26 July 2018 archive

Nine / Fairfax deal creates media giant

A $4.2 billion media giant is set to be created with Nine Entertainment Co and Fairfax Media announcing a deal to merge — further consolidating what is already a shrinking media landscape. In the deal, which is subject to investor and regulatory approval , Nine shareholders will own 51.1% of the combined entity, with Fairfax …

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Permanent link to this article: https://televisionau.com/2018/07/nine-fairfax-deal-creates-media-giant.html