It seems the board has rejected other approaches, such as a rights issue, to help recapitalise the company.
Telstra has built the fastest growing subscription/streaming service in the country with its Telstra TV product. And Foxtel can't keep up.
News Corp and Telstra are putting the finishing touches on their revamp of Foxtel.
Amid a slew of bad deals and a stagnant share-price, shareholders shouldn't hold their breath that Telstra's Asian excursions will pay off.
Seven West Media's chronically low share price raises questions about how the company plans to claw itself back into the black.
The company's second quarter report shows that, amid declining advertising revenues, they're leaning more than ever on new digital acquisitions and smaller operations
AGL told the ASX yesterday that its profit had nearly doubled to $622 million from $325 million a year earlier.
Foxtel seems to be pushing for an exemption from tough new laws surrounding gambling ads, by using ASTRA, the peak subscription TV body, to show mercy to its "small audiences".
A News Corp shares move sideways and now downwards, the patriarch of News Corp is nowhere to be seen writes Christopher Warren.
Rio Tinto has demonstrated what companies will do with a windfall from company tax handouts: return them to shareholders.
