Media stocks toll bell on slowdown
TO trained observers, media companies are the canaries in the coal mine when it comes to assessing the health of the economy.
TO trained observers, media companies are the canaries in the coal mine when it comes to assessing the health of the economy.
MANY of the major sporting codes will side with the pay-TV industry against possible moves by to remove restrictions on premium sports.
Consolidated Media Holdings shares hit their lowest level since James Packer split the company from his gaming assets late last year.
THE two top executives at Fairfax Media, David Kirk and Brian McCarthy, the architects of 550 jobs cuts, have earned record pay.
A DEAL between PBL Media’s Nine Network and the Alice Springs-based Imparja Television to sell Nine’s Darwin operations is believed to have fallen through late last week.
JAMES Packer’s Consolidated Press Holdings has surprised market watchers by making a fresh media play.
AUSTRALIA’S best-known broadcaster, Alan Jones, will return to the airwaves by the middle of next month, bolstering the prospects of John Singleton’s Macquarie Radio Network maintaining profit levels as it battles a general advertising downturn.
A LEGAL stoush has emerged between Australia’s music industry and the country’s largest internet service provider, BigPond, over the potentially explosive issue of copyright infringement.
AT least two new media analysts have downgraded the value of PBL Media — the private-equity vehicle that contains the Packer family’s one-time flagship media assets, the Nine Network and ACP Magazines — to zero, after it reported a weak profit this week.
LESS than a week out from the release of Fairfax Media’s full-year result, an unnamed institution has sold a 1.65 per cent stake in the company at a discount to the company’s prevailing market price.
Original URL: https://www.theaustralian.com.au/author/nick-tabakoff/page/69