriate. Nine is believed to have decided to terminate Stefanovic's contract and will negotiate an exit deal, amid concerns that Today may face advertiser boycott in the wake of the Robinson interview. (Media Man Peg-On); Got to be more to this story. Truth tellers can upset and unsettle the establishment! Ex journo says and knows!!!!

Lead Up

News (Aust)

ASX falls as WiseTech sinks to five-year low

The Australian sharemarket recorded a modest loss on Tuesday, with the S&P/ASX 200 easing 0.3 per cent to close at 8,787 points. Fortescue was down 1.7 per cent at $19.27, Viva Energy Group fell 2.4 per cent to end the session at $2.08 and WiseTech Global shed 4.4 per cent to finish at $28.76 amid the new scandal that has embroiled executive chairman Richard White. However, the banking sector posted solid gains, with the ANZ Bank rising 1.4 per cent to $35.74. (RMS)

Sports Biz

NRL's V'landys nears record NZ broadcast deal

Sky Network Television has held the New Zealand broadcasting rights to National Rugby League matches for the last three decades. The Australian Rugby League Commission's chairman Peter V'landys and NRL CEO Andrew Abdo recently held talks with Sky executives, and sources have indicated that the pay-TV group is close to securing a new five-year deal. However, free-to-air rival TVNZ is also believed to have submitted a bid for the NRL rights. Meanwhile, V'landys met with Nine Entertainment chairman Peter Tonagh yesterday, as the ARLC seeks to finalise the new NRL rights deal in Australia; Nine and Foxtel are the current NRL broadcasters. (RMS): (Media Man Peg-On): Win-Win-Win would be a great outcome.

News

Mining (Aust)

Iluka signs $220m rare earths deal

Perth-based Ilula Resources has secured its first offtake agreement for light and heavy rare earths to be produced at its Eneabba refinery in Western Australia. Iluka will supply neodymium, praseodymium, dysprosium and terbium to a "globally recognised" car maker. The offtake agreement is initially for 1,200 tonnes of the rare earth oxides over four years; it will account for about 10 per cent of Iluka's expected production at the Eneabba refinery over this period. Iluka will receive a minimum price for the rare earth oxides, although it has not disclosed this price or identified the customer. (RMS) (Media Man Peg-On): More good news for Australian mining hey Gina at Hancock Prospecting. Friendly comp and mining wars for greater good. One Nation!

News Lead Up (Aust)

Investors snub ASX as money goes offshore

The benchmark S&P/ASX 200 Index has gained just 1.2 per cent so far in 2026; in contrast, the Nasdaq has risen by 14 per cent and Japan's Nikkei is up 43 per cent. Richard Schellbach from UBS says the ASX 200 looks unattractive and uncompetitive to global investors compared with other equity markets in the region, citing factors such as high interest rates and the effect of the federal government's budget tax changes on the property sector. Sebastian Mullins from Schroders says the high valuations of Australian shares makes the local bourse very expensive relative to corporate profits.

News Lead Up (Aust/Int)

June 22

Wall St buys into News succession

The majority of the Murdoch family-owned News Corporation's value can be attributed to its 61 per cent stake in real estate classifieds company REA. For the last decade, its REA stake has accounted for an average of 65 per cent of News Corp's market value, but REA's share price has dropped 47 per cent from its 52-week high on 20 August last year, causing the value of News Corp's stake to fall by almost $10 billion. REA's decline means that the sharemarket is now ascribing value to the rest of the News Corp empire, with analysts most excited about its Dow Jones unit. It seems that the so-called Murdoch discount may be narrowing, but it "is alive and well", with the question being if the next generation of the family is "sufficiently motivated to get rid of it". (RMS). (Media Man Peg-One): The first generation makes it, the 2nd generation spends it, the 3rd generation loses it?!

Shares

TKO Holdings
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*TKO gets it big bullish balls back! Night of Champions!

Alphabet Inc Class A
$337.39
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Netflix
$73.81
+2.91 +4.10%

Paramount Skydance Corp
$9.94
+0.21 +2.23%

News Lead Up (Australia)

News (Aust)

(ICYMI)

Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake

Gina Rinehart's Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in rocket and satellite company SpaceX. It represents Hancock Prospecting's biggest investment outside of iron ore, with Rinehart claiming that the Elon Musk-owned company is a further example of "why the world needs more enterprise, more builders and much less bureaucracy".

Hancock Prospecting's investment in SpaceX adds to a portfolio that includes stakes in Liontown Resources, Azure Minerals and Tesla. (RMS). (Media Man Peg-On): Let's Go Team Gina w Musk. To The Moon, Mars and Beyond! Fish 'N Chips Rocket Express! : ) Islands In The Stream! Aussie Barbarella meets Gold movie and Mission To Mars. The Galaxy is your Oyster. Take off down under in Australia maties! Time for a new captain in Canberra right Peter Gravy. Getting inside here ... Operation Golden Red Fish meets Rocket Man and Mrs Miner. Winning! Gonzo Truth News!

News Lead Up

(ICYMI)

SpaceX IPO Nears, Pushing Elon Musk Toward Trillionaire Status

SpaceX plans to price shares at $135 each on Thursday, valuing the company at $1.77 trillion and raising up to $75 billion in the largest IPO ever, with trading possibly starting Friday on Nasdaq under SPCX. Musk's 42% stake would be worth $740 billion to $866 billion, combined with his $300 billion-plus Tesla holdings pushing his net worth over $1 trillion according to Forbes and Bloomberg estimates. Prediction markets give 96% odds he'll be the first trillionaire by year-end, amid X users celebrating employee windfalls and free markets while others decry economic inequality, with jokes about Musk's riches flying alongside analyst cautions on risks. (Media Man Peg-On): To the Moon, Mars and Beyond. Real Life Iron Man Musk firing on all cylinders. Investors getting stars in their eyes?! Record Breaking Rocket Man!?

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a fun and friendly way. Road To The White House and beyond!

News

(ICYMI)

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

Hancock Prospecting wins 'Mining Co Of The Month' award; Runner-up: Rio Tinto

News

Netflix wins Media Man 'Streaming Service Of The Month' award; Runner-up: YouTube

Google wins Media Man 'Search Engine Of Month'

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

January and March

Streaming Wars

The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.

Key Strategies in 2026

Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore

Terry Steyner: Susannah York

Hurry Hirschfeld: Ray Milland

Manfred Steyner: Bradford Dillman

Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in

'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago

The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)

Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return Something I could have learned You're indestructible Always believin'

Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)

https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.

News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

WWE wins 'Wrestling Promotion Of the Month' award; Runner-up: Lucha Libre AAA Worldwide

Netflix wins Media Man 'Streaming Service Of The Month' award; Runner-up: YouTube

News

Pop Culture Dream Matches: Fantasy Booking

Media Man Series

Team Trump def Team Left
Dana White def Naysayers
Sydney Sweeney def critics
Pauline Hanson def critics
SpaceX def everyone
Mr NXT vs Mr AEW
Conor McGregor vs critics
Sten Lee (Marvel) vs DC Comics (Team Warner)
Mr Netflix vs Mr Paramount
Mr YouTube vs Mr Rumble
Mr Meta vs Mr Bluesky
Mr Crypto vs Mr NWO
Mr Toyota vs Mr Porsche
Mr Citizen Journalism vs Mr Newspaper Rag
Tony D'Angelo vs Mr EVIL - NXT (Great American Bash) - June 28
Seth Rollins vs Bron Breakker - WWE Night of Champions - June 27
WWE vs everyone - WWE Satuday Night's Main Event - July 18 - Madison Square Garden, NYC
Aussie Karl and Aussie Kyle vs Nine and Mainstream

Best Quotes

"I've never met a currency I didn't like" JBL

"What's your hustle" Paul Heyman

"Just in any job, if you want to get ahead, take shorter lunch breaks, be happy to stay later, do the work, and finish it off well" Gina Rinehart

"Everyone you meet knows something you don't" Fred Schebesta

"Free, truly independent" Karl Stefanovic

Media Man

 

 

 

 

 

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition! Part IV

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

"Wall Street Shuffle" (10cc)
"Poker Face" (Lady Gaga)
"I've Got Friday On My Mind" (The Easybeats)
"Ruby Tuesday" (The Rolling Stones)
"The South Swell" (Big Wednesday movie)
"Hail to the Chief" (All The President's Men movie)
"Down Under" (Men at Work)
"Y.M.C.A" (Villiage People)
"Advance Australia Fair" National anthem of Australia (Peter Dodds McCormick)
"Great Southern Land" (Icehouse)

Road To WWE Night Of Champions: King And Queen Of The Ring. He or she who owns the gold makes the rules!
It's good to be King Of Content; King Kyle Media Connection: One Nation Australia

Road to WWE NXT Great American Bash: The Don To Defend

Google Cloud Summit Takes Over Darling Harbour, Sydney, Australia; Google A.I Sports!

Hancock Prospecting and X Corp/SpaceX Big Favs Of Aussie's Down Under

Aussie Politics: Battle Of The Billionaires: Team Bulldozer: Pauline/Musk with Reinhart vs Team Albo. Who Will Survive? And New?

Aussie Media Karl Takes The Beef To Nine; One Nation Australia Pauline Extends Olive Branch

Aussie King Kyle Fan Of One Nation; Right Man, Right Placel Right On Time

Aussie Truth Tellers In And Around Media vs Corp Media Liars

UFC Freedom 250: Fallout; Big Thumbs Up From Mostl: Road To UFC Baku Fight Night This Weekend

Past, Present And Future

June 2026

June 25

Markets

ASX 200 futures up 16 points/0.2%: 8810.
AUD -0.2% to US69.01¢

Bitcoin $61,691.98 -1.59%

Wall St:
Dow +0.4%
S&P -0.1%
Nasdaq -0.4%

VIX -0.86 to 18.63
Gold -2.9% to $US3998.88 an ounce
Brent oil -5.1% to $US73.16 a barrel
Iron ore +1.3% to $US98.65 a ton
10-year yield: US 4.39% Australia 4.76%

Numbers Double Check

Australian Dollar: $0.6900 USD (down $0.0020 USD)
Iron Ore: $98.65 USD (up $1.05 USD)
Oil Price (West Texas): $69.87 USD (down $3.18 USD)
Gold Price: $3,999.32 USD (down $111.62 USD)
Copper Price: $5.9850 USD (down $0.1400 USD)
Dow Jones: 51,848.90 (up 182.06 points)

Cryptos:

Bitcoin $61,633.56 -1.48%
Dogecoin: $0.07692 -2.18%
XRP: $1.0827 -1.14%

News (Aust)

ASX snaps four-day loss; tech stocks bounce

The Australian sharemarket posted a small gain on Wednesday, with the S&P/ASX 200 adding 0.2 per cent to close at 8,808.4 points. WiseTech Global rose 14.3 per cent to $32.86, Tasmea was up 6.9 per cent at $9.65 and CSL finished 2.6 per cent higher at $114.99. However, Ora Banda Mining was down 5.3 per cent at $1.16, Beach Energy fell 8.5 per cent to $0.86 and KMD Brands finished 4.6 per cent lower at $0.062. (Media Man Peg-On): What goes up must come down. Tick Tock, as pro wrestler Killer Kross would say" Choke hold on the way for some! Does WiseTech need a Wise Man? G'day WWE's resident wise man, Paul Heyman. Fantasy booking in the Aussie and U.S markets!

