Ten Network Holdings


Ten returns to profit after four years

Australia’s Ten Network is back in profit for the first time in four years. The commercial channel’s parent, Ten Network Holdings, posted a half-year net profit of A$13.4 million (US$10.5 million) on revenues of A$334.2 million. This compares with a A$264.4 million loss and revenues of A$309.8 million for the same period 12 months ago. […]

Ten silent on takeover talks

Network Ten’s has declined to provide an update on a potential ownership change, choosing to stay silent at its annual general meeting with shareholders. A deadline for Ten takeover bids expired recently, with the likes of Foxtel and Discovery understood to have posted offers, but Ten’s CEO and chairman Hamish McLennan told shareholders he had […]