the only realistic buyer for the network would be News Corp/Foxtel, which would be horrible if they got their hands on it. Murdoch has enough power as it is
Exactly - 10 have more viewers where it matters, in the key demos where advertising is sold. ABC only really beat them in total people, with an older average audience age.
Mumbrella’s Nathan Jolly spoke to Marco Nobili, EVP and international GM of Paramount+, and Beverley McGarvey, head of streaming and regional lead for Australia and New Zealand, and recently appointed president of Network 10, about the company’s local direction and strategy.
A Network Ten spokesperson declined to comment. However, network executives – speaking anonymously due to the ongoing negotiations – said they considered Ellison’s merger proposal to be a positive one that could leave Paramount’s Australian assets in a strong position. A successful deal would also firm up the content pipelines for Paramount’s free and paid services locally, they said.
Meanwhile, another potential suitor, HBO-owner Warner Bros Discovery, freed itself up this week. It had been in the middle of a two-year period of restrictions on merger and acquisition activity after its recent merging of Discovery and WarnerMedia in 2022.
That article overlooks the crucial detail that, should Skydance|Redbird|KKR prove successful, Ellison has explicitly mentioned in US media that Paramount’s International division, including 10, would be divested post-merger, along with assets such as BET. Additionally, he has articulated his intention to integrate Paramount+ with either NBCUniversal’s Peacock or WBD’s Max to ‘preserve’ the service in the event of a deal being finalized.