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Dancing girls, juggling lead to a TV empire
AFR Classic | As part of our 70th anniversary, the Financial Review is reproducing classic stories. A fruit barrow was the unlikely start for budding media mogul Bruce Gordon, who helped kick off a television takeover wave, wrote Jefferson Penberthy on March 26, 1980.
Mr Bruce Gordon, whose Wollongong television station WIN 4 is making a $6 million bid for control of Canberra Television Ltd, says that his company would be prepared to stand in the market for all the shares of the Canberra station, valued at around $12 million, plus assets.
Earlier this year, his Wollongong company was unsuccessful in a $14 million bid to buy John Fairfax Ltd’s 60 per cent interest in QTQ 9 Brisbane, a station sold to Amalgamated Wireless (Australasia) Ltd.
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