A decision on the future of the Ten Network has just been handed down as Supreme Court judge Ashley Black approved the transfers of shares to media giant CBS marking the crucial final stage of the takeover.
The approval comes despite opposition by three minor shareholders who opposed the transfer.
The $41 million CBS takeover was almost unanimously backed by Ten’s creditors including the broadcaster’s employees at a meeting in September.
Ten revealed its 2018 programming slate at its annual Upfronts event in Sydney last night. It saw the introduction of new romance formats, comedy and the return of safe tent pole shows. Read more here.
Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at adnews@yaffa.com.au
Sign up to the AdNews newsletter, like us on Facebook or follow us on Twitter for breaking stories and campaigns throughout the day.