Ten Network

David Lyle passes away aged 67

Former Fox, National Geographic and FremantleMedia chief David Lyle has passed away aged 67. The well-liked and much-respected executive succumbed after a long fight with cancer on Thursday at his home in LA. The Australia-born Lyle was permanent figure at international markets such as MIPCOM, and was widely respected for his humorous, straight-talking approach to […]

CBS ‘claiming A$843m debts from Network Ten’

CBS Studios International (CBSSI) is reportedly claiming A$843 million (US$642.2 million) in debts from troubled Australian channel Network Ten. Various reports claim the international sales arm of US broadcaster CBS is the largest creditor of Ten, which is currently in administration. CBSSI has made the claim to Ten’s administrators, which are currently looking at either […]

Ten secures A$30m loan to keep afloat

Australia’s Network Ten has secured its immediate future after key shareholders agreed to fund an A$30 million (US$23 million) loan. Lachlan Murdoch, Bruce Gordon and James Packer agreed to support the package, which buys Ten some time and keeps the network on air. The funding package is available until August 31 and comes ahead of […]

Broadcast veteran Leckie exits Seven

David Leckie is leaving Australian commercial broadcaster Seven Network and will take a full-time role elsewhere. According to local news outlets, negotiations with Seven have ended with Leckie not renewing a multi-year agreement when his contract expires. Therefore, he leaves the broadcaster after 13 years on July 29. Seven has been the top rated Australian […]

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. […]

Netflix ‘working up Zelda series, Ten deal’

Netflix is reportedly developing a series based on the popular Legend of Zelda video games, and working on a content and marketing partnership with Australia’s Network Ten. According to The Wall Street Journal, early stage development has begun on a live-action series based on the Zelda series. This would see a young boy, Link, rescuing […]

Seven wins ratings battle, Nine claims top demos

Australian free-to-air broadcaster Seven Network has ended the 2014 ratings year on top, beating perennial rival Nine into second. Nine, however, was quick to claim it had triumphed in the key 25-to-54 (31.9%), 18-to-49 (32.3%) and 16-to-39 (32.8%) demos in the main urban areas. Seven took an overall 30.4% share in 2014 with Nine in […]

Turner lines up $590m Ten offer

Time Warner is set to make an offer worth A$680 million (US$590 million) through its channels arm, Turner Broadcasting System, to acquire troubled Australian broadcaster Network Ten. Time Warner’s senior VP James Burtson (pictured) has contacted Ten’s investment bank advisor Citi to express interest over a possible acquisition of the free-to-air network, according to the […]

Foxtel and Discovery linked to joint bid for Ten

Pay TV operator Foxtel and channel operator Discovery are being widely linked to a move for Australian free-to-air broadcaster Ten Network. Australian press reports cite sources close to the negotiations as saying Discovery and Foxtel are weighing a move for Ten, with News Corp and Telstra-owned Foxtel eyeing a 14.9% stake to avoid contravening cross-media […]

Aussie FTA nets exceed local content quotas

Australia’s commercial free-to-air broadcasters exceeded their local content quotas in 2013, a government media authority has reported. Seven Network, Nine Network and Ten Network all reported meeting main channel quotas of 55% Australian-created programming during 2013, according to a report from the Australian Communications and Media Authority. Seven provided an average of 69%, Nine 65% […]