News (Australia)

Today show host Karl Stefanovic to leave Nine after Tommy Robinson podcast fallout

Nine Entertainment's senior executives held a series of crisis meetings yesterday to discuss the future of veteran TV personality Karl Stefanovic. The co-host of breakfast show Today has caused consternation within Nine's executive ranks since the launch of his self-titled podcast show, which is produced independently of Nine; however, while he was cleared to proceed with the podcast earlier in 2026, this week's interview with far-right British activist Tommy Robinson was deemed to have been inappropriate. Nine is believed to have decided to terminate Stefanovic's contract and will negotiate an exit deal, amid concerns that Today may face advertiser boycott in the wake of the Robinson interview. (Media Man Peg-On); Got to be more to this story. Truth tellers can upset and unsettle the establishment! Ex journo says and knows!!!!

Lead Up

News (Aust)

ASX falls as WiseTech sinks to five-year low

The Australian sharemarket recorded a modest loss on Tuesday, with the S&P/ASX 200 easing 0.3 per cent to close at 8,787 points. Fortescue was down 1.7 per cent at $19.27, Viva Energy Group fell 2.4 per cent to end the session at $2.08 and WiseTech Global shed 4.4 per cent to finish at $28.76 amid the new scandal that has embroiled executive chairman Richard White. However, the banking sector posted solid gains, with the ANZ Bank rising 1.4 per cent to $35.74. (RMS)

Sports Biz

NRL's V'landys nears record NZ broadcast deal

Sky Network Television has held the New Zealand broadcasting rights to National Rugby League matches for the last three decades. The Australian Rugby League Commission's chairman Peter V'landys and NRL CEO Andrew Abdo recently held talks with Sky executives, and sources have indicated that the pay-TV group is close to securing a new five-year deal. However, free-to-air rival TVNZ is also believed to have submitted a bid for the NRL rights. Meanwhile, V'landys met with Nine Entertainment chairman Peter Tonagh yesterday, as the ARLC seeks to finalise the new NRL rights deal in Australia; Nine and Foxtel are the current NRL broadcasters. (RMS): (Media Man Peg-On): Win-Win-Win would be a great outcome.

News

Mining (Aust)

Iluka signs $220m rare earths deal

Perth-based Ilula Resources has secured its first offtake agreement for light and heavy rare earths to be produced at its Eneabba refinery in Western Australia. Iluka will supply neodymium, praseodymium, dysprosium and terbium to a "globally recognised" car maker. The offtake agreement is initially for 1,200 tonnes of the rare earth oxides over four years; it will account for about 10 per cent of Iluka's expected production at the Eneabba refinery over this period. Iluka will receive a minimum price for the rare earth oxides, although it has not disclosed this price or identified the customer. (RMS) (Media Man Peg-On): More good news for Australian mining hey Gina at Hancock Prospecting. Friendly comp and mining wars for greater good. One Nation!

News Lead Up (Aust)

Investors snub ASX as money goes offshore

The benchmark S&P/ASX 200 Index has gained just 1.2 per cent so far in 2026; in contrast, the Nasdaq has risen by 14 per cent and Japan's Nikkei is up 43 per cent. Richard Schellbach from UBS says the ASX 200 looks unattractive and uncompetitive to global investors compared with other equity markets in the region, citing factors such as high interest rates and the effect of the federal government's budget tax changes on the property sector. Sebastian Mullins from Schroders says the high valuations of Australian shares makes the local bourse very expensive relative to corporate profits.

News Lead Up (Aust/Int)

June 22

Wall St buys into News succession

The majority of the Murdoch family-owned News Corporation's value can be attributed to its 61 per cent stake in real estate classifieds company REA. For the last decade, its REA stake has accounted for an average of 65 per cent of News Corp's market value, but REA's share price has dropped 47 per cent from its 52-week high on 20 August last year, causing the value of News Corp's stake to fall by almost $10 billion. REA's decline means that the sharemarket is now ascribing value to the rest of the News Corp empire, with analysts most excited about its Dow Jones unit. It seems that the so-called Murdoch discount may be narrowing, but it "is alive and well", with the question being if the next generation of the family is "sufficiently motivated to get rid of it". (RMS). (Media Man Peg-One): The first generation makes it, the 2nd generation spends it, the 3rd generation loses it?!

News

Sports Biz: NRL

Amazon in race for NRL as V'landys mulls splitting pay TV games

Sources have indicated that Amazon's Prime Video streaming service is interested in acquiring the broadcasting rights for up to two National Rugby League matches each week. The Australian Rugby League Commission's chairman Peter has indicated that he is open to NRL matches being split between several subscription video services, provided that the cost remains affordable for fans. The incumbent NRL broadcasters, Nine Entertainment and pay-TV group Foxtel, both want to secure the rights to all matches; Nine would show NRL on both its free-to-air channels and Stan Sport, while Foxtel would seek a sub-licencing deal with the Seven or Ten networks in order to comply with anti-siphoning laws. (RMS). (Media Man Peg-On): Pros and cons with spitting media rights between various platforms. Fan friendly elements vs bean counter money grabs!

Shares

TKO Holdings
$203.51
+0.81 +0.40%

Alphabet Inc Class A
$345.28
-0.81 -0.23%

Netflix
$71.84
-0.98 -1.35%

Paramount Skydance Corp
$9.75
+0.036 +0.36%

News Lead Up (Australia)

News (Aust)

(ICYMI)

Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake

Gina Rinehart's Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in rocket and satellite company SpaceX. It represents Hancock Prospecting's biggest investment outside of iron ore, with Rinehart claiming that the Elon Musk-owned company is a further example of "why the world needs more enterprise, more builders and much less bureaucracy". Hancock Prospecting's investment in SpaceX adds to a portfolio that includes stakes in Liontown Resources, Azure Minerals and Tesla. (RMS). (Media Man Peg-On): Let's Go Team Gina w Musk. To The Moon, Mars and Beyond! Fish 'N Chips Rocket Express! : ) Islands In The Stream! Aussie Barbarella meets Gold movie and Mission To Mars. The Galaxy is your Oyster. Take off down under in Australia maties! Time for a new captain in Canberra right Peter Gravy. Getting inside here ... Operation Golden Red Fish meets Rocket Man and Mrs Miner. Winning! Gonzo Truth News!

News Lead Up

(ICYMI)

SpaceX IPO Nears, Pushing Elon Musk Toward Trillionaire Status

SpaceX plans to price shares at $135 each on Thursday, valuing the company at $1.77 trillion and raising up to $75 billion in the largest IPO ever, with trading possibly starting Friday on Nasdaq under SPCX. Musk's 42% stake would be worth $740 billion to $866 billion, combined with his $300 billion-plus Tesla holdings pushing his net worth over $1 trillion according to Forbes and Bloomberg estimates. Prediction markets give 96% odds he'll be the first trillionaire by year-end, amid X users celebrating employee windfalls and free markets while others decry economic inequality, with jokes about Musk's riches flying alongside analyst cautions on risks. (Media Man Peg-On): To the Moon, Mars and Beyond. Real Life Iron Man Musk firing on all cylinders. Investors getting stars in their eyes?! Record Breaking Rocket Man!?

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a fun and friendly way. Road To The White House and beyond!

News

(ICYMI)

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

Hancock Prospecting wins 'Mining Co Of The Month' award; Runner-up: Rio Tinto

News

Netflix wins Media Man 'Streaming Service Of The Month' award; Runner-up: YouTube

Google wins Media Man 'Search Engine Of Month'

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

January and March

Streaming Wars

The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.

Key Strategies in 2026

Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore

Terry Steyner: Susannah York

Hurry Hirschfeld: Ray Milland

Manfred Steyner: Bradford Dillman

Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in

'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago

The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)

Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return Something I could have learned You're indestructible Always believin'

Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)
https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.
News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

WWE wins 'Wrestling Promotion Of the Month' award; Runner-up: Lucha Libre AAA Worldwide

Netflix wins Media Man 'Streaming Service Of The Month' award; Runner-up: YouTube

News

Pop Culture Dream Matches: Fantasy Booking

Media Man Series

Team Trump def Team Left
Dana White def Naysayers
Sydney Sweeney def critics
Pauline Hanson def critics
SpaceX def everyone
Mr NXT vs Mr AEW
Conor McGregor vs critics
Sten Lee (Marvel) vs DC Comics (Team Warner)
Mr Netflix vs Mr Paramount
Mr YouTube vs Mr Rumble
Mr Meta vs Mr Bluesky
Mr Crypto vs Mr NWO
Mr Toyota vs Mr Porsche
Mr Citizen Journalism vs Mr Newspaper Rag
Tony D'Angelo vs Mr EVIL - NXT (Great American Bash) - June 28
Seth Rollins vs Bron Breakker - WWE Night of Champions - June 27
WWE vs everyone - WWE Satuday Night's Main Event - July 18 - Madison Square Garden, NYC
Aussie Karl and Aussie Kyle vs Nine and Mainstream

Best Quotes

"I've never met a currency I didn't like" JBL

"What's your hustle" Paul Heyman

"Just in any job, if you want to get ahead, take shorter lunch breaks, be happy to stay later, do the work, and finish it off well" Gina Rinehart

"Everyone you meet knows something you don't" Fred Schebesta

Media Man

 

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition! Part II

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

"Wall Street Shuffle" (10cc)
"Poker Face" (Lady Gaga)
"Monday, Monday" (The Mamas & the Papas)
"Ruby Tuesday" (The Rolling Stones)
"Hail to the Chief" (All The President's Men movie)
"Down Under" (Men at Work)
"Y.M.C.A" (Villiage People)

Road To WWE Night Of Champions: King And Queen Of The Ring. He or she who owns the gold makes the rules!
It's good to be King Of Content; King Kyle Media Connection: One Nation Australia

Hancock Prospecting and X Corp/SpaceX Big Favs Of Aussie's Down Under

Aussie Politics: Battle Of The Billionaires: Team BulldozerL Pauline/Musk with Reinhart vs Team Albo. Who Will Survive? And New?

