I wrote a couple of years ago about the struggle that Melbourne Talk Radio (MTR) would face in establishing a strong radio presence in Melbourne, especially given the existing players in the market namely Fairfax-owned 3AW and ABC 774. Since the well-publicised launch of the station back in April 2010, the station has continued to receive… Continue reading MTR continues to struggle
After much speculation Ten Network Holdings Limited has today announced that former interim-CEO and current TEN shareholder Lachlan Murdoch has been elected as the company’s Chairman. This move means that TEN’s existing Chairman Brian Long will become Deputy Chairman and Lead Independent Director. In TEN’s press release Brian Long said: “The Board is pleased that Lachlan has agreed… Continue reading Lachlan Murdoch elected as TEN’s new Chairman
Ten Network Holdings today announced the appointment of a new Chief Executive Officer, Seven Media Group’s Chief Sales and Digital Officer James Warburton. The announcement comes after the Ten board last week removed long-time CEO Grant Blackley . As a result of the announcement Lachlan Murdoch steps down as Acting CEO. Today’s announcement followed a… Continue reading Packer resigns, Warburton in…the media circus continues
Consolidated Media Holdings (CMH) issued a media release today that a subsidiary of Seven Group Limited had requested a copy of CMH’s register of members and register of information about relevant interests. According the media release, CMH will comply with Seven’s request pursuant to the Corporations Act. This request by a Seven Group Limited subsidiary… Continue reading Game on for Fox Sports!
The recent frenzy of Investment bank and private equity takeovers of Australian companies such as the Seven and Nine Networks and the retail institution of Myer, has put the Australian Stock Market on notice for who will be next on the takeover targetâ€™s list. With Macquarieâ€™s failed bid for QANTAS, it would seem that a… Continue reading Will the sun set on Telstra?