BigDatr August 2017 Marketing News
Farzana Haroon31 Aug 2017
US-based giant media broadcaster CBS Corporation has agreed to buy Network Ten from administrators KordaMentha. CBS Corporation has entered a binding transaction document to purchase the network and assets of Ten, which means billionaires Lachlan Murdoch and Bruce Gordan have failed in their attempt to take control. CEO of Ten, Paul Anderson says "CBS and Ten have had a strong relationship for a number of years. We are very excited about further developing that relationship with CBS as an owner and strength that they will provide to the company at this critical time."