Paper warfare erupts out west

Article Abstract:

Australia's News Ltd. is attempting to gain a larger share of the Perth newspaper market by increasing the advertising competition and limiting the cashflow of rival West Australian Newspaper Holdings (WAN). WAN's share price has fallen to $5.60 from a high of $6.50 in 1998. To weaken WAN, News Ltd. has purchased a 50.1% stake in Kerry Stokes' Community Newspaper group; the other shareholder is WAN. Also, News Ltd. has discounted advertising and increased the costs of its own editorial services sold to WAN.

Newspaper Publishers, Advertising Supplements, Statistical Data Included, Newspapers, Market share, Perth, Australia, News Ltd., West Australian Newspaper Holdings

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West intentions

Article Abstract:

West Australian Newspapers (WAN) share price has risen by 29 percent from $4.98 to $6.42. Maximum cost cutting, a new-look paper and strong advertising revenue are benefiting the WAN's profits to increase but, not its acquisition ambitions and also, the reasons why WAN is a star are mentioned.

Capital funds & cash flow, Valuation, West Australian Newspapers Holdings Ltd.

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MacMedia makes a good show

Article Abstract:

Macquarie Media has floated shares worth $996 million. Demand from investors for the two phases of float is believed to be high.

Radio Broadcasting, Radio broadcasting stations, Radio broadcasting industry, Going public (Securities), Initial public offerings, Company public offering

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