Ten (Southern Cross)

Do we have an estimate of when the sale of NRN will be finalised and the station handed over to WIN? It’s almost been one month since the final sale was announced, would it take longer for the evaluation of Bermuda Bruce?

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Yes, bureaucracy takes time Nick.

This time a good thing for which Northern NSW Ten viewers should be thankful.

So does writing a cheque for $45 million :wink:

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As posted in WIN Television thread, Southern Cross has finalised the sale of NRN to WIN and the transfer will take place on May 31.

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Don’t know if NRN Will introduce WIN News to Northern NSW if they do, Odds On a Bulletin for Newcastle will be Produced given that’ll air after Ten Eyewitness News.

Incredible to see how the value of television has dropped in 20 years. Back in 1994 Southern Cross Broadcasting bought Capital TV (Canberra, Riverina, Illawarra, Central West) for $40million - which in today’s money would be $70million. And Capital has only two-thirds the audience.

Essentially a TV station is worth half what it was in 1994.

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Due to the fact that now we have Youtube.

and Netflix…and what seems like a thousand other ways of sourcing content.

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Yes, I think You Tube is the least of Free-to-Air’s worries. Netflix, Now TV, Stan (is it?) even recording machines remove any incentive for advertisers to consider linear television.

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2 minute news updates are more likely from the nearest WIN studio. Why would WIN want to introduce new news bulletins now they are airing Ten network programs?

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Which is Wollongong.

Noodle updates are the most likely in the short term, at least. Perhaps taking over noodle updates in NNSW will convince them to introduce them in Mildura, Griffith, Mackay, Mt Gambier/Loxton and regional WA where have axed all local news.

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WIN already does a news update for Riverland/Mount Gambier since they binned WIN News. But it’s only basic, relies on other resources and WIN isn’t actually required or obligated since there are no local content requirements in these two regions!

What has happened to the old Coffs Harbour studios?

I’d say they were decommissioned long ago…

They stopped doing Local News from Coffs in 1995 and would have had little else to use it for since.

The old main TV studio in the SCA complex in Coffs Harbour is still there and is used for TV commercial production and radio station promotional activity. Still has a fully functioning lightning grid but can’t do live TV or any kind of TV programming unless there is an OB truck parked out the front as the control room is long gone.

A seperate room that was once the news studio is now a videotape storage room.

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It’s the third commercial network over a broadly geographically spread area, that’s going to have a major impact

I’d be interested to see what the infrastructure value was for both transactions, id imagine that theyre buying more infrastructure then Goodwill on a percentage basis

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If WIN were to do any kind of news for NNSW it would most likely come from Wollongong.

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Also no guarantee that WIN will get that building since it is now the home of the SCA radio stations.