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CBS is expanding to Australia with buy-out of troubled broadcaster Network Ten

CBS is expanding to Australia with buy-out of troubled broadcaster Network Ten



 CBS is to branch into Australia after it announced a deal to acquire struggling broadcaster Network Ten. The deal, which is subject to regulatory approvals, could save the network from a difficult patch. Network Ten has been in voluntary administration since June after key investors withdrew financial support following a drop in ad sales and continued losses. CBS could use its new found… Read More



Source: techCrunch

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