Ten Network Falls Into Administration

For the second time in nearly three decades, the Ten Network, Australia’s third commercial operation has collapsed under the weight of unsustainable debts, weak revenues, poor governance and shareholder abandonment, not to mention the dramatic slide in revenue among legacy media sectors.

Read More

Ten Rates Poorly

Ten’s interim result (for the six months to the end of February) was bad – a loss of $243 million after tax, with a write down of $290 million in the value of the TV licence (and write downs totalling $304 million all up).

Read More

Ten’s Steady Picture

A day after being left on the shelf, the Ten Network released third quarter sales and gross profit figures showing a tentative recovery from the black hole of 2006 is continuing for the country's third-placed commercial TV Network.

Read More

Ten Stays The Same

The failure of the Ten TV network sale to private equity buyers means our great media boom is fading with James Packer and Kerry Stokes emerging as the winners for doing deals that really didn't need the changes in media laws introduced by the Howard Government.

Read More