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
Meagan Kashty is an associate editor of realscreen, an international print and online magazine that covers the non-fiction film and television industries. Meagan is an award-winning business journalist. Prior to joining the realscreen team, Meagan was online editor of Canadian Grocer, named Magazine of the Year at the 2015 Canadian Business Media Awards. She can be reached at mkashty@brunico.com, and you can follow her on Twitter @MegKashty

Menu

Search