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- It's currently owned by Telstra and James Packer through Consolidated Media, which Kerry Stokes also has a key stake, through Seven Group. But that looks set to change. News Limited has offered $2 billion to James Packer for his stake in ConsMedia which has an interest in FOXTEL. He's agreed.
www.sbs.com.au/news/article/factbox-who-owns-what-in-the-australian-media/jk2o4myoi
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Did James Packer invest $122 million in Paramount?
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The Packers officially ended their involvement with the company in 2008 and its name was changed to Nine in 2010. The company merged with Fairfax Media in December 2018, expanding its brands and investments across television, video on demand, print, digital, radio and real estate classifieds.
Jul 26, 2018 · In 1987, Kerry Packer sold the Nine Network to Alan Bond for $1 billion. He expanded the network to include QTQ-9 Brisbane and STW-9 Perth.
Jul 2, 2023 · James Packer has returned to the world of media, emerging as a key, multimillion-dollar investor in Alan Jones’ Australian Digital Holdings. Jones, one of the highest-profile figures in...
TCN-9 was owned by Australian Consolidated Press and established by Frank Packer. In 1960, ACP purchased GTV-9 Melbourne to form the first TV network in Australia – the National Television Network, which later became the National Nine Network.
Packer purchased an 18% stake in Network Ten in 2010, quickly offloading half to Lachlan Murdoch. Three months later, after a dispute with Murdoch over a senior management appointment, Packer resigned his Network Ten board seat.
Jul 3, 2023 · James Packer has returned to the world of media, emerging as a key, multimillion-dollar investor in Alan Jones ’ Australian Digital Holdings, report Nine Publishing’s Sam Buckingham-Jones and Mark Di Stefano.
Dec 13, 2023 · The Australian has reported James Packer has returned to the media sector with a $122 million investment in the US entertainment giant Paramount. Paramount is the owner of Australian free-to-air ...
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