Original article by Jake Mitchell
The Australian – Page: 22 : 20-Nov-15
Nine Entertainment Company is seeking to conclude negotiations for a new affiliate agreement with regional broadcaster WIN Corporation. However, Nine is also holding merger talks with Southern Cross Media Group. WIN owner Bruce Gordon also has 14.9 per cent stakes in both Nine and Ten Network, positioning him to play a key role in TV industry consolidation if cross-media ownership rules are relaxed.
CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, WIN CORPORATION PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, TEN NETWORK HOLDINGS LIMITED – ASX TEN, FOXTEL MANAGEMENT PTY LTD, TELSTRA CORPORATION LIMITED – ASX TLS, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS