Who said we were the lucky country that escaped the impact of the global financial crisis? Australians with a mortgage are clearly paying a high price for its impact!
Lachlan Murdoch
Packer’s move on Ten’s strategy has worked
The James Packer campaign of white-anting Ten Network’s TV strategy and chairman Nick Falloon after the raid on the broadcaster’s share register has worked.
Lachlan Murdoch hit for six as IPL bowls out Royals
Lachlan Murdoch’s most unusual asset, the Indian Premier League’s Rajasthan Royals, has been banned from the competition due to irregularities in its shareholdings and ownership structure. What does this mean for Murdoch?
Rich pickings: happy joint b’day to Packer and Murdoch jnr
What do you get the wealthy entrepreneur who has everything?
Why the $47 billion media giant can handle Storm’s losses
The solvency of Melbourne’s rugby league franchise is not in question for as long as News Ltd is prepared to keep adding to the $66 million it has invested so far. Or should it cut its losses and run?
Tips and rumours: Tips and rumours: Pricey pud at The Sunday Age‘s Xmas party
The Sunday Age charges its staffers a pretty penny for the company Chrissie bash, Packer and Murdoch Jrs have something on the boil, and the inside word from Telstra.
Lachlan Murdoch makes a grab for Billboard and Adweek
Lachlan Murdoch is closing in on a deal to buy the bulk of Nielsen Business Media, publisher of Billboard, The Hollywood Reporter, Adweek, Editor & Publisher and other magazines.
$110m delivers half of DMG radio to Lachlan Murdoch
Lachlan Murdoch’s Illyria group has bought 50% of DMG Radio Australia, the owner of Nova and Vega FM, for $110 million, in a deal that will see him become the chairman of the entire operation.
Murdoch siezes control of DMG
Lachlan Murdoch’s company Illyria is set to buy 50% of DMG Radio Australia, putting him at the helm of some of the country’s biggest radio stations, including Nova FM and Vega FM.
Only a Senate inquiry can sort out One.Tel mess
Whilst ASIC has received the mother of all beltings in today’s papers for the failure to string up former One.Tel CEO Jodee Rich, more attention should be focused on the role played by Australia’s politicians and the Murdoch and Packer families.
Crikey Says: Packer and Murdoch can’t buy their way out of this one
In throwing out the ASIC case against the One.Tel founders, the NSW Supreme Court demolished the idea that two of Sydney’s richest kids — the Packer heir James and the Murdoch heir Lachlan — were unsuspecting victims of One.Tel management in the failed telco’s boardroom.
Kennett, Bracks, Jeffed — it’s 10th anniversary season
This is a big call, no doubt, but Jeff Kennett led one of the most reformist and revolutionary governments in any stable western democracy over the past 50 years.
Tips and rumours: MasterChef afflicted with chest pains, ugly cravats
Fatty food sends MasterChef judges to the doctor, Lachie Murdoch talks it up, where to get (read: steal) free copies of The Australian and more.
Carey’s power trumps the Murdoch kids
Chase Carey’s new role places him above James and Lachlan Murdoch in the News Corp foodchain. But how long will Carey last against the ambitious James?
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.
What now for Consolidated Media?
ConsMedia is now on the market, but James Packer currently wants more than it’s worth, reports Glenn Dyer.
Lachlan’s ConsMedia bid dead in the water
Lachlan Murdoch’s attempt to restart his career appears to have failed after James Packer changed his mind on a joint bid for Consolidated Media Holdings, reports Glenn Dyer.
Tips and rumours
They’re not a happy bunch at Fairfax’s Bendigo Advertiser. Recently, the MEAA announced it had discovered reporters had not been paid penalty rates for evening and weekend shifts for the past few years. General Manager Peter Dehnert’s response: “We must have overlooked it”. But it’s not just non-editorial management… recently appointed editor Peter Kennedy (three-time […]
Lachlan’s ConsMedia bid flawed from the beginning
It’s not hard to understand why Lachlan Murdoch can’t get $1.2 billion for his $3.3 billion Consolidated Media play. The bid only benefits one person: James Packer, writes Glenn Dyer.
Bell Financial does a Lachlan Murdoch to Tricom
On top of everything else weighing down the markets, Bell Financial Group has this morning pulled out of the Tricom rescue, writes Stephen Mayne.
Media briefs and TV ratings
Foxtel to link with News Corp’s NZ TV business? … Last night’s TV ratings.
Media stocks defy market turmoil
The recent market turmoil seems to be spreading from sector to sector much like a virus, but one industrial sector that has remained largely immune from the carnage has been media companies, writes Adam Schwab.
Murdoch kids still screwing the pooch at News Corp
We all know that Rupert Murdoch is a business legend but you’ve really got to wonder about his kids given that BSkyB last night reported a $250 million loss for the December half after writing down its stake in ITV by $765 million, writes Stephen Mayne.
John Durie loses the plot backing Burrows conflict
The resignation of Fairfax Media deputy chairman Mark Burrows was an absolute no brainer. No company director can accept money or work from a competitor, so from the moment his gig on the CMH privatisation deal was made public on 22 January, his time on the Fairfax board was over, writes Stephen Mayne.
