James Packer is not and has never been a positive influence in TV. He has been sceptical about the future of FTA TV and print, enthusiastic about new media. He never wanted to stay in the old media, rejecting it for gambling.
Where is ASIC and the ASX when it comes to Corporate Express share prices? Plus, Solverdi Worldwide Limited, is about to find out if corporate death leads to renewal and other news from the business world.
For all the publicity for Paul Barry's new book on James Packer, last night's Four Corners included no especially penetrating insight. But because the story is about James Packer, heir of Kerry Packer, it got traction.
It's back to business as usual in the Australian media, with Stokes and Packer dividing up the juiciest bits of the industry, just as Kerry Packer and Rupert Murdoch did a decade or so ago.
For most of his life, Kerry Packer had a reputation for being a bit of a Midas when it came to investing. Shame his son James Packer didn't inherit the same touch.
Australia’s media proprietors have given the major political parties around $1.6m in donations in the last two years.
The latest easy-over interview with Nine Network Chief Executive David Gyngell was in The Australian this morning, the second gentle interview with a PBL Media boss in the paper in two days.
The banks are the real powers behind Australia's commercial broadcast media.
Without an ounce of irony, The Australian reported this morning on the shake-up at Consolidated Media Holdings.