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OFFLINE   Johnson28 #21

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Posted 13 February 2012 - 07:01 AM

The Australian Financial Review says today that Macquarie Group, on behalf of Nine Entertainment Company, has held "very preliminary discussions" with executives from Seven West Media on the potential sale of ACP Magazines.

Edited by Johnson28, 15 February 2012 - 07:36 AM.


OFFLINE   Matlock #22

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Posted 23 February 2012 - 10:36 PM

Is it possible an American network or conglomerate (such as Warner Bros. or I daresay CBS) to buy out Nine? Would an Australian Television Network be a good investment for an American company?
I know that Ten was owned by CanWest which was Canadian so...

Edited by tmorgan96, 23 February 2012 - 10:36 PM.


OFFLINE   J Bar #23

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Posted 24 February 2012 - 07:24 AM

Is it possible an American network or conglomerate (such as Warner Bros. or I daresay CBS) to buy out Nine? Would an Australian Television Network be a good investment for an American company?

Not when Nine is such a big hole. More likely that an Asian company might buy them out these days to get a foothold in Western markets.

Edited by J Bar, 24 February 2012 - 07:26 AM.

J Bar

OFFLINE   cmo #24

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Posted 27 February 2012 - 08:17 PM

CBS are in a joint venture with ten in the Eleven channel so they wont be buying Nine.

Hopefully some souless company will pick at the carcass of NIne when they finally fall in a heap and cant make their interest payments.

OFFLINE   Matlock #25

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Posted 27 February 2012 - 09:06 PM

Warner Bros. would be the most likely if an American company were to buy it.

OFFLINE   jimbo #26

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Posted 27 February 2012 - 10:13 PM

Hopefully some souless company will pick at the carcass of NIne when they finally fall in a heap and cant make their interest payments.


Far out, talk about DRAMATIC! Was that you I saw at the Oscars ceremony? :rolleyes:

Edited by jimbo, 27 February 2012 - 10:13 PM.


ONLINE   newtaste #27

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Posted 28 February 2012 - 12:30 AM

Warner Bros. would be the most likely if an American company were to buy it.

Why?

OFFLINE   Johnson28 #28

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Posted 28 February 2012 - 07:22 AM

Warner Bros. would be the most likely if an American company were to buy it.

Why?

Because WB has a good relationship with Nine for the past four decades. WB also has substantial investment in Australia, namely Movie World on the Gold Coast.

OFFLINE   J Bar #29

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Posted 28 February 2012 - 07:42 AM

Hardly enough reason to chuck money at a bad investment like Nine. Maybe when it goes bankrupt, someone may buy it in the fire sale.

Edited by J Bar, 28 February 2012 - 07:42 AM.

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ONLINE   newtaste #30

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Posted 28 February 2012 - 09:59 AM

Because WB has a good relationship with Nine for the past four decades. WB also has substantial investment in Australia, namely Movie World on the Gold Coast.

Village Roadshow bought out the Time Warner part-ownership of both the theme park and studios in 2006. The studios are now called the 'Village Roadshow Studios', and Village has a licence to use the WB name for the theme park. Warner do have a substantial presence in Australia, but it's not at Oxenford.

ONLINE   newtaste #31

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Posted 18 March 2012 - 11:51 PM

Private equity firm CVC is pulling out of Australia, Asia Pacific's biggest buyouts market, as it faces one of the largest ever losses for a firm in the region and rapidly fading bank support, people familiar with the situation said. The firm's high-profile struggles in Australia are a cautionary tale for the large global private equity funds, many of which expanded rapidly into new geographies during the 1990s and early 2000s.

In 2008 CVC CVC.UL raised $4.2 billion for its third Asia fund, still one of the biggest ever for the region.

But the firm has stopped doing new deals altogether in Australia and is cutting staff, the people said, as it stands on the brink of a disastrous loss from its foray into media group Nine Entertainment. That deal alone could see CVC lose more than $2 billion, knocking returns for investors in not one but four separate funds.

http://www.reuters.c...E82F0T220120316

ONLINE   newtaste #32

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Posted 19 March 2012 - 01:57 PM

CVC Capital Partners and Goldman Sachs have struck a deal in which $975 million Australian dollars (US$1.03 billion) of mezzanine debt in Nine Entertainment Co. will be converted into equity on the condition that CVC is able to refinance the entertainment company’s burdensome senior debt, people familiar with the deal told Deal Journal Australia.

