I’m kinda surprised the Telco’s don’t buy it. Take it over, shut it down, lobby the government that broadcast TV doesn’t work, all to get a bigger slice of the radio spectrum for themselves. Or should I not be giving them ideas?
SCA has Tasmania to fall back on, to cross subsidise other markets. This is how SCA and WIN have been able to survive so long without killing stations.
Deal done for the rest of SCA’s television portfolio.
ADH has swooped on Tasmania, Spencer Gulf, Broken Hill, Mt Isa, Darwin and remote Central and Eastern Australia.
The company has now completed its divestment from TV. It has signed a binding proposal with Australian Digital Holdings to offload the remaining regional licenses.
The ADH agreement is subject to negotiation and final transaction documentation. The parties aim to complete this transaction in the coming weeks at a value of about $6.35 million.
The other bit of news (hidden in the results presentation) - all the regulatory bits for the sale to ten are complete, sale completes on Saturday (1 March)
This article includes SCA’s announcement to Australian Securities Exchange
Potentially interesting times ahead for Tasmania especially.
SCA has not mentioned if the sale of these stations to ADH has any conditions in terms of affiliation to the three commercial networks. Can ADH change the affiliations if it wishes?
Not if there is a contract in place, unless there’s a clause.
I’d also assume they’d want to broadcast a mainstream network for revenue and use an additional channel to broadcast their filth.
Who would they swap the affiliations to?
Unless they swap them all to NewsHax and make it 24/7 affiliates, they’re stuck with Seven. And Nine and Ten in certain markets.
What I am thinking is that ADH could keep its affiliations with Seven and Nine, and drop 10 altogether (including VAST), forcing viewers in the affected areas to stream programs through 10play.
ADH reportedly wanting to increase local productions through these stations, particularly news, and these stations are not a vehicle for the upcoming launch of Newsmax.
Very interesting developments.
I hope they carry out this promise, but I do not expect them to do so.
Yep, this is the beginning of 10’s demise in much of regional Australia. The 10 stations are simply unprofitable and won’t survive in the long-term. The only way 10 can really survive as a whole is by going back to the capital cities and ceasing to exist in regional areas where they don’t own and operate a station.
Big blow to the Seven Network.
In particular, the sale of SCA’s Tasmania station to Australian Digital Holdings will come as a blow to Channel 7, which had hoped to acquire the high rating station to complete its regional network—especially with the launch of the state’s new AFL team from 2028.
But if 10 does not broadcast into some regional areas, and have sports that are protected on the anti-siphoning list, is that considered a breach?
Hopefully they can come to an agreement to closer align Seven News in Tasmania with the main brand.
In which areas does ADH now own part of 10? Tasmania?
That is a possibility. I hope the ACCC and the ACMA will take a closer look at this sale deal.
It’s an interesting situation as I thought that TDT could NOT be a stand alone station, as in it was tied to either TNT or TVT licenses.
SCA haven’t mentioned TDT or the Darwin operation at all, so maybe for this scenario ADH will get the 50% share of both operations…
Room on the TDT mux for NewsMAX…