News Articles for Ten Network Holdings

Network 10 to axe three local bulletins

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Network 10 is axing local bulletins in Perth, Adelaide and Brisbane under a major restructure of its news operations.

Third candidate joins race for Perth mayor

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Former Channel 7 reporter and current 6PR weekend presenter Mark Gibson has declared he will run for Lord Mayor of the City of Perth in October's election, becoming the third candidate to announce a bid for the top job.

Court grants approval to Ten-CBS takeover

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

US media giant CBS's $41 million takeover of the Ten Network can proceed, with a court approving the transfer of all shares in the local network to the American company.

Ten takeover gets foreign investment tick

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The Foreign Investment Review Board will not oppose the sale of the Ten Network to CBS, leaving one last obstacle to the takeover of the troubled free-to-air broadcaster by the US media giant.

CBS's Ten deal 'bad for Seven and Nine'

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The sale of the Ten Network to US media giant CBS would likely cause havoc for rival broadcasters Seven West Media and Nine Entertainment, a senior analyst has warned.

Murdoch, Gordon still mulling Ten move

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Failed Ten Network Holdings bidders Bruce Gordon and Lachlan Murdoch may be analysing their own independent expert's report ahead of making a decision on challenging the sale of Ten to CBS, a court has heard.

Ten creditors vote in favour of CBS bid

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Ten Network creditors have voted to accept CBS's bid for the embattled broadcaster, rejecting a rival proposal from Bruce Gordon and Lachlan Murdoch.

Gordon loses Ten case

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Bruce Gordon has failed in his attempt to derail CBS's takeover of Ten Network after the NSW Supreme Court ruled the embattled broadcaster's administrator gave creditors sufficient information about his rival bid.

CBS seals Ten refinance deal

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

US broadcast giant CBS has made a $143 million loan to the Ten Network Holdings to refinance the struggling local outfit's debt - advancing its interest even as a potential challenge to its takeover still stands.

Class action threat over CBS Ten bid

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Disgruntled Ten Network Holdings shareholders are considering a class action against the troubled network as they face receiving no compensation for their stock under the takeover proposed by US media giant CBS.

US broadcaster CBS buys Ten

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Ten Network Holdings has been bought by US media giant CBS in a deal that should keep Australia's third commercial free-to-air broadcaster on air.

Murdoch, Gordon cleared for Ten takeover

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The Ten Network Holdings' billionaire shareholders Lachlan Murdoch and Bruce Gordon have been given the all-clear by the competition watchdog to make a joint takeover bid for the troubled free-to-air broadcaster.

Ten learned Packer was walking away in May

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Ten Network says it did not tell shareholders that James Packer was pulling the plug on his financial support for the troubled broadcaster because his backing was not a factor in its share price.

Programming, ads key in ACCC's Ten concerns

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The competition watchdog is examining whether a Lachlan Murdoch-Bruce Gordon takeover of Ten Network Holdings will impact the television programming, sports broadcasting and advertising industries.

$30m funding package to keep Ten going

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Troubled broadcaster Ten Network has secured a $30 million funding package so that it can keep operating while receivers and managers look to sell or recapitalise the business.

Administrator says Ten 'has cash to continue'

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Ten Network creditors have met with newly appointed administrators to begin the process of trying to keep the embattled TV broadcaster afloat.

Buyer or new finance deal for Ten: Korda

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Ten Network Holdings' newly appointed administrators have pledged to keep the business running as they decide its future, saying they are confident of either rebuilding the broadcaster's finances or finding a willing buyer.

Ten looking for new debt lifeline

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Ten Network must find new financiers or face the possibility of going into administration after billionaire shareholders Lachlan Murdoch and Bruce Gordon refused to back a new funding deal for the loss-making commercial free-to-air broadcaster.

Fairfax shares jump 3% on TPG proposal

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Fairfax Media shares have jumped to a five-week high after the struggling company's board said it was considering an unsolicited $2.2 billion proposal to split up its businesses, while a reduction in television licence fees planned for the budget has boosted listed TV networks.

Regional WA loses Nine in broadcast standoff

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Regional television viewers in Western Australia have lost Channel Nine coverage after negotiations between the national TV player and a broadcast joint venture between Prime and WIN failed to reach an agreement last night.

Board Moves - Feb 5-8 2016

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Aleator Energy has appointed Brydie McKee as its chief executive officer and Angus Parker as chief technology officer.

Ten wants urgent overhaul of media rules

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

The need to overhaul Australia's 40-year-old media regulations is now urgent for domestic players trying to compete with international rivals, Ten Network chairman David Gordon says.

Townsend heads new MCN office

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Media sales firm Multi Channel Network has appointed Paul Townsend as sales director and head of its newly opened Perth office.

Changing face of media consumption

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Digital media is growing its presence in WA's mass market as familiar names fight to stay relevant.

Rinehart buys large stake in Ten Network

Bookmark

Save articles for future reference.

Subscribe to BN Log In

Share to

• Facebook
• X
• LinkedIn

Gina Rinehart has taken a substantial stake in the Ten Network after spending more than $165 million on shares over the last two weeks.