Media Ownership Changes 1987 and 2006: From Alan Bond to CVC
- 1 February 2007
- journal article
- research article
- Published by SAGE Publications in Media International Australia
- Vol. 122 (1) , 12-15
- https://doi.org/10.1177/1329878x0712200104
Abstract
The changes to media ownership policy in 1987 led to unprecedented instability in Australia's media with many deleterious consequences over the next few years. The changes in October 2006 are the most far-reaching since then, and it is still impossible to know what their ramifications will be. The most significant move so far has been James Packer's sale of half of PBL to the international private equity group CVC for $4.5 billion. Analysts have so far neglected to examine what this might portend for the future of Australian media.Keywords
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