We'll Buy You Out, Prime Tells Reading

PAUL RAMSAY'S Prime Media Group has offered to buy out the US cinema operator Reading from the former Becker Group's TV production and outside broadcasting services for about $8.5 million. Prime, which already owns 76 per cent of the renamed Broadcast Production Services, will pay the other shareholders 0.257 new Prime shares for every share they hold, or about 55c a share. The step would finalise the takeover of Broadcast Production, which has been controlled by Prime since it acquired a ...

Zero Tolerance The Way Forward

No doubt you have all noticed that it is the modern way of solving problems to print reams of newsprint, take up an inordinate amount of broadcast time on radio and TV consulting "experts" for their opinions as to what may be done and then solicit comforting statements from our politicians as to what remedies they may put in place.

Ten To Jump Gun On Multi-channelling Launch

NETWORK TEN is preparing for a jump on its broadcast rivals with an announcement on November 17 detailing its multi-channelling blueprint for next year.

V8 Race Navigates A Tricky Circuit

SYDNEY Olympic Park will be the location of the V8 Supercar race for the next five years, but owners of the event will have to promote, broadcast and organise the race without using the word "Olympic" except as part of the proper name "Sydney Olympic Park".