The Ten Network’s full year profit plunged 90.5% as stand-in CEO Lachlan Murdoch drives a clean-up of the company’s books that will make it easier for his replacement, James Warburton, to look good in his first year.
Bruce Gordon
The patchwork Rich List: Gina’s on top, but non-miners a drag
On the surface, the headline numbers from the BRW Rich 200 list look impressive. But the bulk of the $31 billion increase in total wealth was generated by a handful of people.
The furphies fly in the Great Free TV Handout Debate
There’s plenty of nonsense circulating about the Government’s half-billion dollar handout to the television networks. And not all of it from the Government.
How an Aussie billionaire got entangled in Berlusconi’s tax fraud
It’s a big year for Bruce Gordon of WIN Corporation. His magic touch helped WIN survive the GFC intact, but his business associations with Italian PM Silvio Berlusconi may see him embroiled in legal issues. How will the year pan out?
Macquarie emerges from the pack to save Ten
The Ten Network is in the middle of some major changes with Macquarie Media and 81-year-old Bruce Gordon set to emerge as major shareholders. Seriously.
WIN, loss, WIN, loss, as morale plummets
Staff purges at WIN TV, with both the CFO and the CEO being sacked this week, have led to a drop in staff morale. The reasons for the sackings are not known, especially since WIN has been doing better than most in the TV industry this year.
