Ten deal opens board seat to Gordon

Original article by Jake Mitchell
The Australian – Page: 23 : 27-Jun-16

The affiliation agreement with Bruce Gordon’s WIN Corporation may prompt Ten Network to offer a board seat to the billionaire. WIN CEO Andrew Lancaster is expected to become Gordon’s representative on the Ten board. Ten had previously declined to give Gordon board representation due to conflict of interests concerns, as he is a major shareholder in both Ten and Nine Entertainment Company. WIN’s content supply agreement with Ten commences on 1 July 2016.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, WIN CORPORATION PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, FOXTEL MANAGEMENT PTY LTD, DEUTSCHE BANK AG, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS

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