February 21 2007 9:09am (UTC+8) - Article by Slj
PBL Media, the recently formed joint venture between PBL and CVC, has struck an agreement with Sunraysia Television Ltd for the purchase of its wholly owned subsidiary Swan Television and Radio Broadcasters, the operator of STW-9 (Channel Nine Perth).
PBL Media will pay $136,360,000 to Sunraysia in exchange for all its shares in the company, with a shareholder meeting expected to be held in late March/early April to approve the sale. Sunraysia is majority owned by Eva Presser while regional TV network WIN has a significant holding in the company.
Australian-Media.com.au launched on February 12 2005 with the simple aim of discussing the Australian media - and for the past five years we have been doing exactly that.
March 1 2010
I'd also expect that PBL would be looking to remove the weeknight female duo which has never really worked in my opinion and has contributed to their demise in the ratings.