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Red Heart
Red Heart was a joint venture between the Seven Network and Granada Television, Granada PLC between c. 1999 and 2001. It brought together all of its Australian parents' TV production resources, except those used for Seven's news and soaps. One theory states that Granada was looking to buy Seven's core, through it eventually owning 100% of Red Heart. Red Heart may have also eventually controlled Seven's news and soaps. This was a time when "content is king" was a popular idea. Australia's Broadcasting Services Act 1992 disallows foreign entities owning more than 15% of any TV station licence holder, but owning a company that provides a station with 100% of its content for 99% of its income is fine. (CanWest Global Communications, CanWest found another way around the law to own a majority stake of Network Ten). However, Granada decided to pull out of Red Heart when it realised it could make more money selling Australian programs to other Australian broadcasters than it would just ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seven Network
The Seven Network (commonly known as Channel Seven or simply Seven) is a major Australian commercial free-to-air Television broadcasting in Australia, television network. It is owned by Seven West Media, Seven West Media Limited, and is one of five main free-to-air television networks in Australia. The network's headquarters are located in Sydney. As of 2014, it is the second-largest network in the country in terms of population reach. The Seven Network shows various nonfiction shows—such as news broadcasts (''Seven News'') and sports programing—as well as fiction shows. In 2011, the network won all 40 out of 40 weeks of the ratings season for total viewers, being the first to achieve this since the introduction of the OzTAM ratings system in 2001. As of 2022, the Seven Network is the highest-rated television network in Australia, ahead of the Nine Network, ABC TV (Australian TV channel), ABC TV, Network 10 and SBS (Australian TV channel), SBS. Headquarters Seven's admin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Granada Television
ITV Granada, formerly known as Granada Television, is the ITV franchisee for the North West of England and Isle of Man. From 1956 to 1968 it broadcast to both the north west and Yorkshire but only on weekdays as ABC Weekend Television was its weekend counterpart. Granada's parent company Granada plc later bought several other regional ITV stations and, in 2004, merged with Carlton Communications to form ITV plc. Granada Television was particularly noted by critics for the distinctive northern and "social realism" character of many of its network programmes, as well as the high quality of its drama and documentaries. In its prime as an independent franchisee, prior to its parent company merging with Carlton Communications to form ITV plc, it was the largest Independent Television producer in the UK, accounting for 25% of the total broadcasting output of the ITV network. Granada Television was founded by Sidney Bernstein at Granada Studios on Quay Street in Manchester and is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadcasting Services Act 1992
The ''Broadcasting Services Act 1992'' (Cth) is an Act of the Parliament of Australia, which broadly covers issues relating to content regulation and media ownership in Australia. The law stipulates what is political advertising and the specific conditions which must be met before they are authorised for publication. Background Prior to the Act, the primary legislation in regulating Australia’s broadcasting services was the Broadcasting Act 1942. The ancestral Act was restrictive to the content and ownership of commercial radio and thus was successively amended to accommodate for the introduction of privately owned television networks. The ad hoc approach to legislating broadcasting regulations was reviewed by parliament in 1988 leading to the drafting of the current Act. Meanwhile, Australia’s restrictions on foreign investment were eased during the 1980’s leading to significant investment in Australia’s private sector. Restrictions were, however, still in place fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CanWest Global Communications
Canwest Global Communications Corporation, which operated under the corporate name Canwest, was a major Canadian media conglomerate based in Winnipeg, Manitoba, with its head offices at Canwest Place. It held radio, television broadcasting and publishing assets in several countries, primarily in Canada. Canwest entered bankruptcy protection in late 2009, leading to the sale of the company's assets. Canwest's newspaper arm was sold to a group of creditors led by ''National Post'' CEO Paul Godfrey, through a newly formed company named Postmedia Network. The sale of the company's broadcasting arm to Shaw Communications closed on October 27, 2010, after CRTC approval for the sale was announced on October 22; those assets were then collectively known as Shaw Media. On April 1, 2016, the broadcasting assets were subsumed into Corus Entertainment, an existing broadcasting firm also owned by the Shaw family. Following the sale of assets, the company was renamed 2737469 Canada Inc., ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Network Ten
Network 10 (commonly known as Ten Network, Channel 10 or simply 10) is an Australian commercial television network owned by Ten Network Holdings, a division of the Paramount Networks UK & Australia subsidiary of Paramount Global. One of five national free-to-air networks, 10's owned-and-operated stations can be found in the state capital cities of Sydney, Melbourne, Brisbane, Adelaide and Perth while affiliates extend the network to regional areas of the country. As of 2022, Network 10 is the fourth-rated television network in Australia, behind the Seven Network, Nine Network, ABC TV (Australian TV channel), ABC TV and ahead of SBS (Australian TV channel), SBS. History Origins From the introduction of TV in 1956 until 1965 there were three television networks in Australia, the Nine Network, National Television Network (now the Nine Network), the Seven Network, Australian Television Network (now the Seven Network), and the public Australian Broadcasting Corporation, ABC Nation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
