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- Mr Packer walked away from his investment in Crown with around $3.3 billion when Blackstone took it over for $8.9 billion in June. The Australian has reported James Packer has returned to the media sector with a $122 million investment in the US entertainment giant Paramount.
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Dec 13, 2023 · Packer netted A$3.3 billion for the sale of his shares in the casino – and has since invested A$122 million in Paramount Global, parent company of Network Ten, as well as a more modest A$30.3 million stake in Netflix.
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 broadcaster Network Ten.
- 37 sec
Dec 13, 2023 · According to The Australian, Mr Packer has snapped up an approximate $122 million stake in Network 10’s media and entertainment behemoth parent Paramount Global via his vehicle Consolidated Press International Holdings.
- Simone Grogan
- Business Reporter
Packer netted A$3.3 billion for the sale of his shares in the casino – and has since invested A$122 million in Paramount Global, parent company of Network Ten, as well as a more modest A$30.3 million stake in Netflix.
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 broadcaster Network Ten.
Feb 2, 2024 · At least three different media players have reportedly made moves to acquire or merge with Paramount Global in recent months. How did we get here?
Feb 2, 2024 · At least three different media players have reportedly made moves to acquire or merge with Paramount Global in recent months. How did we get here?
