willwalk Posted October 12, 2008 Posted October 12, 2008 Just recently ACMA approached CVC, the owner of PBL Media ordering them to sell stakes in Ten Darwin. Southern Cross was issued with the same warning but are fighting it in the courts. If the networks both are forced to sell a stake in DDT, what will happen to DDT? Would DDT close or be bought by a different 3rd party network? Will Nine Darwin be sold itself to WIN or other 3rd network if CVC is forced to sell? http://business.smh.com.au/business/author...81010-4yfk.html William Walker
dryfry Posted October 13, 2008 Posted October 13, 2008 WIN could take over DTD . I reckon CVC would like to keep Nine Darwin and Southern Cross keep 7 Darwin . Yeah very strange
willwalk Posted October 15, 2008 Author Posted October 15, 2008 WIN could take over DTD . I reckon CVC would like to keep Nine Darwin and Southern Cross keep 7 Darwin .Yeah very strange I'm not quite sure that WIN can take over DDT with CVC keeping Nine. Prime and / or Ten takeover of DDT appears more likely. In a scenario where Prime could buy DDT, Southern cross could change to southern cross ten. WIN could buy Nine here in Darwin, but not DDT. CVC would have to sell both Nine and DDT, before WIN could enter the Darwin market. It appears it's going to be very difficult for WIN to enter the Darwin market. The previous government has caused a conflict of interest because it set up the ACMA to set rules that if a station that has a stake in another station is bought by new owner the new owner must sell stakes in the 3rd commercial station, while creating the new media laws that allows unlimited purchases of media outlets. This could have been avoided if the ACMA had allowed aggregation between the Darwin and Remote markets to occur. i do recall that Imparja was to enter the Darwin market as a TEN station, and the Nine was to enter the Remote area. That was my favoured option but in reality it didn't happen. William Walker
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