UFC Freedom 250: Fallout; Big Thumbs Up From Most

Past, Present And Future

June 2026

June 23

Markets

ASX 200 futures up 21 points/0.2%: 8831

AUD -0.2% to US70.01¢

Bitcoin $63,912.35 +1.08%

Wall St:
Dow +0.3%
S&P -0.4%
Nasdaq -1.3%

VIX +0.50 to 17.28
Gold +0.9% to $US4191.82 an ounce
Brent oil -3.3% to $US77.95 a barrel
Iron ore -0.3% to $US98.30 a ton

10-year yield:
US 4.51%
Australia 4.81%

Numbers Double Check

Australian Dollar: $0.7002 USD (down $0.0012 USD)
Iron Ore: $98.30 USD (down $0.55 USD)
Oil Price (West Texas): $75.19 USD (down $2.35 USD)
Gold Price : $4,191.60 USD (up $35.92 USD)
Copper Price: $6.3680 USD (up $0.0310 USD)
Dow Jones: 51,712.71 (up 148.01 points)

Cryptos:

Bitcoin $63,912.35 +1.08%

Dogecoin: $0.08225 +0.19%

XRP: $1.1262 +0.38%

News (Aust(

ASX edges lower; WiseTech plunges 18pc

The Australian sharemarket finished slightly lower on Monday, with the S&P/ASX 200 easing 0.1 per cent to close at 8,816.1 points. BHP was down 1.7 per cent at $60.34, Karoon Energy fell 3.1 per cent to $1.39 and WiseTech Global shed 18.4 per cent to the session at $30.08 in response to the latest scandal that has embroiled executive chairman Richard White. However, Insurance Australia Group rose three per cent to $8.22 and SGH was up three per cent at $44.57. (RMS)

News (Aust)

Investors snub ASX as money goes offshore

The benchmark S&P/ASX 200 Index has gained just 1.2 per cent so far in 2026; in contrast, the Nasdaq has risen by 14 per cent and Japan's Nikkei is up 43 per cent. Richard Schellbach from UBS says the ASX 200 looks unattractive and uncompetitive to global investors compared with other equity markets in the region, citing factors such as high interest rates and the effect of the federal government's budget tax changes on the property sector. Sebastian Mullins from Schroders says the high valuations of Australian shares makes the local bourse very expensive relative to corporate profits.

News Lead Up (Aust/Int)

June 22

Wall St buys into News succession

The majority of the Murdoch family-owned News Corporation's value can be attributed to its 61 per cent stake in real estate classifieds company REA. For the last decade, its REA stake has accounted for an average of 65 per cent of News Corp's market value, but REA's share price has dropped 47 per cent from its 52-week high on 20 August last year, causing the value of News Corp's stake to fall by almost $10 billion. REA's decline means that the sharemarket is now ascribing value to the rest of the News Corp empire, with analysts most excited about its Dow Jones unit. It seems that the so-called Murdoch discount may be narrowing, but it "is alive and well", with the question being if the next generation of the family is "sufficiently motivated to get rid of it". (RMS)

News

Sports Business: NRL

Amazon in race for NRL as V'landys mulls splitting pay TV games

Sources have indicated that Amazon's Prime Video streaming service is interested in acquiring the broadcasting rights for up to two National Rugby League matches each week. The Australian Rugby League Commission's chairman Peter has indicated that he is open to NRL matches being split between several subscription video services, provided that the cost remains affordable for fans. The incumbent NRL broadcasters, Nine Entertainment and pay-TV group Foxtel, both want to secure the rights to all matches; Nine would show NRL on both its free-to-air channels and Stan Sport, while Foxtel would seek a sub-licencing deal with the Seven or Ten networks in order to comply with anti-siphoning laws. (RMS). (Media Man Peg-On): Pros and cons with spitting media rights between various platforms. Fan friendly elements vs bean counter money grabs!

Shares

TKO Holdings
$197.26
-1.62 -0.76%

Alphabet Inc Class A
$349.68
-18.35 -4.99%

Netflix
$72.88
-4.50 -5.82%

Paramount Skydance Corp
$9.89
-0.050 -0.50%

News Lead Up (Australia)

News (Aust)

(ICYMI)

Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake

Gina Rinehart's Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in rocket and satellite company SpaceX. It represents Hancock Prospecting's biggest investment outside of iron ore, with Rinehart claiming that the Elon Musk-owned company is a further example of "why the world needs more enterprise, more builders and much less bureaucracy". Hancock Prospecting's investment in SpaceX adds to a portfolio that includes stakes in Liontown Resources, Azure Minerals and Tesla. (RMS). (Media Man Peg-On): Let's Go Team Gina w Musk. To The Moon, Mars and Beyond! Fish 'N Chips Rocket Express! : ) Islands In The Stream! Aussie Barbarella meets Gold movie and Mission To Mars. The Galaxy in your Oyster. Take off down under in Australia maties! Time for a new captain in Canberra right Peter Gravy. Getting inside here ... Operation Red Fish meets Rocket Man and Mrs Miner. Winning! Gonzo Truth News!

News Lead Up

(ICYMI)

SpaceX IPO Nears, Pushing Elon Musk Toward Trillionaire Status

SpaceX plans to price shares at $135 each on Thursday, valuing the company at $1.77 trillion and raising up to $75 billion in the largest IPO ever, with trading possibly starting Friday on Nasdaq under SPCX. Musk's 42% stake would be worth $740 billion to $866 billion, combined with his $300 billion-plus Tesla holdings pushing his net worth over $1 trillion according to Forbes and Bloomberg estimates. Prediction markets give 96% odds he'll be the first trillionaire by year-end, amid X users celebrating employee windfalls and free markets while others decry economic inequality, with jokes about Musk's riches flying alongside analyst cautions on risks. (Media Man Peg-On): To the Moon, Mars and Beyond. Real Life Iron Man Musk firing on all cylinders. Investors getting stars in their eyes?! Record Breaking Rocket Man!?

News

June 16

Gold is finding its footing

Gold has surged at its fastest pace in two months following reports that Donald Trump has called off strikes against Iran. The precious metal extended its rally on news of a deal between Washington and Tehran. With tensions easing, the outlook for Gold is improving. After dropping 18% from its highs and hitting its lowest level since November 2025, investors are once again seeing reasons for optimism.

Since the start of the geopolitical conflict, the precious metal has moved in the opposite direction to oil, so the fall in Brent has allowed gold to find its footing. Higher energy prices heighten the risks of inflation becoming entrenched at elevated levels and increase the likelihood of the Fed tightening monetary policy. This creates a headwind for gold, whilst the end of the conflict in the Middle East becomes a tailwind.

The precious metal’s rebound is being driven by US stock indices returning to record highs. The history of gold’s transformation into a risky asset dates back to 2025. At that time, gold prices jumped by 65%, whilst the New York Stock Exchange mining index rose by a record 155%. Gold can also serve as a source of liquidity, with investors selling it during stock market downturns to meet margin requirements.

Another factor set to drive gold's growth is increased demand for bullion from central banks. According to the WGC, 45% of the 76 central banks that responded to the survey plan to buy gold over the next 12 months. This is a record high since such surveys began in 2018. In emerging markets, this figure stands at 53%.

Taken together, easing tensions in the Middle East, lower oil prices, a reduced likelihood of further Fed tightening in 2026, stronger equity markets and robust central bank demand are creating a more supportive backdrop for gold, potentially paving the way for a broader recovery in prices.

The technical picture also favours the bulls, showing a striking surge in buying activity from the 61.8% Fibonacci support level of the 2022–2025 rally. Further confirmation of the reversal comes from the bounce off the 50-week moving average, which turned sharply upwards after slipping at the start of June.

Summary: Gold is rebounding as Middle East tensions ease, oil prices fall, Fed tightening risks fade, equities strengthen, and central bank demand supports recovery. (FxPro)

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a fun and friendly way. Road To The White House and beyond!

News

(ICYMI)

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

Hancock Prospecting wins 'Mining Co Of The Month' award

News

Netflix wins Media Man 'Streaming Service Of The Month' award

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

January and March

Streaming Wars

The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.

Key Strategies in 2026

Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore

Terry Steyner: Susannah York

Hurry Hirschfeld: Ray Milland

Manfred Steyner: Bradford Dillman

Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in

'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago

The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)

Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return Something I could have learned You're indestructible Always believin'

Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)
https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.
News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

WWE wins 'Wrestling Promotion Of the Month' award; Runner-up: Lucha Libre AAA Worldwide

Netflix wins Media Man 'Streaming Service Of The Month' award

News

Pop Culture Dream Matches: Fantasy Booking

Media Man Series

Team Trump def Team Left
Dana White def Naysayers
Sydney Sweeney def critics
Pauline Hanson def critics
SpaceX def everyone
Mr NXT vs Mr AEW
Conor McGregor vs critics
Sten Lee (Marvel) vs DC Comics (Team Warner)
Mr Netflix vs Mr Paramount
Mr YouTube vs Mr Rumble
Mr Meta vs Mr Bluesky
Mr Crypto vs Mr NWO
Mr Toyota vs Mr Porsche
Mr Citizen Journalism vs Mr Newspaper Rag
Tony D'Angelo vs Mr EVIL - NXT (Great American Bash) - June 28
Seth Rollins vs Bron Breakker - WWE Night of Champions - June 27
WWE vs everyone - WWE Satuday Night's Main Event - July 18 - Madison Square Garden, NYC

Best Quotes

"I've never met a currency I didn't like" JBL

"What's your hustle" Paul Heyman

"Just in any job, if you want to get ahead, take shorter lunch breaks, be happy to stay later, do the work, and finish it off well" Gina Rinehart

"Everyone you meet knows something you don't" Fred Schebesta

Media Man

 

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition! Part VI

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

Spread The Risk!

Aussie Iron Lady Climbing Summit!

"Wall Street Shuffle" (10cc)
"Poker Face" (Lady Gaga)
"Saturday Night's Are For Fighting" (Elton John)
"Rocket Man" (Elton John)
"Nightflight To Venus" (Boney M.)
"I've Got Friday On My Mind" (The Easybeats)
"Ironman"(Black Sabbath)
"Hail to the Chief" (All The President's Men movie)

Road To WWE Night Of Champions: King And Queen Of The Ring. He or she who owns the gold makes the rules!

UFC Freedom 250: Fallout; Big Thumbs Up From Most

Past, Present And Future

June 2026

June 20

Markets

ASX futures down 18 points/-0.2% to 8810
AUD flat: US70.12¢
Dow +0.1%
S&P +1.1%
Nasdaq +1.9%
Gold +1.3% to $US4,155.71 an ounce
Brent oil +0.9% at $US80.57 a barrel
Iron ore -0.4% at $US98.85 a ton

Cryptos:

Bitcoin: $63, 424 +1.15%

Dogecoin: $0.08309 +0.46%

XRP: $1.1375 + 0.16%

News (Australia)

Gina Rinehart says Queensland should give some of its islands to Elon Musk

Mining magnate Gina Rinehart has told the National Bush Summit in Townsville that Queensland should give some of its islands to SpaceX founder Elon Musk, with Rinehart claiming Musk needs "an alternate weather place in an allied country". Rinehart commented that "you might remember Elon Musk was given a big chainsaw to try and cut government tape and bureaucracies over in America. We need a orange bulldozer". (Media Man Peg-On): 2 Iron Ladies and A Spaceman. Mission To The Moon, Mars and Beyond, via Terror Australis (Northern Queensland), Down Under! Bulldoze The Swamp!

