Australian-Media.com.au

Discussing the Australian Media since 2005

Australian-Media.com.au News

  • STW-9 sale complete

    June 13 2007 3:27pm (UTC+8)  -  Article by Slj

    Sunraysia Television has announced to the ASX that subsidiary Swan TV (the owner of STW-9) has today been officially sold to Win Television in exchange for $163.2m following last weeks overwhelming vote to approve the sale to Win.

    For breaking its sale agreement with PBL Media Sunraysia will pay a break fee to the company of $1.36m, this is due to be paid next Monday.

    Australian-Media.com.au

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