Original article by Lucy Battersby
The Sydney Morning Herald – Page: 21 : 22-Jul-16
The Ten Network’s share price has underperformed its listed peers and the broader sharemarket in recent weeks. The stock has risen by 5.5 per cent since 28 June 2016, while Nine Entertainment Company and Seven West Media have gained 10.5 per cent and 11.6 per cent respectively since the "Brexit" fallout. Ivor Ries of Morgans Financial notes that there is a global trend for advertisers to reduce their expenditure on TV advertising.
CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, MORGANS FINANCIAL LIMITED, LAZARD ASSET MANAGEMENT PACIFIC COMPANY, FOXTEL MANAGEMENT PTY LTD