News

Sports Biz: NRL

Amazon in race for NRL as V'landys mulls splitting pay TV games

Sources have indicated that Amazon's Prime Video streaming service is interested in acquiring the broadcasting rights for up to two National Rugby League matches each week. The Australian Rugby League Commission's chairman Peter has indicated that he is open to NRL matches being split between several subscription video services, provided that the cost remains affordable for fans. The incumbent NRL broadcasters, Nine Entertainment and pay-TV group Foxtel, both want to secure the rights to all matches; Nine would show NRL on both its free-to-air channels and Stan Sport, while Foxtel would seek a sub-licencing deal with the Seven or Ten networks in order to comply with anti-siphoning laws. (RMS). (Media Man Peg-On): Pros and cons with spitting media rights between various platforms. Fan friendly elements vs bean counter money grabs!

Lead Up

ASX steady after rate call; BHP hits record

The Australian sharemarket edged higher on Tuesday, after the Reserve Bank left official interest rates unchanged; the S&P/ASX 200 rose 0.042 per cent to close at 8,917.7 points, having reached an intra-day low of 8,843. BHP was up 0.015 per cent at a new record high of $65.19, Woodside Energy rose two per cent to $30.04 and Valiant Gold finished 4.7 per cent higher at $0.225. However, Karoon Energy shed 11.6 per cent to end the session at $1.64 and WiseTech Global was down 4.2 per cent at $36.79. (RMS). Media Man Peg-On: BHP ultra bullish. Let's go Gina and Hancock Prospecting and associates. Space X and Iron Lady to Moon, Mars and beyond.

Shares

TKO Holdings
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Alphabet Inc Class A
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Netflix
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Paramount Skydance Corp
$9.94
-0.40 -0.40%

News Lead Up (Aust)

Cricket Australia board to be overhauled, BBL sale greenlit after crunch meeting

The six state cricket associations held a lengthy meeting at Cricket Australia's headquarters in Melbourne on Monday, with a series of agreements being struck. South Australia proposed the states should be allowed to make up their own minds about selling off stakes in their Big Bash League teams, while the meeting called for an overhaul of the Cricket Australia board. The mooted new board structure would see one director appointed by each of the six states, along with four independent directors, one of which would be the chair. (RMS)

News (Aust)

(ICYMI)

Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake

Gina Rinehart's Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in rocket and satellite company SpaceX. It represents Hancock Prospecting's biggest investment outside of iron ore, with Rinehart claiming that the Elon Musk-owned company is a further example of "why the world needs more enterprise, more builders and much less bureaucracy". Hancock Prospecting's investment in SpaceX adds to a portfolio that includes stakes in Liontown Resources, Azure Minerals and Tesla. (RMS). (Media Man Peg-On): Let's Go Team Gina w Musk. To The Moon, Mars and Beyond! Fish 'N Chips Rocket Express! : ) Islands In The Stream! Aussie Barbarella meets Gold movie and Mission To Mars. The Galaxy in your Oyster. Take off down under in Australia maties! Time for a new captain in Canberra right Peter Gravy. Getting inside here ... Operation Red Fish meets Rocket Man and Mrs Miner. Aussie Iron Ladies - Gina and Pauline! Winning! Gonzo Truth News! X X Iron and Space Power!

News Lead Up

(ICYMI)

SpaceX IPO Nears, Pushing Elon Musk Toward Trillionaire Status

SpaceX plans to price shares at $135 each on Thursday, valuing the company at $1.77 trillion and raising up to $75 billion in the largest IPO ever, with trading possibly starting Friday on Nasdaq under SPCX. Musk's 42% stake would be worth $740 billion to $866 billion, combined with his $300 billion-plus Tesla holdings pushing his net worth over $1 trillion according to Forbes and Bloomberg estimates. Prediction markets give 96% odds he'll be the first trillionaire by year-end, amid X users celebrating employee windfalls and free markets while others decry economic inequality, with jokes about Musk's riches flying alongside analyst cautions on risks. (Media Man Peg-On): To the Moon, Mars and Beyond. Real Life Iron Man Musk firing on all cylinders. Investors getting stars in their eyes?! Record Breaking Rocket Man!?

News

June 16

Gold

Gold is finding its footing

Gold has surged at its fastest pace in two months following reports that Donald Trump has called off strikes against Iran. The precious metal extended its rally on news of a deal between Washington and Tehran. With tensions easing, the outlook for Gold is improving. After dropping 18% from its highs and hitting its lowest level since November 2025, investors are once again seeing reasons for optimism.

Since the start of the geopolitical conflict, the precious metal has moved in the opposite direction to oil, so the fall in Brent has allowed gold to find its footing. Higher energy prices heighten the risks of inflation becoming entrenched at elevated levels and increase the likelihood of the Fed tightening monetary policy. This creates a headwind for gold, whilst the end of the conflict in the Middle East becomes a tailwind.

The precious metal’s rebound is being driven by US stock indices returning to record highs. The history of gold’s transformation into a risky asset dates back to 2025. At that time, gold prices jumped by 65%, whilst the New York Stock Exchange mining index rose by a record 155%. Gold can also serve as a source of liquidity, with investors selling it during stock market downturns to meet margin requirements.

Another factor set to drive gold's growth is increased demand for bullion from central banks. According to the WGC, 45% of the 76 central banks that responded to the survey plan to buy gold over the next 12 months. This is a record high since such surveys began in 2018. In emerging markets, this figure stands at 53%.

Taken together, easing tensions in the Middle East, lower oil prices, a reduced likelihood of further Fed tightening in 2026, stronger equity markets and robust central bank demand are creating a more supportive backdrop for gold, potentially paving the way for a broader recovery in prices.

The technical picture also favours the bulls, showing a striking surge in buying activity from the 61.8% Fibonacci support level of the 2022–2025 rally. Further confirmation of the reversal comes from the bounce off the 50-week moving average, which turned sharply upwards after slipping at the start of June.

Summary: Gold is rebounding as Middle East tensions ease, oil prices fall, Fed tightening risks fade, equities strengthen, and central bank demand supports recovery. (FxPro)

News

June 16

Crypto: growth without the euphoria

Market Overview

The crypto market capitalisation rose to $2.3 trillion by the end of Monday, before falling back to $2.27 trillion at the time of writing. The market recovery trend continues, but the relatively cautious pace of growth suggests we are far from euphoria. This looks more like a phase of asset consolidation by major players, which means the rally will have to wait a while. Among the most active coins, the growth leaders were Stellar (+14.8%), Uniswap (+14.2%) and Aave (+7%). The underperformers were Toncoin (-5.6%), Official Trump (-3.3%) and The Graph (-3.2%).

Bitcoin is trading near $66.3K, up just under 1% over the past 24 hours, but some distance from Monday’s intraday highs, which were approximately $1K higher. The price rise is occurring within a channel that formed 10 days ago. On Monday, the price confirmed this channel by touching and pulling back from its upper boundary, but it remains at the top of the range. Provided the positive momentum continues, we see the $68K area (the 61.8% Fibonacci retracement level) as the nearest technical resistance to price growth. A more distant signal of market strength would be a firm consolidation above the 50-day moving average, which currently exceeds $73K.

News Background

CryptoQuant notes that inflows of bitcoins to crypto exchanges from long-term holders have reached their lowest level since 2015. Selling pressure is easing, and the number of bitcoins held by long-term holders has reached a new all-time high of 15.8 million BTC.

Relai expects Bitcoin’s bearish trend to end once the phase of major investment in artificial intelligence concludes. Capital may begin to flow back into the leading cryptocurrency as early as next year.

Strategy purchased an additional 1,587 BTC last week for $100 million at an average price of $63K per coin. The company now holds 846,842 BTC, purchased for $64.1 billion at an average price of $75.6K per Bitcoin.

BitMine has increased its Ethereum holdings to 5.62 million ETH, having purchased approximately 0.08 million ETH over the past week. BitMine’s reserves have reached 4.66%, with plans to acquire 5% of the Ethereum supply.

Summary: The crypto market is rising cautiously with no signs of euphoria; Bitcoin is holding within a 10-day channel, while selling pressure is easing. (FxPro)

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a fun and friendly way. Road To The White House and beyond!

News

(ICYMI)

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

January and March

Streaming Wars

The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.
Key Strategies in 2026

Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore

Terry Steyner: Susannah York

Hurry Hirschfeld: Ray Milland

Manfred Steyner: Bradford Dillman

Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in

'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago

The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)

Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return Something I could have learned You're indestructible Always believin'

Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)
https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.
News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

WWE wins 'Wrestling Promotion Of the Month' award; Runner-up: Lucha Libre AAA Worldwide

Pauline Hanson wins Media Man 'Aussie Of The Month' award

News

Pop Culture Dream Matches: Fantasy Booking

Media Man Series

Team Trump def Team Left
Dana White def Naysayers
Sydney Sweeney def critics
Pauline Hanson def critics
SpaceX def everyone
Mr NXT vs Mr AEW
Conor McGregor vs critics
Sten Lee (Marvel) vs DC Comics (Team Warner)
Mr Netflix vs Mr Paramount
Mr YouTube vs Mr Rumble
Mr Meta vs Mr Bluesky
Mr Crypto vs Mr NWO
Mr Toyota vs Mr Porsche
Tony D'Angelo vs Mr EVIL - NXT (Great American Bash) - June 28
Seth Rollins vs Bron Breakker - WWE Night of Champions - June 27
WWE vs everyone - WWE Satuday Night's Main Event - July 18 - Madison Square Garden, NYC

Best Quotes

"I've never met a currency I didn't like" JBL

"What's your hustle" Paul Heyman

"Just in any job, if you want to get ahead, take shorter lunch breaks, be happy to stay later, do the work, and finish it off well" Gina Rinehart

"Everyone you meet knows something you don't" Fred Schebesta

Media Man

 

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition! Part V

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

Spread The Risk!

"Wall Street Shuffle" (10cc)
"Poker Face" (Lady Gaga)
"I've Got Friday On My Mind" (The Easybeats)
"Thursday's Child" (David Bowie)
"Hail to the Chief" (All The President's Men movie)

Road To WWE Night Of Champions: King And Queen Of The Ring. He or she who owns the gold makes the rules!

