Original article by Max Mason
The Australian Financial Review – Page: 29 : 6-Aug-18

Media experts believe that Rupert Murdoch’s News Corporation will eventually bid for Seven West Media following the proposed Nine-Fairfax merger and Ten Network’s sale to CBS. However, News Corp would have to satisfy the "minimum voices" rule, which was not affected by cross-media ownership reforms in 2017. It requires major newspapers, TV stations and radio stations in metropolitan areas to be held by five different owners. A Murdoch bid for Seven would breach the "voices test" in Adelaide if a rival media company moved first by acquiring HT&E’s Australian Radio Network.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, FAIRFAX MEDIA LIMITED – ASX FXJ, TEN NETWORK HOLDINGS LIMITED, CBS CORPORATION, AUSTRALIAN RADIO NETWORK PTY LTD, HT&E LIMITED – ASX HT1, NOVA ENTERTAINMENT PTY LTD, FOXTEL MANAGEMENT PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION