Ten Network says it did not tell shareholders that James Packer was pulling the plug on his financial support for the troubled broadcaster because his backing was not a factor in its share price.
Investors have dumped shares in Vocus after Australia's fourth-biggest telco ended a $2.2 billion bidding war for the company, saying the two suitors were unable to support the buy on the board's terms.
Film distributor Village Roadshow has won in legal proceedings brought against telco services including Telstra, forcing them to block domain names for services used to illegally download movies and other programs.
Shares in Telstra have plunged to a five-year low as investors react to the telco giant's announcement it will reduce dividends as of the current financial year.
Seven West Media chief executive Tim Worner has wrapped up a controversy-laden year with a pay cut as the company suffered a $744 million loss, courtesy of persistent weak ad revenues and a massive writedown on its broadcast licences.
A decline in print advertising and foreign exchange fluctuations have contributed to a 2 per cent decline in media giant News Corp's full-year revenue.
Telstra says its 4G coverage is now within reach of 99 per cent of the national population, following the recent completion of a mobile site in regional Western Australia and other upgrades around the country.
Experienced public relations executive Fiona McRobert is returning to Perth to lead the local office of PPR, as the one-time market leader seeks to rebuild its WA practice after a long period of downsizing.
Dunsborough, Gracetown and Monkey Mia will be among a number of locations around regional Australia that can expect better mobile coverage after Optus today confirmed plans to spend $1 billion to improve its network.
Print communications provider IVE Group Australia has signed a four-year deal with Seven West Media's publishing arm to produce its entire stable of regular mastheads.
A new report has highlighted the importance small, medium and large Western Australian businesses place on digital marketing, and the challenges they face.
Asian private equity firm Affinity Equity Partners has made a $2.2 billion offer for Vocus Communications, rivalling a similar bid from US private equity giant Kohlberg Kravis Roberts.
The competition watchdog is examining whether a Lachlan Murdoch-Bruce Gordon takeover of Ten Network Holdings will impact the television programming, sports broadcasting and advertising industries.
US private equity giant Kohlberg Kravis Roberts has moved a step closer to a takeover of Vocus Communications following the telco board’s decision to open its books to a non-exclusive due diligence.
Fairfax Media CEO Greg Hywood says the company is back on ‘plan A’ and proceeding with spinning-off its Domain business, after two potential suitors walked away without making a bid.
Troubled broadcaster Ten Network has secured a $30 million funding package so that it can keep operating while receivers and managers look to sell or recapitalise the business.
Fairfax Media has rebuffed an approach from a consortium including advertising entrepreneur John Singleton for its 54.5 per cent stake in Macquarie Media.
Ten Network Holdings' newly appointed administrators have pledged to keep the business running as they decide its future, saying they are confident of either rebuilding the broadcaster's finances or finding a willing buyer.
Ten Network must find new financiers or face the possibility of going into administration after billionaire shareholders Lachlan Murdoch and Bruce Gordon refused to back a new funding deal for the loss-making commercial free-to-air broadcaster.
Cannings Purple, which is ranked as Western Australia’s second largest public and investor relations firm, has bolstered its team by recruiting experienced business journalist Peter Klinger.
Former Google executive Lee Hunter has been named chief executive of advertising technology company Tech Mpire, succeeding Luke Taylor who will remain with the business in another role.
Fairfax Media shares have hit their highest level in six years after a consortium led by US-based private equity giant TPG Capital upped its takeover bid by $500 million and widened it to now include the entire company.
The Australian Competition and Consumer Commission on Friday said in a draft decision it had decided against declaring a wholesale domestic mobile roaming service because there was insufficient evidence to show this would improve overall competition.
Journalists at The Sydney Morning Herald and The Age have voted to strike for a week, after Fairfax Media announced it would cut about 25 per cent of the jobs at its major Australian newspapers.
Shares in Vocus Communications fell almost 30 per cent following the telecom operator's second profit warning in six months, as management grapple with a raft of problems following its rapid expansion.
Mining services company Ausdrill has expanded its partnership with Hockey Australia, while AGL Energy has sponsored the West Coast Eagles as it seeks to lift its profile ahead of its planned entry to the Western Australian gas market.