UFC Freedom 250: Fallout; Big Thumbs Up From Most

Past, Present And Future

June 2026

June 19

Markets

ASX 200 futures down 51 points/0.6%: 8854

AUD -0.1% to 70.22US¢

Bitcoin $62,596.88 -2.51%

Wall St:
Dow +0.1%
S&P +1.1%
Nasdaq +1.9%

VIX down 2.04 to 16.40
Gold -0.1% to $US4,210.52 an ounce
Brent oil -0.4% to $US79.21 a barrel
Iron ore flat to $US99.20 a ton

10-year yield:
US +4.45%
Australia +4.77%

Cryptos:

Dogecoin: $0.08256 -3.07%

XRP: $1.1351 -3.56%

News (Australia)

Numbers Double Check

Australian Dollar: $0.7009 USD (down $0.0011 USD)
Iron Ore: $99.20 USD (down $0.10 USD)
Oil Price (West Texas): $76.61 USD (up $0.96 USD)
Gold Price: $4,209.33 USD (down $47.60 USD)
Copper Price: $6.3780 USD (up $0.0150 USD)
Dow Jones: 51,564.70 (up 72.15 points)

News (Australia)

June 19

ASX drops as US rate bets weighs on miners

The Australian sharemarket lost ground on Thursday, after a negative lead from Wall Street; the S&P/ASX 200 fell 0.6 per cent to close at 8,911.1 points. Fortescue was down 1.7 per cent at $19.97, Ora Banda Mining finished 7.5 per cent lower at $1.29 and Xero shedded 3.9 per cent to end the session at $71.64. However, Lifestyle Communities rose 9.8 per cent to $5.51 and the ANZ Bank was up 0.3 per cent at $35.14. (RMS)

News

Sports Business: NRL

Amazon in race for NRL as V'landys mulls splitting pay TV games

Sources have indicated that Amazon's Prime Video streaming service is interested in acquiring the broadcasting rights for up to two National Rugby League matches each week. The Australian Rugby League Commission's chairman Peter has indicated that he is open to NRL matches being split between several subscription video services, provided that the cost remains affordable for fans. The incumbent NRL broadcasters, Nine Entertainment and pay-TV group Foxtel, both want to secure the rights to all matches; Nine would show NRL on both its free-to-air channels and Stan Sport, while Foxtel would seek a sub-licencing deal with the Seven or Ten networks in order to comply with anti-siphoning laws. (RMS). (Media Man Peg-On): Pros and cons with spitting media rights between various platforms. Fan friendly elements vs bean counter money grabs!

Lead Up

ASX steady after rate call; BHP hits record

The Australian sharemarket edged higher on Tuesday, after the Reserve Bank left official interest rates unchanged; the S&P/ASX 200 rose 0.042 per cent to close at 8,917.7 points, having reached an intra-day low of 8,843. BHP was up 0.015 per cent at a new record high of $65.19, Woodside Energy rose two per cent to $30.04 and Valiant Gold finished 4.7 per cent higher at $0.225. However, Karoon Energy shed 11.6 per cent to end the session at $1.64 and WiseTech Global was down 4.2 per cent at $36.79. (RMS). Media Man Peg-On: BHP ultra bullish. Let's go Gina and Hancock Prospecting and associates. Space X meeting to Moon, Mars and beyond.

Shares

TKO Holdings
$198.78
+4.25 +2.718%

Alphabet Inc Class A
$368.03
+4.24 +1.17%

Netflix
$77.38
+0.42 +0.55%

Paramount Skydance Corp
$9.94
-0.40 -0.40%

News Lead Up (Australia)

Cricket Australia board to be overhauled, BBL sale greenlit after crunch meeting

The six state cricket associations held a lengthy meeting at Cricket Australia's headquarters in Melbourne on Monday, with a series of agreements being struck. South Australia proposed the states should be allowed to make up their own minds about selling off stakes in their Big Bash League teams, while the meeting called for an overhaul of the Cricket Australia board. The mooted new board structure would see one director appointed by each of the six states, along with four independent directors, one of which would be the chair. (RMS)

News (Aust)

(ICYMI)

Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake

Gina Rinehart's Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in rocket and satellite company SpaceX. It represents Hancock Prospecting's biggest investment outside of iron ore, with Rinehart claiming that the Elon Musk-owned company is a further example of "why the world needs more enterprise, more builders and much less bureaucracy". Hancock Prospecting's investment in SpaceX adds to a portfolio that includes stakes in Liontown Resources, Azure Minerals and Tesla. (RMS). (Media Man Peg-On): Let's Go Team Gina w Musk. To The Moon, Mars and Beyond! Fish 'N Chips Rocket Express! : ) Islands In The Stream! Aussie Barbarella meets Gold movie and Mission To Mars. The Galaxy in your Oyster. Take off down under in Australia maties! Time for a new captain in Canberra right Peter Gravy. Getting inside here ... Operation Red Fish meets Rocket Man and Mrs Miner. Winning! Gonzo Truth News!

News Lead Up

(ICYMI)

SpaceX IPO Nears, Pushing Elon Musk Toward Trillionaire Status

SpaceX plans to price shares at $135 each on Thursday, valuing the company at $1.77 trillion and raising up to $75 billion in the largest IPO ever, with trading possibly starting Friday on Nasdaq under SPCX. Musk's 42% stake would be worth $740 billion to $866 billion, combined with his $300 billion-plus Tesla holdings pushing his net worth over $1 trillion according to Forbes and Bloomberg estimates. Prediction markets give 96% odds he'll be the first trillionaire by year-end, amid X users celebrating employee windfalls and free markets while others decry economic inequality, with jokes about Musk's riches flying alongside analyst cautions on risks. (Media Man Peg-On): To the Moon, Mars and Beyond. Real Life Iron Man Musk firing on all cylinders. Investors getting stars in their eyes?! Record Breaking Rocket Man!?

News

June 16

Gold

Gold is finding its footing

Gold has surged at its fastest pace in two months following reports that Donald Trump has called off strikes against Iran. The precious metal extended its rally on news of a deal between Washington and Tehran. With tensions easing, the outlook for Gold is improving. After dropping 18% from its highs and hitting its lowest level since November 2025, investors are once again seeing reasons for optimism.

Since the start of the geopolitical conflict, the precious metal has moved in the opposite direction to oil, so the fall in Brent has allowed gold to find its footing. Higher energy prices heighten the risks of inflation becoming entrenched at elevated levels and increase the likelihood of the Fed tightening monetary policy. This creates a headwind for gold, whilst the end of the conflict in the Middle East becomes a tailwind.

The precious metal’s rebound is being driven by US stock indices returning to record highs. The history of gold’s transformation into a risky asset dates back to 2025. At that time, gold prices jumped by 65%, whilst the New York Stock Exchange mining index rose by a record 155%. Gold can also serve as a source of liquidity, with investors selling it during stock market downturns to meet margin requirements.

Another factor set to drive gold's growth is increased demand for bullion from central banks. According to the WGC, 45% of the 76 central banks that responded to the survey plan to buy gold over the next 12 months. This is a record high since such surveys began in 2018. In emerging markets, this figure stands at 53%.

Taken together, easing tensions in the Middle East, lower oil prices, a reduced likelihood of further Fed tightening in 2026, stronger equity markets and robust central bank demand are creating a more supportive backdrop for gold, potentially paving the way for a broader recovery in prices.

The technical picture also favours the bulls, showing a striking surge in buying activity from the 61.8% Fibonacci support level of the 2022–2025 rally. Further confirmation of the reversal comes from the bounce off the 50-week moving average, which turned sharply upwards after slipping at the start of June.

Summary: Gold is rebounding as Middle East tensions ease, oil prices fall, Fed tightening risks fade, equities strengthen, and central bank demand supports recovery. (FxPro)

News

June 16

Crypto: growth without the euphoria

Market Overview

The crypto market capitalisation rose to $2.3 trillion by the end of Monday, before falling back to $2.27 trillion at the time of writing. The market recovery trend continues, but the relatively cautious pace of growth suggests we are far from euphoria. This looks more like a phase of asset consolidation by major players, which means the rally will have to wait a while. Among the most active coins, the growth leaders were Stellar (+14.8%), Uniswap (+14.2%) and Aave (+7%). The underperformers were Toncoin (-5.6%), Official Trump (-3.3%) and The Graph (-3.2%).

Bitcoin is trading near $66.3K, up just under 1% over the past 24 hours, but some distance from Monday’s intraday highs, which were approximately $1K higher. The price rise is occurring within a channel that formed 10 days ago. On Monday, the price confirmed this channel by touching and pulling back from its upper boundary, but it remains at the top of the range. Provided the positive momentum continues, we see the $68K area (the 61.8% Fibonacci retracement level) as the nearest technical resistance to price growth. A more distant signal of market strength would be a firm consolidation above the 50-day moving average, which currently exceeds $73K.

News Background

CryptoQuant notes that inflows of bitcoins to crypto exchanges from long-term holders have reached their lowest level since 2015. Selling pressure is easing, and the number of bitcoins held by long-term holders has reached a new all-time high of 15.8 million BTC.

Relai expects Bitcoin’s bearish trend to end once the phase of major investment in artificial intelligence concludes. Capital may begin to flow back into the leading cryptocurrency as early as next year.

Strategy purchased an additional 1,587 BTC last week for $100 million at an average price of $63K per coin. The company now holds 846,842 BTC, purchased for $64.1 billion at an average price of $75.6K per Bitcoin.

BitMine has increased its Ethereum holdings to 5.62 million ETH, having purchased approximately 0.08 million ETH over the past week. BitMine’s reserves have reached 4.66%, with plans to acquire 5% of the Ethereum supply.

Summary: The crypto market is rising cautiously with no signs of euphoria; Bitcoin is holding within a 10-day channel, while selling pressure is easing. (FxPro)

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a fun and friendly way. Road To The White House and beyond!

News

(ICYMI)

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

January and March

Streaming Wars
The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.

Key Strategies in 2026

Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore

Terry Steyner: Susannah York

Hurry Hirschfeld: Ray Milland

Manfred Steyner: Bradford Dillman

Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in

'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago

The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)

Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return Something I could have learned You're indestructible Always believin'

Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)
https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.
News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

WWE wins 'Wrestling Promotion Of the Month' award; Runner-up: Lucha Libre AAA Worldwide

News

Pop Culture Dream Matches: Fantasy Booking

Media Man Series

Team Trump def Team Left
Dana White def Naysayers
Sydney Sweeney def critics
Pauline Hanson def critics
SpaceX def everyone
Mr NXT vs Mr AEW
Conor McGregor vs critics
Sten Lee (Marvel) vs DC Comics (Team Warner)
Mr Netflix vs Mr Paramount
Mr YouTube vs Mr Rumble
Mr Meta vs Mr Bluesky
Mr Crypto vs Mr NWO
Mr Toyota vs Mr Porsche
Tony D'Angelo vs Mr EVIL - NXT (Great American Bash) - June 28
Seth Rollins vs Bron Breakker - WWE Night of Champions - June 27
WWE vs everyone - WWE Satuday Night's Main Event - July 18 - Madison Square Garden, NYC

Best Quotes

"I've never met a currency I didn't like" JBL

"What's your hustle" Paul Heyman

"Just in any job, if you want to get ahead, take shorter lunch breaks, be happy to stay later, do the work, and finish it off well" Gina Rinehart

"Everyone you meet knows something you don't" Fred Schebesta

 

 

 

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition! Part II

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

Spread The Risk!

