IF there were any doubts that James Packer’s Publishing and Broadcasting Ltd was focusing its resources almost entirely on casino investments ahead of its split later this year, they should be erased after the company yesterday briefed analysts in Sydney on its plans.
THE Nine Network was in disarray last night, with suggestions its most famous identity, Ray Martin, was about to follow news boss Garry Linnell out the door.
A JUDGMENT is imminent in one of Australia’s most expensive legal cases, the C7 case, with parties to the $200 million court battle – including some of the country’s largest media companies – told to expect a final ruling by the end of the month.
AMID yesterday’s hoopla about the latest major Australian media merger, the forgotten man was Southern Cross Broadcasting chief executive Tony Bell, who looks set to quietly pocket more than $10 million just from the takeover of the group.
JOHN Howard’s former right-hand man, Max “The Axe” Moore-Wilton, will today be crowned Australia’s regional broadcasting king.
THE Fairfax Media group and Macquarie Bank offshoot Macquarie Media are understood to be preparing a bid for Southern Cross Broadcasting, sources close to the deal have revealed.
TOP-LEVEL board and management moves have continued at Fairfax Media in the wake of its merger with Rural Press, with Perpetual chairman and former IBM Australia chief executive Robert Savage joining the company’s board.
TOP-LEVEL changes at James Packer’s Publishing and Broadcasting Ltd empire have started to take effect at the money-spinning vehicle that owns the Fox Sports channels, Premier Media Group.
CANADIAN group CanWest Global Communications is believed to be planning to hang on to its majority stake in Ten Network Holdings, amid a struggle to attract a satisfactory price for its shares.
MINORITY shareholders in James Packer’s Publishing and Broadcasting Ltd may yet get a chance to vote on the sale of a majority stake in one of Australia’s biggest media empires, as the Australian Stock Exchange investigates the apparent change in control of PBL Media, which owns the Nine Network and ACP Magazines.
Original URL: https://www.theaustralian.com.au/author/nick-tabakoff/page/73