The announcement of Bob Cronin as WA Newspapers editor-in-chief will place further pressure on editor Paul Armstrong, writes Lawrence Apps.
Kerry Stokes
PBL back from the precipice
Negotiations between PBL Media and its bankers over a recapitalisation deal went down to the wire, writes Glenn Dyer.
Shake-up at The West
Editor Paul Armstrong suddenly looks limp-wristed following yesterday’s announcement that WA Newspapers CEO, the board chairman and two other directors were resigning, writes Lawrence Apps.
Freeview, digital and analogue teevee: commercial station’s big temper tantrum
So what’s Freeview? Well, it’s not like the UK Freeview. In fact it’s not clear what it is, because it’s not a new service of any kind, writes Bernard Keane.
Stand by for fireworks at Seven and Fairfax AGMs this week
There’s not much more stimulating in life that taking on a billionaire media mogul at a public company annual meeting, writes Stephen Mayne.
Frozen redemptions — it all comes down to too much debt
If Kevin Rudd wasn’t obsessed about buttering up media moguls he would probably launch an attack on Challenger Financial Group today, writes Stephen Mayne.
Seven profit downgrade sees stock plunge
Plunging ad revenue, says Seven, is beheind today’s earnings downgrade. By Glenn Dyer.
Stokes mounts board coup at WA News
Kerry Stokes has achieved his long held ambition of joining the board of West Australian News. Now, as Stephen Mayne reports, the real work begins.
Finding $39million a month: the pips squeak at PBL
There is a very easy to understand equation at PBL Media, 75% owned by CVC and 25% by the James Packer-controlled Consolidated Media Holdings, writes Glenn Dyer.
JP Morgan’s move on Consmedia
A surprise move by a big US investment bank and a group of hedge and investment funds associated with it in the share register of Consolidated Media Holdings, writes Glenn Dyer.
Stokes poised to take controlling interest in Seven
Kerry Stokes has moved moved to increase and protect his interest in Seven, writes Glenn Dyer.
Media briefs
Vale Sunday, no one watched. Even for its last program, Sunday was basically ignored by viewers, as they have been doing for the past three years or so. Sunday was watched by 158,000 people yesterday morning, Insiders on the ABC at 9am averaged 173,000, Inside Business, 148,000, Offsiders, 130,000, But Weekend Sunrise at 8am won […]
Kerry Stokes stalks James Packer’s stocks
Kerry Stokes and his Seven Network have snuck up on James Packer by purchasing a 4.82% stake in Consolidated Media Holdings, the media rump of the Packer media empire, writes Glenn Dyer
Briefly Business: Retail price raids in Britiain and Stokes flashes the Monet
British competition watchdog probes retail price fixing … Buffett warns US recession will be tougher than expected … Kerry Stokes flashes the Monet.
Stokes and the vexed issue of editorial independence
Kerry Stokes is getting closer to becoming the biggest media mogul left standing, writes Stephen Mayne.
WAN theatre review: comedy, tragedy and farce
WA Newspapers’ EGM was a mixture of comedy, tragedy and farce, reports former WAN board member Bert Reuter.
Briefly Business: MYOB, ASIC’s new boss, WA News
MYOB shareholders bite back … A new boss, a new resolve? … Keep an eye on Stokes.
Vanquished Stokes reveals his dark side
Kerry Stokes suffered a humiliating defeat at the WA News EGM yesterday when less than 20% of the independent shareholders backed his campaign for a board seat, reports Stephen Mayne.
Why Steve Harris should be the next WAN chairman
Kerry Stokes is spending up big on WA News but institutions don’t share his vision, writes Stephen Mayne.
Richard Farmer’s political bite-sized meaty chunks
Meaty snippets from the home of government plus the daily reality check and the pick of other people’s political coverage. Richard Farmer writes.
The business of conflict in The West
The conflicts between The West Australian’s editorial coverage and the Stokes commercial interest will be huge, so the best way to avoid this for Stokes not to be chairman., writes Stephen Mayne.
Editorial independence fires are Stoked at The West
Very few independent observers would argue with Kerry Stokes’ central points in his sledge of editorial management at The West Australian newspaper, writes Margaret Simons.
It’s all over for the WAN board
The four non-executive directors of West Australian Newspapers sealed their fate over the weekend with a bizarre suicide pact, writes Stephen Mayne.
