Seven Earnings Down 10%, Original Content Booms
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August 20, 2019
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Seven West Media’s new CEO James Warburton has a tough task ahead of him after the company posted a 10 per cent... Read More
Former 7 Exec Arrested Over $8m Fraud
A former Seven West Media executive has been arrested for allegedly defrauding the company of more than $8 million. John Fitzgerald was... Read More
Seven West & Fairfax Revisit $2.3 Billion Merger
Seven West Media and Fairfax have reportedly resumed talks for a $2.3 billion merger, following last year’s media law reform. According to The... Read More
Seven West Media Sells Yahoo7 To Verizon’s Oath
Following several years of declining revenues and profit, Seven West Media has today sold its 50% stake in Yahoo7 to Verizon’s ‘Oath’. The deal sees... Read More
Airtasker Seeks More Cash – Again
The Murdoch press has queried whether Airtasker, an Australian-based online jobs portal, has been speeding through its cash reserves somewhat faster than... Read More
Yahoo7 Joint Venture To Continue
Seven West Media and AOL/Verizon have announced they will continue to invest in their Australian joint venture Yahoo7. Following the completion of... Read More
Seven West Media Profit Drops 91% After Yahoo7 And Presto Writedowns
Seven West Media reported a 90.8% profit drop in July to December 2016 primarily driven by $83.3 million of impairments including the closure... Read More