Before The Bell

"Wall Street Shuffle" (10cc)

"Poker Face" (Lady Gaga)

"Monday, Monday" (The Mamas & The Papas)

Road To WWE Night Of Champions

UFC Freedom 250: Fallout

Past, Present And Future

June 2026

June 16

Markets

ASX 200 futures are pointing down 110 points or 1.2 per cent to 8815.

AUD -0.3% to 70.70US¢

Bitcoin $65,737.37 +0.51%

Wall Street:

Dow +0.9%
S&P +1.6%
Nasdaq +3.1%

VIX down 1.5 points to 16.2
Gold +0.1% to $US4314.55 an ounce
Brent oil -4.4% to $US83.46 a barrel
Iron ore +0.6% to $US102 a ton

10-year yield:
US +4.47%
Australia +4.80%

Cryptos:

Dogecoin: $0.08696 -1.87%

XRP: $1.2172 +3.09%

News (Australia)

Numbers Double Check

Australian Dollar: $0.7073 USD (up $0.0035 USD)

Iron Ore: $102.00 USD (up $0.50 USD)

Oil Price (West Texas): $81.13 USD (down $3.75 USD)

Gold Price : $4,309.36 USD (up $98.46 USD)

Copper Price: $6.4900 USD (up $0.0160 USD)

Dow Jones: 51,671.03 (up 468.77 points)

News (Australia)

ASX rallies on US-Iran deal, BHP hits record

The Australian sharemarket rose strongly on Monday, after the US announced an interim agreement with Iran to end the war and reopen the Strait of Hormuz; the S&P/ASX 200 rose 1.3 per cent to close at 8,914 points. BHP was up 3.6 per cent at a record high of $65.18, Ora Banda Mining advanced 16.3 per cent to $1.28 and Accent Group finished 15.4 per cent higher at $0.75. However, Santos fell 8.1 per cent to $7.42 after a sharp fall in the crude oil price, and Coles Group was down 2.1 per cent at $23.51. (RMS)

Shares

TKO Holdings
$201.17
-1.38 -0.68%

Alphabet Inc Class A
$369.35
+9.67 +2.69%

Paramount Skydance Corp
$10.49
-0.020 -0.19%

News (Australia)

Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake

Gina Rinehart's Hancock Prospecting has bought a $US1 billion ($1.4 billion) stake in rocket and satellite company SpaceX. It represents Hancock Prospecting's biggest investment outside of iron ore, with Rinehart claiming that the Elon Musk-owned company is a further example of "why the world needs more enterprise, more builders and much less bureaucracy". Hancock Prospecting's investment in SpaceX adds to a portfolio that includes stakes in Liontown Resources, Azure Minerals and Tesla. (RMS)

News Lead Up

(ICYMI)

SpaceX IPO Nears, Pushing Elon Musk Toward Trillionaire Status

SpaceX plans to price shares at $135 each on Thursday, valuing the company at $1.77 trillion and raising up to $75 billion in the largest IPO ever, with trading possibly starting Friday on Nasdaq under SPCX. Musk's 42% stake would be worth $740 billion to $866 billion, combined with his $300 billion-plus Tesla holdings pushing his net worth over $1 trillion according to Forbes and Bloomberg estimates. Prediction markets give 96% odds he'll be the first trillionaire by year-end, amid X users celebrating employee windfalls and free markets while others decry economic inequality, with jokes about Musk's riches flying alongside analyst cautions on risks. (Media Man Peg-On): To the Moon, Mars and Beyond. Real Life Iron Man Musk firing on all cylinders. Investors getting stars in their eyes?! Record Breaking Rocket Man!?

News

News Lead Up

(ICYMI)

Gold News

Gold: has it bottomed out at $4,300

Gold is trying to find a bottom, bracing for the US CPI release

China continues to buy gold for the 19th consecutive month

The US dollar retreated after Israel and Iran announced a ceasefire. Donald Trump urged them not to shoot at each other. Nevertheless, the adversaries reserve the right to resume hostilities, keeping tensions high in the Middle East, which supports the greenback as a safe-haven asset.

Investors are fixated on Donald Trump’s determination to strike a deal with Tehran at any cost and are using the positive news to buy EURUSD. However, according to BMO Capital Markets, headlines are noise, whilst regime change is the signal. Oil prices will not collapse following the reopening of the Strait of Hormuz, and high US inflation is set to persist for some time. The new administration will force the Fed to raise rates and make the US dollar the favourite in the forex market. The firm recommends buying the greenback against the euro, the pound and the yen.

This reasoning holds. With low unemployment and a tight labour market, any acceleration in US economic growth will lead to higher wages. This will push consumer prices upwards and prompt the Fed to tighten monetary policy. The federal funds rate could be raised even now. Inflation has long exceeded the 2% target, and the labour market is at its strongest since 2024.

The prospect of the Fed moving towards monetary tightening, combined with rising oil prices due to the escalation of the conflict in the Middle East, has pushed gold back to levels seen at the start of 2026. The precious metal has wiped out all its gains this year due to the strengthening US dollar and rising Treasury bond yields.

Even active buying by central banks is failing to help gold bulls. The People’s Bank of China increased its reserves by 320,000 ounces in May, having purchased gold continuously for 19 months. This is the longest such streak since 2015, when regular publication of these statistics began.

The next test for gold will be the May US inflation report. Consumer prices are expected to rise from 3.8% to 4.2%, and core CPI from 2.8% to 2.9%. Such trends will increase the likelihood of the Fed tightening monetary policy and put pressure on gold.

Summary: Gold is under pressure from a strong dollar and expectations of accelerating US inflation. Even Chinese buying is not helping: the increased likelihood of a Fed rate hike is heightening the risks of a decline. (FxPro)

News

Sports/Gaming

(ICYMI)

Kristen Foxen Wins Sixth WSOP Bracelet and $1.77 Million in High Roller

The Canadian pro topped Galen Hall heads-up in the $25,000 High Roller No-Limit Hold'em 8-Handed event at Horseshoe and Paris Las Vegas, earning a career-high $1,773,083 and pushing her total live earnings over $20.7 million. Hall took second for $1,182,050, with Biao Ding third at $819,504; the final table included Joey Weissman, Ignacio Moron, and others. Foxen's six bracelets now match an elite group of 11 players—twice as many as any other woman—and peers like Patrick Leonard hail her as possibly the best No-Limit Hold'em player in WSOP history. (Media Man Peg-On): Sport, Gambling or both?!

News

Danhausen Claims 7x WWE Grand Slam After Pinning Miz Seven Times

During WWE's Summer Tour stops in Strasbourg, Lisbon, Madrid, Bologna, and Rome from June 2-6, Danhausen racked up clean wins over Miz at non-televised events. He based his bold claim on Miz's real Grand Slam status, prompting fans to joke he's actually 14x and cheer him as the GOAT. While some critics want more TV time, supporters point to his merch success, sold-out crowds, and house show dominance. (Media Man Peg-On): News Hausen, Media Hausen. X News Grand Slam. Danhausen def AEW curse?! Danhausen in New York Knicks good books!

News

Saudi Arabia step up push for direct flights to Australia

Australian cattle exporters have had to contend with limited access to air freight to countries in the Persian Gulf region since the Iran war began, as well as higher frieght costs. However, Saudia Cargo will shortly commence direct flights to Avalon Airport in Victoria and the Toowoomba Wellcamp Airport in Queensland. Australia Saudi Business Council chairman Sam Jamsheedi says this will allow fresh meat from Australia to arrive in Saudi Arabia within 14 hours. He adds that negotiations have commenced for Riyadh Airlines to begin premium passenger flights on Australia-Middle East routes, in competition with established rivals Emirates and Qatar Airlines. (Media Man Peg On): Aussie beef may be the best in the world. Saudi knows quality. Take it to the bank! Aussie lamb takes a back seat?! Don't start us on Kangaroo!

News

(ICYMI)

News Lead Up

Bitcoin News

Bitcoin is losing the confidence of major holders

Market Overview

The crypto market capitalisation has been rapidly shrinking since the start of the new week, falling by 5% to $2.38 trillion, its lowest level since early April. It appears that confidence in the prospects of cryptocurrency has fallen sharply following reports of a largely symbolic BTC sale from Strategy’s balance sheet, which may be followed by more active selling from other holders. We also cannot rule out an ‘Iranian connection’, as reports of seizures of Iranian cryptocurrency undermine the notion of anonymity and untraceability that has long underpinned the crypto market. The solid performance of supposedly anonymous coins fits neatly into this hypothesis. Thus, over the past 24 hours, the top performers have been NEAR Protocol (+14.8%), Internet Computer (+10.2%) and Zcash (+5%). The three worst performers are Stellar (-13.2%), Basic Attention Token (-10%) and Bitcoin (-4.3%).

Bitcoin is accelerating its decline, having fallen to $69K, even though it started the week just above $74K. As expected, the drop below the 50-day moving average a week ago followed more than a week of selling pressure at that level. Technically, the leading cryptocurrency faces relatively few obstacles on its way down to the $65-66K range, but further down, longer-term support may come into play, having halted the decline in February and March.

News Background

According to CoinShares, global investment in crypto funds fell by $1.671 billion last week, marking the largest outflow since January. Investments in Bitcoin fell by $1.438 billion (the largest outflow from BTC this year), in Ethereum by $257 million, in Solana by $1 million, and in Sui by $1 million. Investments in altcoins rose by $20 million in XRP, $11 million in Hyperliquid, and $8 million in Near.

Sentiment towards Bitcoin on social media has reached its most positive level since the start of the year, despite the crypto market’s decline in May, Santiment notes. In the past, such surges in optimism have often coincided with local highs in the asset’s price.

Strategy has sold Bitcoin for the first time since 2022. Last week, 32 BTC were sold for approximately $2.5 million at an average price of $77,135 per coin. The largest corporate holder of Bitcoin, which had previously promised never to sell the asset, will use the proceeds to pay dividends on preference shares.

As a result of the latest adjustment, Bitcoin’s mining difficulty rose by 1.72% to 138.96 T. The figure has returned to its April highs.

Telegram founder Pavel Durov has renamed the cryptocurrency Toncoin (TON) to Gram (GRAM), describing the rebranding as a return to its roots. The blockchain will retain the name TON (The Open Network). No action is required from token holders.

Summary: Bitcoin accelerated its decline towards $69K amid a record outflow from crypto funds and Strategy’s first BTC sale since 2022, heightening fears among large holders. (FxPro)

(Media Man Peg-On): Invest/gamble at own risk!

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a fun and friendly way. Road To The White House and beyond!

News

(ICYMI)

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

January and March

Streaming Wars

The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.

