Prime Media Warns Of ‘Depressed’ Ad Revenue
Prime Media has warned that regional advertising revenue will continue to be depressed throughout the 2020 financial year. It comes after the... Read More
Seven Media Wobbles Future Looks Bleak, ACCC Key
The pressure that free to air networks are facing has been revealed with Seven West Media is reporting a $67m loss on... Read More
Seven’s Compromise After Prime Vote Fail
After its $64 million acquisition offer was rejected by Prime stakeholders this morning, Seven West Media has acquired a large stake of... Read More
Optus To Broadcast Premium Olympic Events From Seven Coverage
Select ‘premium live events’ of the 2020 Tokyo Olympics will be broadcast in 4K Ultra HD exclusively to Optus 5G Home customers... Read More
Seven Sells Pacific Mags To Bauer For $40m
Seven West Media has sold publisher Pacific Magazines to Bauer Media for a reported $40 million as the television network shifts to... Read More
Seven Earnings Down 10%, Original Content Booms
Seven West Media’s new CEO James Warburton has a tough task ahead of him after the company posted a 10 per cent... Read More
Former 7 Exec Arrested Over $8m Fraud
A former Seven West Media executive has been arrested for allegedly defrauding the company of more than $8 million. John Fitzgerald was... Read More
Seven West & Fairfax Revisit $2.3 Billion Merger
Seven West Media and Fairfax have reportedly resumed talks for a $2.3 billion merger, following last year’s media law reform. According to The... Read More
Seven West Media Sells Yahoo7 To Verizon’s Oath
Following several years of declining revenues and profit, Seven West Media has today sold its 50% stake in Yahoo7 to Verizon’s ‘Oath’. The deal sees... Read More
Airtasker Seeks More Cash – Again
The Murdoch press has queried whether Airtasker, an Australian-based online jobs portal, has been speeding through its cash reserves somewhat faster than... Read More