Posts Tagged ‘Broadcast Media’
Stokes & Consolidated Media Holdings
Someone has been buying up a big chunk of Consolidated Media Holdings, a Packer company. Consolidated Media has stakes in pay TV operator Foxtel, Premier Media Group (Fox Sports) and online jobs portal Seek.
It was revealed recently that Kerry Stokes of the Seven Network was behind the acquisition, accumulating a 19.91% stake in Consolidated Media. This was enough to re-focus the attention of James Packer to up his stake to combat any potential control issues.
So now that Stokes has just about reached the maximum level without having to declare his plans, what will happen? Will he gradually increase his stake bi-annually or will he launch a takeover bid? An interesting one to follow.
Welcome
So this is my new blog. I hope to use it to post my ideas, thoughts and comments on happenings in the Media and Technology world.
I am very passionate about media and technology, I am an entrepreneur that primarily focusses on these areas and currently working on an exciting project for the Asia Pacific region. It involves Internet Protocol TV (IPTV).
IPTV is really interesting – it involves so much and allows me to work on IT, Telecom and Broadcast Media all at once.
I always have opportunities both work wise and investment wise (for any investors reading this) – do contact me if you are interested in exploring them with me.