The Australian Greens say the federal government is likely to run out of time to introduce major media reforms, including a large regulator for the sector, ahead of the election.
Ten Network Holdings shares are up in early trade as market players express hope that new management may improve the struggling free-to-air broadcaster's performance.
Seven West Media has posted a loss of $109.3 million for the first half of the financial year because of restructure costs and the lower value of its magazines.
The future of News Corp's Australian newspapers looks more uncertain as the company partly blamed them for an earnings downgrade and said how excited it was to be spinning them off.
Gina Rinehart may have fought in court to keep details of her finances private but now the life of Australia's richest woman is reportedly coming to television.
Rio Tinto chief executive Sam Walsh has resigned as a director of Seven West Media following his appointment to the global miner's top job and relocation to London.
Perth-based online streaming entertainment provider Quickflix has again broadened its reach, signing a deal with LG Electronics to provide content through LG-branded televisions and Blu-ray players
Nine Entertainment has been saved from collapse with a Federal Court judge giving the final tick of approval to a $3.4 billion recapitalisation scheme.
Police & Nurses will undergo a name change after it was granted approval from the Australian Prudential Regulation Authority to trade as a mutual bank.
Industry fund First Super will be selling its News Corp shares after a global push to end Rupert Murdoch's dual role as chairman and chief executive failed.
The future of Telstra Corporation's Trading Post is under a cloud after the competition regulator blocked a proposed deal with online classifieds operator carsales.com.
Broadcaster Nine Entertainment has won a legal battle against some of its creditors who were worried about the structure of $3.3 billion plan to stop the company going into administration.
Fairfax Media may be casting adrift one of its biggest cash generating units when it sells Trade Me, but it needs the money to support its ailing newspapers, analysts say.
Investors have given Ten Network Holdings's latest capital raising a thumbs down amid doubts about the struggling broadcaster's ability to reverse its flagging fortunes.
Mining billionaire Gina Rinehart is keeping the Ten Network guessing on whether she'll take part in the troubled broadcaster's $230 million capital raising.
Troubled broadcaster Ten Network will cut an extra $35 million in costs and tap shareholders for $230 million in response to its recent poor performance.
Mining magnate Gina Rinehart has gathered tributes from advertising millionaire John Singleton and Indian industrialist GVK Reddy for her new book, which she is launching in Sydney today.
Public and government relations firm Cannings Purple has appointed Colin Barnett’s former chief of staff and current Fortescue Metals Group executive Deidre Willmott as executive chairman.
Seven Group Holdings managing director Peter Gammell has painted a mixed picture for the diversified media and industrial services group, forecasting a rise in first-half underlying profit for 2012
Seven West Media shares jumped 21 per cent today following strong words from managing director Don Voelte about his commitment to slash costs in order to maintain last year's $226.9 million n
Newspaper print circulation declined further in the September quarter as Australians looked to get their news through digital products, new figures show.
Television broadcaster Ten Network Holdings has confirmed that it is selling its Eye Corp outdoor advertising arm for $113 million to a private equity-controlled company.
