A mixed day, even for media punters

The sharemarket ended flat after a mixed day of trading.
At the close, the ASX 200 had risen 14.1 points to 4946.3 while the All Ordinaries gained 13.5 points to 4907.2.
On the Sydney Futures Exchange the March share price index contract firmed 13 points to 4944, a 2.3 discount to the physical, on 44,475 contracts.
The media sector was mixed after yesterday's announcement of proposed changes to media laws prompted a flurry of speculative trading.
News Corp edged 2c higher to $24.17, its non-voting scrip down 7c at $22.73; and PBL fell 14c to $17.45. Southern Cross Broadcasting, which analysts have tipped as a possible takeover target under the new laws, put on 25c to $12.50 while Ten gained 7c to $3.27.
Westpac led gains among the big four banks, rising 15c to $23.92 while the Commonwealth rose 4c to $44.16.
But the National sank 39c to $36.41 and the ANZ dropped 13c to $26.03.
Telstra dipped 4c to $3.82 but Optus owner Singapore Telecommunications gained 2c to $2.26.
Energy utility Alinta gained 1c to $10.71 after it said it might launch a hostile takeover bid for Australian Gas Light, which was up 2c at $18.60.
Miller's Retail surged 20c to $1.50 after announcing it had more than doubled its first half net profit from continuing operations to $16.93 million.
Gold Coast developer Sunland Group jumped 29c to $2.16 after the Packer family's CPH said it would invest more than $70 million to help the company's Middle East expansion plans.
The Sydney spot price of gold closed at $US550.925 per fine ounce, $US7.075 higher than Wednesday's close.
Australian goldminer Newcrest gained 10c to $21.00 while US miner Newmont edged up 1c to $6.70. AngloGold Ashanti gained 12c to $13.23 but Bendigo was down 6c at $2.25.
BHP Billiton gained 26c to $23.90 while Rio Tinto fell 5c to close at $69.40.