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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...
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
Ten Network Holdings (TNH) was established in 1998, launched as a public company on the ASX holding the Network Ten assets. It allowed shareholders to invest in The Ten Group Pty Ltd, the owner of the Ten television network.
Dec 18, 2023 · This investment marks a notable shift in Packer's media strategy, particularly as Paramount Global owns Network Ten. Packer, who had previously distanced himself from media ventures, made a...
- Proactive Investors
James Douglas Packer (born 8 September 1967) [1] is an Australian billionaire businessman and investor. Packer is the son of Kerry Packer AC, a media mogul, and his wife, Roslyn Packer AC. He is the grandson of Sir Frank Packer.
Dec 1, 2021 · The Australian billionaire tends to make his investments through the private company known as Consolidated Press Holdings (CPH). In fact, Crown Resorts' largest shareholder is Packer via the CPH ...
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May 15, 2024 · Billionaire Australian investor-at-large James Packer has lost all faith in Paramount Global – abruptly dumping his entire $US92.8m ($140m) stake in the American media and entertainment giant, owner of local free-to-air broadcaster Ten Network.
