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CBS makes offer for Ten Network

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United States television network CBS has emerged as a surprise saviour for Australia's Ten Network, offering to buy the network at a cost analysts estimate to be $400 million. Image: A billboard is displayed near the offices of the Ten Network in Sydney (AAP)


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By Camille Bianchi

Source: SBS



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United States television network CBS has emerged as a surprise saviour for Australia's Ten Network, offering to buy the network at a cost analysts estimate to be $400 million. Image: A billboard is displayed near the offices of the Ten Network in Sydney (AAP)


The Ten Network says the move will allow the broadcaster to move into a new chapter on firmer footing.

 

 

 


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