Ten Network

Fairfax snubs Rinehart

Gina Rhinehart.

Kirsty Simpson Fairfax Media ignores a push by the world's richest woman Gina Rinehart for a board seat, instead appointing former Ernst & Young chief executive James Millar.

Ten Network profit plunges 90.5 per cent

Watching television.

Profit plunge as broadcaster looks for answers in strategic and operational review.

Ten Network inquiry now looking at four billionaires

Colin Kruger THE competition regulator has confirmed its investigation into James Packer and Lachlan Murdoch's acquisition of Ten Network shares will also include the broadcaster's other billionaire shareholders,...

Packer, Murdoch accept Ten Network board roles

Tim Dick The first phase of the battle for the Ten Network has ended, with James Packer and Lachlan Murdoch accepting Ten's offer to join its board next month.

Ten Network dumps CEO

Business_TEn

Tim Dick MEDIA EDITOR NETWORK TEN is again in turmoil after Grant Blackley was dumped as its chief executive - after just 70 days in the top job.

Debt-ridden CanWest sells majority stake in Ten Network

Dan Oakes THE ailing media company CanWest has put an end to months of speculation by selling off its majority stake in Ten Network.

Ten Network posts $89m annual loss

Ten Network Holdings Ltd has posted an $89.35 million annual loss but says there are signs of an improvement in the advertising market.

Rinehart misses out on Fairfax board seat

Gina Rinehart.

Kirsty Simpson Fairfax ignores a push by Australia's richest woman Gina Rinehart for a board seat, instead appointing ex-Ernst & Young CEO James Millar.

Battered media sector keeps its fingers crossed

Foxtel
Photo Michele Mossop
Wednesday 11th march 2009
Foxtel inside the control room - generic cable TV HD High definition media advertising television SPECIAL 102421

Kirsty Simpson Buying into the local media industry is one for the brave-hearted, analysts agree.

News shareholders shrug off market bloodletting

News Corp.

Kirsty Simpson A day after British police laid their first hacking-related charges since News Corp's British newspaper scandal erupted last year, shareholders in Australia again shrugged off the revelations - with...

May the Games revenue stream begin

Harold Mitchell dinkus

Harold Mitchell Every four years some lucky city gets the chance to remake its future and fortunes.

ASX generous in ConsMedia disclosure

Ian McIlwraith Talks of James Packer selling might be ‘‘very preliminary’’, but once the cat was out of the bag, ConsMedia should have made a statement.

Packer's dice appear loaded against pay TV

Ian Verrender Depending on which side of the fence you sit, gambling is either one of the great scourges of modern life or a fabulous means by which to earn a fortune.

Packer rolls dice while reaching for Star

Ian Verrender dinkus.

Ian Verrender A rising stake in gambling looks set to be balanced by a falling interest in media.

Overhaul media laws: review

A.R.L PRESS CONFRENCE;950411;SYDNEY;PICS STEVE CHRISTO;STORY STEVE MASCORD..DENIS FITZGERALD OUTSIDE LEAGUE HEAD QUATERS Media scrum

Kirsty Simpson Media laws would be scrapped and replaced, under proposals put to the federal government.

Packer in talks to exit media sector

Packer

Billionaire James Packer has held talks about a possible takeover of his Consolidated Media group, which owns a 25% stake in Foxtel.

Billionaires' winter of discontent

packer

Michael Evans There has never been more of them and they've never been worth so much. They are younger, more vocal, and in more of a hurry than ever.

Australian business news digest - April 26

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.

Ten profit sinks 70% on weak ad market

Ten

Kirsty Simpson Ten Network says its first-half profit fell 70% from a year earlier as a weak advertising market took its toll.

Network needs new recipe for success

Elizabeth Knight It was in October 2010 that James Packer and Lachlan Murdoch conducted their raid on Ten Network stock. The company's shares were languishing at about $1.