THE Federal Court is the last remaining obstacle to a $3 billion merger of Perth billionaire Kerry Stokes WesTrac heavy equipment business and the Seven Network, following overwhelming approval of Seven's minority shareholders this week.
Perth will be home to the country's fastest wireless broadband service early next year as the Seven Network commits $50 million towards the rollout of the 4G network.
Seven Network Ltd has denied it was involved in heavy buying of WA Newspapers Holdings Ltd shares last week which resulted in a small spike in the publisher's share price.
The Seven Network Ltd has drawn in some of the big names in local advertising - such as property developer Nigel Satterley and car dealer Brian Gardner - to help deflect conflict concerns its bid for board seats at WA Newspapers Holdings Ltd.
The directors of WA Newspapers Holdings Ltd have highlighted Seven Network Ltd's riskier investment profile, as they have sought to repel the rival media company's boardroom moves.
Ever since Kerry Stokes' Seven Network Ltd made a pre-emptive strike on the WA Newspapers Holdings Ltd share register in late 2006, everyone in Perth has been wondering when he would throw his weight around. Today he did just that.
Moves by the Seven Network Ltd to secure a strategic stake in West Australian Newspapers Holdings Ltd has prompted speculation as to whether the network is seeking a bargaining position in the current media shake-up, or if it marks the start of a calculat
THE $72.8 million purchase of the Golden West Network by the Seven Network was given the green light by the buyer's small group of shareholders at a meeting in Melbourne.
Television broadcaster Seven Network Ltd is expected to report a slightly improved half year net profit before abnormals on Monday but program and acquisitions costs could hurt the bottom line, analys
The Seven and Ten television networks will match the $780 million offer by rival Nine Network, owned by Publishing and Broadcasting Ltd, to acquire the Australian Football League rights for 2007-2011.
