Business
US media giant CBS’s $41 million takeover of the Ten Network is set to proceed, with a court approving the transfer of all shares in the local network to the American company.
News
Ten Network’s billionaire shareholders Lachlan Murdoch and Bruce Gordon have signalled their intention to take over the besieged network, seeking a review of a joint bid from the competition regulator.
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Key Ten Network shareholders Lachlan Murdoch and Bruce Gordon have teamed up to work on a plan to save the broadcaster after it went into voluntary administration.
Ten Network has announced it will go into voluntary administration, a day after its billionaire shareholders refused to back a new finance package.
Ten Network’s future has been thrown into doubt after its billionaire shareholders decided not to support a new funding deal for the loss-making commercial free-to-air broadcaster.
The embattled Ten Network appears to have signed on as the A-League’s free-to-air TV partner in conjunction with Fox Sports.
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