yes they would. Which comes up for renewal after 2019 season.
The next contract comes up for renewal is MotoGP, which expires after 2018 season.
‘Supergrass’ on Triple M’s Grill Team doesn’t have a great track record of getting things right but for what it’s worth, he was speculating about the future of 60 minutes on 9, due to it being a CBS title. Also, speculated about ‘The Project’, apparently CBS bosses did not/do not like Waleed Alys anti American stance, particularly during the recent election.
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Yeah not buying that.
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A reminder:
This thread is for discussion around Ten Network Holdings, the sale process and share market impact.
The Ten post CBS thread is for the changes that may occur to the network after.
More than happy for ‘Was Ross Gellar Antifa?’ discussion to go in the Friends thread.
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The Australian is reporting that KordaMentha were due to release an administrator’s report yesterday, but will now release it on Monday, with the creditor’s meeting that will vote on the CBS proposal expected to be held on 12 September.
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Ten Network Holdings won’t return to the share market; hopefully there’ll be enough approvers so it’ll quickly become a wholly owned subsidiary of CBS Corp.
I suppose the only other relevant thing for this type of thread may be what will eventually happen for the other networks currently licensed for CBS content; will their share prices be negatively impacted by the expectation that when their existing CBS contracts come up they won’t be renewed?
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CBS as the largest creditor will wave through the approval. The higher the money owed the more votes you get. Plus the banks will wave it through as they get their money back.
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However Ten’s pending sale to CBS has had an impact on 7 and 9 shares IIRC
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However they weren’t a secured creditor as far as I’m aware.
As well as a majority of creditors by dollar value owed, they also need to get a majority of creditors by total number aswell.
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The SMH is wondering:
The SMH asked ACMA via freedom of information requests if they were investigating anyone for breaches of ownership rules, but the SMH were given heavily redacted documents and non-specific answers.
This may explain the status of The Simpsons on Ten??
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Pathetic from fox if they take their ball and go home sulking. That business and clearly they won’t extract the money from other free to airs for that content so they’ll end up on pay tv.
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I don’t think CBS would care too much if FOX decided against supply of content. Simpsons is no longer pulling in viable numbers anyway. CBS have a large number of formats, plus their own content new and old that they could easily plug a schedule with.
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Link is not working. Here’s one that does.
http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01892571
The two most valuable properties that Fox have would be Modern Family and This is Us. The Simpsons would be third.
Isn’t Modern Family an ABC production?
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