Latest in Consolidated Media Holdings

Shareholders in Consolidated Media Holdings have given the green light to a $2 billion takeover offer from News Corp. The deal will double the stake of News Corp’s Australian dominant pay-TV platform Foxtel to 50 percent and give it 100 percent of content provider Fox Sports, Reuters reports. Consolidated Media’s…

Tokyo Hosts 'Trouble With The Curve' Clint Eastwood-starrer Trouble With The Curve will close the Tokyo International Film Festival on October 28. Directed by frequent Eastwood collaborator Robert Lorenz, the film stars Eastwood as an aging baseball scout and Amy Adams as his estranged daughter. Justin Timberlake…

Seven Group Still Undecided On News Corp.’ $2B Offer For Consolidated Media In June, News Corp. launched a $2.1B bid for Consolidated Media Holdings, a 25% owner of pay-TV platform Foxtel and 50% owner of the Fox Sports channels, but Seven Group Holdings still hasn't decided whether to sell its 25.3% stake in CMH…

Don Groves is a Deadline contributor based in Sydney News Corp.'s move to acquire James Packer's Consolidated Media Holdings is nearing completion. Reporting revenues today, CMH said the deal should be finalized in six weeks, pending the completion of due diligence and approval from the Foreign Investment Review…

Don Groves is a Deadline contributor based in Sydney. News Corp.'s $A2 billion ($2.1B) bid for James Packer's Consolidated Media Holdings, which owns 25% of Australian pay-TV platform Foxtel and 50% of the Fox Sports channels, has been cleared by the government regulator. The Australian Competition and Consumer…

Don Groves is a Deadline contributor based in Sydney. If Kerry Stokes' Seven Group Holdings  is serious about lodging a counter bid for Consolidated Media Holdings, topping News Ltd.'s $A2 billion play for control of the Australian pay-TV investment company, many investors aren't convinced. The share price of CMH is…

Just days after News Corp made a $2Bn offer to buy James Packer's Consolidated Media Holdings, the Oz regulator has revealed that a rival bid may be afoot. Billionaire Kerry Stokes' Seven Group Holdings, which currently owns 24% of CMH, is “actively considering acquiring further shares” in the company, the Australian…

Don Groves is a Deadline contributor based in Sydney. News Corp's $2 billion offer for James Packer's Consolidated Media Holdings will boost News' earnings per share by 2% in the 2014 fiscal year if the deal proceeds, according to media analysts at Goldman Sachs. Transaction would give News full ownership of…

Freelance journalist Don Groves is a Deadline contributor based in Sydney UPDATED: News Corp. is poised to strengthen its dominance of the Australian pay-TV industry after launching a $A1.97 billion bid to buy James Packer's Consolidated Media Holdings. The deal, which Packer has welcomed, would increase News'…