Greg Hywood


Fairfax shareholders approve Nine Network merger

Fairfax Media shareholders have backed the 150-year-old Australian firm’s merger with commercial channel Nine Network, which is to have complete ownership of streaming platform Stan.  The merger, which was first announced in July, sees Nine taking a controlling 51.1% stake in Fairfax, creating a company with a combined market value of $4.2bn. The combined business […]

Nine and Fairfax announce $4bn merger

Commercial TV network Nine Entertainment this morning confirmed it had agreed a merger deal with one of Australia’s most venerable legacy media companies, Fairfax Media. The deal will see Nine take a controlling 51.1% stake in Fairfax, and will create a company with a combined market value of $4.2bn. The company will take the Nine […]

Nine, Fairfax prep A$100m SVOD service

Nine Network’s parent company is partnering with publishing group Fairfax Media to create a A$100 million (US$93.3 million) Australian subscription video-on-demand service. The service, StreamCo., has been in the works for the past year, with Nine Entertainment Co. Mike Sneesby (pictured) already in charge of the venture as CEO. Fairfax has now been confirmed as […]