CVC is kicking off a roadshow in the U.S. and U.K. this week to test investor appetite for the refinancing of Nine’s A$2.7 billion in senior debt which matures in February 2013, ...

http://blogs.wsj.com...oogle_news_blog

OFFLINE   Johnson28 #33

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Posted 09 April 2012 - 01:05 PM

Nine Entertainment Company has set up Nine Live, an integrated live entertainment, sport and lifestyle business focusing on live content, hospitality, sponsorship, consulting and event management. According to the company's website, it is currently offering hospitality packages to events including State of Origin, Wallabies home matches and horse racing, all of which Nine has the broadcast rights to. It is also the promoter of One Direction's first ever Australian tour.

OFFLINE   Johnson28 #34

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Posted 24 May 2012 - 08:20 AM

The Australian Financial Review says today Hollywood mogul Harry Sloan is in talks with Nine Entertainment Company’s owners in a left-field bid to take control of the debt-laden television, magazine and digital business. Sloan, who ran MGM from 2005 and 2009 and is now chairman and CEO entertainment investment firm Global Eagle Acquisition Corporation, visited Sydney earlier this month to hold talks with Nine backers CVC Asia Pacific and Goldman Sachs.
http://www.afr.com/p...psH2S5v1BRtltGK

Interesting move there, and kind of reversal of fortune for Nine Entertainment Company. Its predecessor PBL bought shares in production company Regency Enterprises in the 1990s to push into Hollywood, and in doing so gained rights to several movies including Fight Club, Big Momma's House, Mr and Mrs Smith, Alvin and the Chipmunks, and TV series Malcolm in the Middle.

OFFLINE   Big Dan #35

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Posted 24 May 2012 - 08:48 AM

And Sloan led MGM into a load of debt problems as well, which was only resolved recently.
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OFFLINE   Timothy #36

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Posted 31 May 2012 - 09:11 AM

The Australian:


DEBT-LADEN Nine Entertainment has emerged as a wildcard potential acquisition target for Telstra, reviving memories of the telco's failed bid for Kerry Packer's Publishing & Broadcasting group 12 years ago.
The telco indicated possible interest to Nine a month ago, and since then has been crunching the numbers with its investment bank adviser Credit Suisse.
One senior banking source outside the deal yesterday claimed Telstra had a significant team working on a potential deal, but the telco had yet to follow up its earlier notification of interest with a valuation or firm offer.



OFFLINE   Johnson28 #37

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Posted 31 May 2012 - 08:53 PM

If Telstra does decide to buy Nine, does that mean Telstra will no longer be able to advertise its products and services on Seven and Ten?

OFFLINE   Squee! #38

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Posted 31 May 2012 - 09:16 PM

Doubtful, though would probably mean we would see a lot more Telstra advertising on Nine.
Can use Hungry Jacks as a rough example here (Jack Cowin owns about 10% of Network Ten, you see a lot more advertising for HJs on Ten then any other network)

OFFLINE   Matlock #39

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Posted 14 June 2012 - 04:27 PM

Courtney Gibson has joined Nine for the position of Programming Production Executive. She has been involved in projects like Spicks and Specks, Summer Heights High and the Chasers.

Source: http://www.tvtonight...joins-nine.html

Edited by tmorgan96, 14 June 2012 - 04:28 PM.


OFFLINE   NewsWeary #40

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Posted 14 June 2012 - 05:59 PM

Courtney Gibson has joined Nine for the position of Programming Production Executive. She has been involved in projects like Spicks and Specks, Summer Heights High and the Chasers.

Source: http://www.tvtonight...joins-nine.html

I doubt she'll be able to overcome the blokey culture at Nine and probably won't last a year. Any bright programming ideas she has will be destroyed by the time they filter through the layers of management who all insist on having input and tinkering with good original concepts.