Seven Media Group
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Seven Media Group Limited | |
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Type | Joint venture |
Founded | December, 2006 |
Headquarters | Sydney, Australia |
Key people | Kerry Stokes, Chairman David Leckie, CEO [1] |
Industry | Media |
Products | Television Newspapers Magazines Websites |
Owner | Seven Network Limited 50% Kohlberg Kravis Roberts & Co. 50% |
The Seven Media Group is a joint venture between the Seven Network Limited and Kohlberg Kravis Roberts & Co..[2] It began operations in December, 2006 after shareholders of Seven Network Limited approved the transaction.[3]
[edit] Assets
- Seven Network
- Seven HD
- Pacific Magazines
- Yahoo!7 (50% stake)
- Sky News Australia (33% stake)
- West Australian Newspapers (15% stake)
- TiVo Future Australian Distributor 2008 Australian site
[edit] References
- ^ Michael Sainsbury. "Stokes in $4bn media spin-off", The Australian, November 20, 2006. Retrieved on 2007-02-04.
- ^ Seven Network (2006-11-20). "Seven to form $4 billion media joint venture with KKR" (PDF). Press release. Retrieved on 2007-02-01.
- ^ "Seven shareholders approve media spin off", The Age, December 22, 2006. Retrieved on 2007-02-04.
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