Seven projects its hopes on a smaller screen

Article Abstract:

Seven Network must concentrate on its television broadcasting business after disposing of its investment in motion picture maker Metro-Goldwyn-Mayer. Kirk Kerkorian, who holds a majority of MGM stock, agreed to pay $280 million (US) for the shares, and Seven Network will use the proceeds to reduce debt. Seven has contracted to supply pay-TV programming for Optus Communications.

Author: Shoebridge, Neil
Television Broadcasting, Television broadcasting stations, Motion Picture and Video Industries, Motion Picture & TV Production, Motion Picture Production & Services, Management, Television broadcasting industry, Motion picture industry, Movie industry, Securities, Seven Network Ltd., Metro-Goldwyn-Mayer Inc.

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Feel-better business

Article Abstract:

A profile of chief executive Marcus Blackmore of Blackmores Ltd., who steered company's sales growth above 16% yearly, is presented.

Author: Quinlivan, Beth
Australia, Sales, profits & dividends, Executive changes & profiles, Officials and employees, Company sales and earnings, Dietary supplements industry, Growth, Company earnings/profit, Blackmores Ltd., Company growth, Occupation overview, Blackmore, Marcus

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