CEO Tim Worner has resigned and shares are at an all-time low. Kerry Stokes, is this really an 'exciting time' for Seven?
Some of Australia’s biggest media companies are once again buzzing back to the government for support.
Dropping from the ASX 200 is both a natural conclusion and a sign of things to come for Seven West Media, whose share price has been sluggish for months.
The homogenisation of local papers is preventing them from reflecting the communities they belong to, making them less diverse and less viable.
With ad revenues down across the board, don't be surprised if you see more legacy media companies pushing for mergers this year.
With its biggest shareholder slashing the value of its holding, the Seven West board is under a lot of pressure.
Who will buy the former Fairfax regional papers, including The Canberra Times, and how much will they sell for?