Media

Oct 23, 2017

Where’s this media company merger frenzy we were told would happen?

With media reform dreams now a reality, the stage should be set for a merger frenzy. So where is it?

Now that the Foreign Investment Review Board has removed the last impediment to the CBS takeover of the Ten network, we can turn to the remaining question: who are the buyers and who the sellers in the major companies?

Remember, the argument for abolishing the restrictions on the cross-media ownership laws was to allow the players to get big – by merging – to confront the challenge of Facebook and Google. It was only the “archaic” restrictions on owning two newspapers, radio or television stations in the one market that was standing in the way.

Free Trial

You've hit members-only content.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’s terms and conditions

0 comments

Leave a comment

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details

Sending...