Australian broadcaster Seven West Media reportedly held talks with ViacomCBS about merging with Network Ten, but the discussions failed to bear fruit. According to the Sydney Morning Herald, Seven chairman Kerry Stokes approached the US media giant over a potential sale that would have altered the face of Australian TV and reduced the number of […]
UK prodco Slim Film + Television has bought back all the shares in the company previously held by Australia’s Seven West Media. Slim’s managing director Simon Crawford Collins said that it was an “exciting time” for the company to regain its full independence after buying back Seven West’s majority stake. Financial terms were not disclosed. […]
French production giant Banijay is reportedly in talks with Australian media company Seven West Media to buy the latter’s Seven Studios operation. According to the Australian Financial Review, Banijay could be willing to spend between A$170m ($120m) to A$200 million for the studio, which produces shows including Home & Away, Border Security and My Kitchen […]
Australia- and UK-based distributor and producer Beyond International (BYI) has continued its expansion by striking a deal to acquire Seven Studios UK (SSUK) from Seven West Media (SWM). Beyond, which bought UK-based TCB Media Rights in April, has also acquired the remaining 50.98% of shares in LA-based 7Beyond Media Rights (7Beyond) that it did not […]
Covid-19 has blindsided most of the TV business but the severity of the repercussions on SVOD, AVOD and broadcast sectors look likely to be felt across the long-term, writes Richard Middleton. There is a school of thought that the current pandemic we’re living through will provide the impetus for a wholesale shift in the way […]
Australia’s Seven West Media is reportedly fielding interest from a number of international media firms about buying its in-house production business Seven Studios, which makes Home and Away and My Kitchen Rules. ITV Studios, Disney and Comcast’s NBC Universal are in discussions about buying Seven Studios, according to a report in the Sydney Morning Herald. […]
The proposed merger between Australia’s Seven West Media and regional broadcaster Prime Media Group has been blocked by shareholders. Instead, Seven has taken a 14.9% stake without making a full takeover bid for Prime. “While we’re disappointed with the outcome of today’s vote, we remain committed to Prime,” said Seven CEO James Warburton. “As Prime […]
Seven West Media (SWM) in Australia is set to merge with its affiliated regional broadcaster Prime Media. SWM, which owns Seven Network in Oz, has been battling to cut costs and debt after recording a loss of US$444m in the last financial year. The deal, described as a merger, is expected to lead to savings […]
Seven West Media (SWM), the Australian company behind the Seven Network, has appointed former Network Ten CEO James Warburton as its chief executive to replace the outgoing Tim Worner. Worner stepped down with immediate effect yesterday after six years in his current role of CEO at SWM and more than 25 years with the company. […]
Australian pay TV operator Foxtel plans to close its SVOD service, Presto TV, after buying out joint venture partner Seven West Media. Presto will cease to operate on January 31, 2017, with its subscribers transferring to a new Foxtel Play product. They will be able to use the new platform from December. Presto was not […]