Key Strategies in 2026
Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore

Terry Steyner: Susannah York

Hurry Hirschfeld: Ray Milland

Manfred Steyner: Bradford Dillman

Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in

'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago

The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)

Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)

Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are

Gold (gold)

Glad that you're bound to return Something I could have learned You're indestructible Always believin'

Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)
https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.
News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

WWE wins 'Wrestling Promotion Of the Month' award; Runner-up: Lucha Libre AAA Worldwide

Best Quotes

"I've never met a currency I didn't like" JBL

"What's your hustle" Paul Heyman

"Just in any job, if you want to get ahead, take shorter lunch breaks, be happy to stay later, do the work, and finish it off well" Gina Rinehart

"Everyone you meet knows something you don't" Fred Schebesta

Media Man

 

 

 

Mining/Energy/Resources/Biz/Markets/Pop Culture

The Business Of Everything Edition!

Sin City Sydney Australia, Wall Street, New York, and Beyond The Black Stump

Digital Bush Telegraph

Past. Present And Future

June 2026

June 3

Markets

ASX 200 futures are pointing up 38 points or 0.4 per cent to 8789.

AUD +0.3% to US71.81¢

Bitcoin $66,667.53 -6.48%

Wall St:

Dow +0.5%
S&P +0.1%
Nasdaq +0.03%

VIX -0.28 to 15.77
Gold +0.1% to $US4488.86 an ounce
Brent oil +0.9% to $US95.79 a barrel
Iron ore +0.5% to $US105.10 a ton

10-year yield:
US 4.44%
Australia 4.88%

Shares

TKO Holdings
$204.59
-3.82 -1.84%

Alphabet Inc Class A
$361.85
-14.52 -3.86%

News

Markets

Double Check

Australian Dollar: $0.7180 USD (up $0.0025 USD)

Iron Ore: $105.10 USD (up $0.70 USD)

Oil Price (West Texas): $93.39 USD (up $0.88 USD)

Gold Price : $4,488.92 USD (up $3.96 USD)

Copper Price (CME): $6.6775 USD (up $0.1105 USD)

Dow Jones: 51,307.79 (up 228.91 points)

News

ASX dips on Iran doubts and retail sell-off

The Australian sharemarket edged lower on Tuesday, with the S&P/ASX 200 easing 0.1 per cent to close at 8,724.4 points; the benchmark index had shed more than 1.2 per cent earlier in the trading session. The latest minimum wage ruling weighed on retailer and shopping centre owners, with JB Hi-Fi down 5.4 per cent at $71.05 and Vicinity Centres shedding four per cent to close at $2.42. However, BHP rose 1.4 per cent to a new high of $63.37 and WiseTech Global was up 7.9 per cent at $42.23. (RMS)

News

Mining: Australia

Mining giants fuel surge in renewables financing

Construction of 2.6 gigawatts of solar energy projects has begun in Australia since the start of 2026. Data from consulting firm Rystad Energy shows that nearly 95 per cent of these projects feature a storage battery. Factors such as the falling cost of batteries has boosted investment in solar projects, while Rio Tinto and Fortescue have also ramped up spending on such projects to supply energy to their operations in Australia. Federal Energy Minister Chris Bowen says the 'green' energy rollout is putting downward pressure on electricity prices.

News

Bitcoin News

Bitcoin is losing the confidence of major holders

Market Overview

The crypto market capitalisation has been rapidly shrinking since the start of the new week, falling by 5% to $2.38 trillion, its lowest level since early April. It appears that confidence in the prospects of cryptocurrency has fallen sharply following reports of a largely symbolic BTC sale from Strategy’s balance sheet, which may be followed by more active selling from other holders. We also cannot rule out an ‘Iranian connection’, as reports of seizures of Iranian cryptocurrency undermine the notion of anonymity and untraceability that has long underpinned the crypto market. The solid performance of supposedly anonymous coins fits neatly into this hypothesis. Thus, over the past 24 hours, the top performers have been NEAR Protocol (+14.8%), Internet Computer (+10.2%) and Zcash (+5%). The three worst performers are Stellar (-13.2%), Basic Attention Token (-10%) and Bitcoin (-4.3%).

Bitcoin is accelerating its decline, having fallen to $69K, even though it started the week just above $74K. As expected, the drop below the 50-day moving average a week ago followed more than a week of selling pressure at that level. Technically, the leading cryptocurrency faces relatively few obstacles on its way down to the $65-66K range, but further down, longer-term support may come into play, having halted the decline in February and March.

News Background

According to CoinShares, global investment in crypto funds fell by $1.671 billion last week, marking the largest outflow since January. Investments in Bitcoin fell by $1.438 billion (the largest outflow from BTC this year), in Ethereum by $257 million, in Solana by $1 million, and in Sui by $1 million. Investments in altcoins rose by $20 million in XRP, $11 million in Hyperliquid, and $8 million in Near.

Sentiment towards Bitcoin on social media has reached its most positive level since the start of the year, despite the crypto market’s decline in May, Santiment notes. In the past, such surges in optimism have often coincided with local highs in the asset’s price.

Strategy has sold Bitcoin for the first time since 2022. Last week, 32 BTC were sold for approximately $2.5 million at an average price of $77,135 per coin. The largest corporate holder of Bitcoin, which had previously promised never to sell the asset, will use the proceeds to pay dividends on preference shares.

As a result of the latest adjustment, Bitcoin’s mining difficulty rose by 1.72% to 138.96 T. The figure has returned to its April highs.

Telegram founder Pavel Durov has renamed the cryptocurrency Toncoin (TON) to Gram (GRAM), describing the rebranding as a return to its roots. The blockchain will retain the name TON (The Open Network). No action is required from token holders.

Summary: Bitcoin accelerated its decline towards $69K amid a record outflow from crypto funds and Strategy’s first BTC sale since 2022, heightening fears among large holders. (FxPro)

News

The dollar is back in the game

Rumours of a breakdown in negotiations have reignited investor interest in the US dollar.

The risk of further currency interventions is mounting along with USDJPY.

The US dollar rose by 0.4% on Monday following reports that Iran intended to walk away from negotiations with the US. Tehran’s threat sent oil prices soaring and reignited investor interest in safe-haven assets. Strong macroeconomic data also favoured the bulls on the USD index. However, in the absence of further escalation, the DXY gave back some of its gains, stabilising at 99, roughly in the middle of the range seen over the past two weeks.

The ISM manufacturing business activity index exceeded forecasts, rising to 54, its highest level since May 2022. The Purchasing Managers’ Index has remained in expansionary territory above 50 for the fifth consecutive month, indicating the sector’s strength.

The price component of the PMI fell in May compared with April.

The strength of the US economy allows the Fed to adopt a wait-and-see approach. The futures market puts the odds of the federal funds rate remaining unchanged in 2026 at 51%, with a 49% probability of a hike. According to Rabobank, such assessments suggest limited upside potential for the EURUSD. Two ECB hikes are already priced into the euro exchange rate. However, the longer the Strait of Hormuz remains closed, the more pain the eurozone economy will suffer.

Until now, the markets have been optimistic about the US-Iran deal. However, a partial escalation of the conflict, along with rumours that Tehran is withdrawing from the negotiations, is making investors nervous. What if the current dialogue with the Islamic Republic ends the same way as all the previous ones, i.e., in failure?

As the USDJPY moves higher, the intensity of the government’s verbal interventions is increasing. Finance Minister Satsuki Katayama is using the same rhetoric she used ahead of the previous currency market intervention. She asserts that the authorities are ready to take appropriate measures at any time, as necessary. Tokyo is in close contact with Washington regarding the situation in the Forex market.

Japan holds colossal foreign exchange reserves of $1.17 trillion, which, according to Goldman Sachs, would allow it to intervene in the market at least 30 times. However, a significant portion of these reserves consists of US Treasury bonds, the sale of which would raise their yields and is therefore not welcomed by the US Treasury.

Summary: Rumours of a breakdown in US-Iran negotiations supported the dollar, while strong US data boosted demand. Rising USDJPY increases the risk of currency intervention in Japan. (FxPro)

News

Pop Culture

Tomb Raider: Legacy of Atlantis Sets February 2027 Release

Crystal Dynamics revealed Tomb Raider: Legacy of Atlantis during PlayStation's State of Play, locking in a February 12, 2027 launch on PS5, Xbox Series X|S, PC, and Nintendo Switch 2. The trailer showcases puzzle-filled ruins, raptor battles, and a nod to the 1996 original's Scion quest, blending nostalgia with modern traversal and combat. Pre-orders are open now, with Standard at $59.99 and Deluxe at $69.99 offering early access and extras like exclusive outfits. (Media Man Peg-On): The Legend Lives On!

News

Gaming/UFC

EA Sports UFC 6 Revives Open Weight Class Selection for Ranked Matches

EA Sports UFC 6 restores open weight class selection in Prospect ranked ladder placement matches, letting players choose divisions freely just weeks before the June 19 launch on PS5 and Xbox Series X|S. The feature, a hit in the first three games, was dropped in UFC 4 and 5 for rotating classes but returns alongside revamped fighter ratings and Flow State perks to mix up matchups. Streamers like Liam Healy hail it as a game-changer, though some note potential matchmaking issues in lighter divisions and lament the lack of PC support at launch. (Media Man Peg-On): The best of both worlds. Ground and pound and strike action. Take down your gaming store today, in a food and friendly way. Road To The White House?!

News

Streaming/Netflix

Netflix Greenlights War Machine Sequel After Massive Hit

The sci-fi action film War Machine, directed by Patrick Hughes and starring Alan Ritchson, launched on Netflix March 6, 2026, and racked up 39.3 million views in three days, topping charts in 93 countries for a total of 139 million views. Its success prompted a quick sequel greenlight, with Hughes returning to direct and co-write alongside James Beaufort. Ritchson is expected to reprise his role as the battle-hardened engineer, building on the gritty thrills that blended military realism with Predator-style action. (Media Man Peg-On): The Big N on fire. Going all guns blazzing. Netflix for the win!

News

Lucha Libre

Chad Gable Unmasks in Epic AAA Mask vs. Mask Win for Ludwig Kaiser

On May 30 at AAA's Noche de los Grandes in Arena Monterrey, WWE's Ludwig Kaiser, as fan-favorite El Grande Americano, defeated the Original version in a 33-minute brutal match filled with suplexes, ankle locks, and chair shots, pinning with his running headbutt. The reveal showed Chad Gable underneath, who graciously handed over his mask and promised a return. The bout earned massive praise, including Dave Meltzer calling it Gable's career-best and JBL naming him the world's top wrestler, plus over 2 million YouTube views and top ratings from fans and insiders. (Media Man Peg-On): An al time classic. Legendary!

