Original article by Darren Davidson
The Australian – Page: 23 : 7-Sep-15

The Australian Competition & Consumer Commission is expected to make a decision on the proposed equity alliance between the Ten Network and Foxtel in the week beginning 7 September 2015. If the deal is approved, Foxtel will pay $A77m for a 15 per cent stake in the free-to-air broadcaster, while Ten will acquire a 24.99 per cent stake in Foxtel’s MCN sales division. Media buyers argue that the deal will boost competition in Australia’s TV advertising market.

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN FOXTEL MANAGEMENT PTY LTD AUSTRALIAN COMPETITION AND CONSUMER COMMISSION MULTI CHANNEL NETWORK PTY LTD IPG MEDIABRANDS SEVEN NETWORK LIMITED SEVEN WEST MEDIA LIMITED – ASX SWM NINE NETWORK AUSTRALIA LIMITED NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC FACEBOOK INCORPORATED GOOGLE INCORPORATED YOUTUBE INCORPORATED PRESTO ENTERTAINMENT PTY LTD NETFLIX INCORPORATED COLES GROUP LIMITED GENERAL MOTORS CORPORATION THE COCA-COLA COMPANY OMNICOM GROUP JOHNSON AND JOHNSON QANTAS AIRWAYS LIMITED – ASX QAN