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August 28, 2017 11:53 am GMT
CBS is to branch into Australia after it announced a deal to acquire struggling broadcaster Network Ten. The deal, which is subject to regulatory approvals, could save the network from a difficult patch.Network Ten has been in voluntaryadministration since June after key investors withdrew financial support following a drop in ad sales and continued losses. CBS could use its new found… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OyFnJuSwN6Q/
CBS is expanding to Australia with buy-out of troubled broadcaster Network Ten
CBS is to branch into Australia after it announced a deal to acquire struggling broadcaster Network Ten. The deal, which is subject to regulatory approvals, could save the network from a difficult patch.Network Ten has been in voluntaryadministration since June after key investors withdrew financial support following a drop in ad sales and continued losses. CBS could use its new found… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/OyFnJuSwN6Q/
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