Struggling game maker takes on onerous loan to stay afloat
Game developer Mighty Kingdom has raised money at an onerous rate to keep the lights on but says it is still working on corporate opportunities which could deliver value.
Victoria Business
Goldman Sachs gives Foxtel deal the tick of approval
News Corp will have a stronger earnings profile and be better focused on its digital property growth drivers following the sale of Foxtel to DAZN, Goldman Sachs says.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
Howzat! Behind DAZN’s quest to become Netflix of sport
The UK sports streaming operator has big plans for the way the world watches sport – and Foxtel is set to become a key part of this.
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CSL defends executive pay after protest vote
CSL has argued its executive pay levels are below the global median for companies in its field, after copping a first strike against its remuneration report from shareholders.
ASX strike needs to be turning point for sorry exchange
The exchange operator must fundamentally change if it wants to stay relevant. Hopefully this upheaval is the start.
Leaked: Melb developer’s incentive to join luxe South Yarra gym
Wealthy property developer Tim Gurner, who once claimed “arrogant” workers need to be sacked, is charging eye-watering fees for memberships to his gyms. See the video and full list of what’s included.
Blindsided bride calls off wedding over $9k Uber Eats debt
Barefoot Investor tells a bride-to-be who discovered her fiancé’s $9000 Afterpay and Uber Eats debt to ‘give love a chance’ before kicking him to the kerb.
Why Qantas has to tackle ghosts of past to move forward
Qantas is soaring while conditions are good but when the cycle inevitably turns negative, this will test the airline’s commitment to changing its ways.
Australian Clinical Labs lashed by protest vote on pay
Australian Clinical Labs’ remuneration report has drawn a stern rebuke from shareholders, despite modifications to the chief executive’s pay structure announced in recent weeks.
Share tips: a global flavour for your stock portfolio
Our experts’ buy, hold and sell recommendations this week have an international element. See their top suggestions.
ResMed boss hypes new product launch as profit surges
A revolutionary new product and strong tailwinds from wearables are providing momentum for the already surging ResMed, the company’s boss says.
GFG rail haulage suspended over ‘contractual issues’
Rail operator Aurizon has suspended some services to GFG Alliance’s Whyalla operations, just days after GFG head Sanjeev Gupta reiterated his commitment to returning to profitability.
APA rejects calls to abandon Beetaloo
The company has doubled down on the importance of gas in the energy transition, rejecting calls to abandon contentious fracking projects in the Beetaloo Basin.
Original URL: https://www.themercury.com.au/business/victoria-business/page/20