Tag: "Consolidated Media Holdings"

No More Funding For Channel Nine As Consolidated Media Puts Its Foot Down...

No More Funding For Channel Nine As Consolidated Media Puts Its Foot Down…

Consolidated Media Holdings the organisation which owns 25% of the debt ridden PBL Media, owners of the Nine Network and NBN Television have released a media statement quashing investor speculation that the company has an obligation to provide further funding.
The James Packer backed company’s shares surged 8 percent on the news that Consolidated Media will [...]