Original article by Darren Davidson
The Australian – Page: 21 : 13-Apr-16

There has been speculation that Australian-listed Seven West Media could seek to exit the Yahoo!7 joint venture if US internet giant Yahoo! divests its news and media assets. The joint venture boated revenue of $A99.6m in 2014-15, and Seven receives 50 per cent of Yahoo!7’s profits. Morgan Stanley recently forecast that global internet groups such as Google and Facebook will account for between $A4bn and $A5bn worth of advertising revenue in 2016.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, YAHOO!7 COMMUNICATIONS AUSTRALIA PTY LTD, YAHOO! INCORPORATED, MORGAN STANLEY AND COMPANY INCORPORATED, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, YOUTUBE INCORPORATED, PACIFIC MAGAZINES PTY LTD, DAILY MAIL AND GENERAL TRUST PLC, DAILY MAIL AUSTRALIA, NINE NETWORK AUSTRALIA LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, VIACOM INCORPORATED, IAC/INTERACTIVECORP, CBS CORPORATION