TV

Canwest says Network Ten not for sale

Canwest Global Communications denies media reports that it has begun attempts to sell off its controlling stake in Network Ten. An Australian news report said Canwest was looking to raise $258 million by shopping its 56.6% share in Australia's Network Ten, but a spokesman for Canwest calls the report 'sheer speculation.'
March 18, 2009

Canwest Global Communications denies media reports that it has begun attempts to sell off its controlling stake in Network Ten. An Australian news report said Canwest was looking to raise $258 million by shopping its 56.6% share in Australia’s Network Ten, but a spokesman for Canwest calls the report ‘sheer speculation.’

About The Author
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

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