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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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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...
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.
- Ricardo Goncalves
The company was a successor of the long-established Australian media group Australian Consolidated Press (ACP), created by Sir Frank Packer, whose Channel 9 was Australia's first commercial TV network. Kerry Packer inherited the company after his father's death in 1974.
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. Packer later snapped up the network for half of what he ...
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.
Packer, through his family company Consolidated Press Holdings, was the major shareholder with a 37% holding in Publishing and Broadcasting Limited (PBL). [5] Until Packer's death PBL owned the Nine television network, and Australian Consolidated Press which produces many of Australia's top-selling magazines.
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.
