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Dec 14, 2023 · Australian billionaire James Packer has bought an $80 million (AU$120 million) stake in Network 10 owner, Paramount Global. Packer returned to the media this year after an absence of several years.
- Senior Reporter
Dec 13, 2023 · James Packer has built a $US80 million ($123.4 million) stake in Paramount Global, the American media and entertainment conglomerate that owns Network Ten, signalling a broadening of the...
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...
Dec 15, 2023 · Billionaire James Packer has returned to the media sector, accumulating an $US80m ($AU122m) stake in Paramount Global, which owns Network 10. The stock is equal to less than 1% of Paramount’s total market capital of $10.47billion but it marks a significant return to free-to-air media for Mr Packer.
Australian billionaire James Packer has bought a $123million stake in troubled Network Ten's US parent company Paramount Global. The former Channel Nine supremo - who cut his ties with that TV...
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.
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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.