Original article by Dominic White
The Australian Financial Review – Page: 1 & 8 : 28-Jul-15

Ten Network COO Paul Anderson will succeed Hamish McLennan as CEO. McLennan has also stepped down as executive chairman in favour of an independent replacement, David Gordon. The departure of McLennan as executive chairman could increase the chances of Ten’s equity deal with Foxtel being approved by the Australian Competition & Consumer Commission, as he has strong links with the Murdoch family. SMI data shows that Ten’s share of advertising revenue was 23.1 per cent in June 2015.

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TEN NETWORK HOLDINGS LIMITED – ASX TEN, FOXTEL MANAGEMENT PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, MULTI CHANNEL NETWORK PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, FREEHILLS PTY LTD, SMI MEDIA INCORPORATED