News Flasback

January 2026

Sports Business

Banks called for tennis overhaul

The Professional Tennis Players Association is seeking advice from investment banks and other financial advisory firms on the creation of a new structure for professional tennis. The PTPA is proposing a structure that would involve three tiers, with the first, to be known as the Pinnacle Tour, to include 16 of the sport's most prestigious events including the grand slams. As part of the new structure, players would be guaranteed minimum levels of compensation, including $US1 million ($1.5 million) for those ranked in the top 100, while Tennis Australia has indicated it is supportive of the PTPA's plans (RMS)

News Flashback

January 2026

Sports Business

Tennis fans back AO's bold vision to revolutionise sport

Tennis Australia CEO Craig Tiley has outlined a vision for the Australian Open that includes drone-powered food and drink services and no match officials on court. His plans are part of Tennis Australia's goal of maintaining the Open's status as the biggest of the four grand slams by attendance, with more than 1.2 million attending last year's event. Most fans attending the Open are supportive of Tiley's vision, although some are worried it might be getting too big for its own good. Graham Bradley, who is a former director of Tennis Australia, says that "we don't apologise for the fact that we're in the entertainment business, as well as the sporting business". (RMS)

News

News

Heavy Industry News

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News Flashback

Early 2026

Streaming Wars

The "Streaming Wars" refers to the intense competition among digital media platforms to dominate the subscription video-on-demand (SVOD) market by capturing and retaining global audiences.

As of early 2026, the landscape has shifted from a period of rapid expansion into a phase of major consolidation and a focus on profitability over subscriber volume.

The "Winner" and Current State (2026)

Netflix Dominance: Industry analysts increasingly cite Netflix as the victor. In January 2026, Netflix reported 18% year-over-year revenue growth and is currently pursuing a high-stakes $83 billion all-cash acquisition of Warner Bros. Discovery’s studio and streaming assets (including HBO/Max).

The "Big 3": Despite fierce competition, the market is primarily dominated by Netflix, Amazon Prime Video, and Disney+.

YouTube's Rise: Some experts argue YouTube is the true winner of the broader attention economy, surpassing traditional streaming services in total viewership by pivoting back to user-generated content.

Key Strategies in 2026

Consolidation: Smaller or struggling services are being shuttered or merged. For example, Disney recently shut down Hulu as a standalone service.

Monetization Shifts: Platforms have moved away from "growth at all costs" to strategies like password-sharing crackdowns, ad-supported tiers, and price hikes.

Live Sports & Events: Services are increasingly bidding on live sports rights (e.g., Netflix hosting WWE's Raw starting in 2025) to differentiate their offerings.

Bundling: To combat "subscription fatigue," platforms are forming strategic partnerships with telecommunications companies and banks to offer bundled service hubs.

Consumer Impact

Price Hikes: Many consumers are canceling services due to rising costs; over 40% of Americans cited price as their primary reason for unsubscribing in late 2025.

Resurgence of Piracy: Fragmented content and high costs have led to a significant comeback for pirate sites, which some users now find more comprehensive than paid services.

"South Park: The Streaming Wars": The term was popularized in mainstream culture by a 2-part South Park special released on Paramount+ in 2022, which satirized the industry's aggressive competition.

News/Profile

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Gold (1974)

Gold is a 1974 British action-thriller directed by Peter R. Hunt, starring Roger Moore and Susannah York. Based on the 1970 novel Gold Mine by Wilbur Smith, the film is set in the South African goldfields and follows a conspiracy by a global syndicate to manipulate the price of gold by sabotaging a rich mine.

Plot: Rod Slater (Moore), a newly appointed general manager, is manipulated by his boss, Manfred Steyner (Bradford Dillman), into drilling through a protective barrier into a subterranean lake. This is intended to flood the mine, causing a global gold shortage and driving up prices for a greedy cabal.

Production Controversy: The film was controversially shot on location in South Africa during the apartheid era. This led to a "black ban" by British film unions, though some crew members defied it to work on the production.

James Bond Connection: Many crew members were veterans of the James Bond franchise, including director Peter Hunt (On Her Majesty's Secret Service), editor John Glen, and title designer Maurice Binder.

Accolades: The film received an Academy Award nomination for Best Original Song for "Wherever Love Takes Me," composed by Elmer Bernstein and sung by Maureen McGovern.

Cast & Crew

Rod Slater: Roger Moore
Terry Steyner: Susannah York
Hurry Hirschfeld: Ray Milland
Manfred Steyner: Bradford Dillman
Farrell: John Gielgud

Director: Peter R. Hunt

Music: Elmer Bernstein

Availability in 2026

As of 2026, the film is available through several formats and platforms:

Streaming: Accessible on Prime Video, Tubi, and Roku devices.

Physical Media: High-definition restorations are available on Blu-ray and DVD from Kino Lorber and 88 Films

News

Pop Culture

"Gold" (Spandau Ballet)

"Gold" is a signature 1983 hit by the British New Romantic band Spandau Ballet, written by Gary Kemp.

Lyrics

Thank you for coming home I'm sorry that the chairs are all worn I left them here, I could have sworn These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Thank you for coming home I'm sorry that the chairs are all worn I left them here I could have sworn
These are my salad days Slowly being eaten away Just another play for today Oh but I'm proud of you but I'm proud of you

Nothing left to make me feel small Luck has left me standing so tall

Gold (gold)
Always believe in your soul You've got the power to know You're indestructible Always believe in
'Cause you are
Gold (gold)
Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

Oh after the rush has gone I hope you find a little more time Remember we were partners in crime It's only two years ago
The man with the suit and the face You knew that he was there on the case Now he's in love with you he's in love with you

My love is like a high prison wall But you could leave me standing so tall

Gold (gold)
Always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are
Gold (gold)
Glad that you're bound to return There's something I could have learned You're indestructible Always believin'

My love is like a high prison wall And you could leave me standing so tall

Gold (gold)
Oh always believe in your soul You've got the power to know You're indestructible Always believe in 'Cause you are
Gold (gold)
Glad that you're bound to return Something I could have learned You're indestructible Always believin'
Songwriter: Gary James Kemp

Spandau Ballet - Gold (HD Remastered)
https://youtube.com/watch?v=ntG50eXbBtc

Official video of Spandau Ballet performing 'Gold' from their 1983 third album 'True'.

Gary Kemp wrote both the music and lyrics; the song was produced by the partnership of Steve Jolley and Tony Swain. The music video was filmed on location in Carmona, Spain and directed by Brian Duffy. The video featured Sadie Frost as a gold-painted nymph, in one of her earlier roles. Some parts of the music video were also filmed in Leighton House, which was also used in the video for "Golden Brown" by The Stranglers.

Spandau Ballet are one of Britain’s great iconic bands having sold over 25 million records, scored numerous multi-platinum albums and amassed 23 hit singles across the globe since their humble beginnings as a group of friends with dreams of stardom in the late 1970s. It wasn’t long before they became fully-fledged members of the iconic Blitz Club scene and established themselves as one of the super-groups of the 80s.

The band's classic line-up features brothers Gary and Martin Kemp on guitars, vocalist Tony Hadley, saxophonist Steve Norman and drummer John Keeble.

Spandau Ballet’s hits include Gold, True, To Cut A Long Story Short, Through The Barricades and many more.

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News Flashback

The Business Of Branson, by Tara Weiss - 17th October 2008
(Credit: Forbes)


As you might imagine, Sir Richard Branson finds most business advice books boring and esoteric. So when writing his latest book, Business Stripped Bare: Adventures of a Global Entrepreneur, he stayed away from dos and don'ts.

Instead, he packed it full of examples from his experience building the Virgin Group. There's the story about the cleaning lady at the Manor Recording Studios Branson made into the managing director of Virgin's recording division. And then there's the masseuse of Virgin Atlantic who became manager of the Kasbah, Virgin's hotel in Asni, Morocco.

His point: "We look for people who can grow into their work and respond with excitement when we give them greater responsibility," he writes. "Jobs, after all, can be learned."

Sir Richard recently called from his Caribbean Island, Necker, to discuss finding the right staffers, learning from mistakes and his new spaceship. Here's an edited version of the discussion:

Forbes.com: This book is business 101, Branson-style. But you don’t seem like the kind of person who would even read a business book. How is this book different from other business books?

Branson: I don't read a lot of business books, but when I'm at book stores I open them and find a long list of dos and don'ts. I find that boring. I tried to write a book that is effusing personal experiences and hopefully helping people who want to set up a business. People need to get out there and try new things and learn by falling flat on their face. It's like the laws of the jungle. They'll learn a lot more.

Does your advice for managers or business owners change as a result of the financial crisis?

The basic rules still apply. Protect the downside. When we bought our first 747 from Boeing (nyse: BA - news - people ) we didn't know whether the airline would be successful. We did a deal with Boeing where we could hand it back at the end of the first year if anything went wrong. Our downside was protected. We wouldn't bring the record group down if the airline business didn't work out. The banks today have forgotten that basic rule. They didn't plan for the worst eventualities and wound up bankrupting the whole of the banking system as a result.

You talk a lot about the importance of your staff. What are the biggest mistakes hiring managers make when bringing on staffers?

Some companies rely too heavily on the CV and not enough on personality. You can find able graduates with great CVs, but finding people who have great personalities who are good at motivating people and care about people, that's trickier. If you put the wrong character into a company, you can upset everybody. If you can get the right person who is good at motivating, delegating and doesn't use the "I" word very much, then you have a great, happy company.

We have a philosophy at Virgin of trying to promote from within. The advantage is you know someone's weaknesses and strengths when they get promoted. We often promote people above the position they'd expect. I've had the cleaning lady running the record studio. I've had someone who was a flight attendant managing a hotel. She worked her way up.

How did you figure out the cleaning lady would be good at running the record studio?

She had personality and was great with people. She knew that motivating people is the number one strength at being a good manager.

Have you ever had to lay anyone off personally?

I'm not good at it. I'll go through extraordinary lengths to avoid it as a company. If someone doesn't work out at one company, rather than thinking they're not good for us, we'll put them in another position.

What advice would you give managers who have to deal with layoffs at their company? It's something so many managers are dealing with today.

Take everybody out and have a staff party. You need to get across to people that the cuts made are as far as the company needs to go. By working hard we can get people back who have been laid off. It's important that the staff enjoys the company since most of our adult life is spent working.

Let's switch topics. How's your spaceship, Virgin Galactic, coming?

The mothership is finished and will be flying next month. The spaceships themselves are being built. The first ship will start test flights in 12 months. Hopefully within 18 months to two years we'll take up our astronauts.

What will a flight be like? Just up and down?

Our first flights will be about a three-hour flight from liftoff going into space. People will go up to 60,000 feet attached under the mothership. The spaceship will drop away. Passengers will then unbuckle their seatbelts and float around, look out the windows and check out the earth.

The word maverick has been thrown around a lot during the U.S.'s current presidential election season. That's a word that's been used to describe you. Who is more of a maverick: You or John McCain?

I'm going to dodge the question.

Profiles

Richard Branson

Virgin Enterprises Limited