Perennially third-ranked commercial TV network Ten's future is in question as the embattled broadcaster faces its biggest test after years of challenges.
* March, 2005 - Ten's share price hits a record of $33
* November, 2010 - James Packer sells half his 17.8 per cent stake to Lachlan Murdoch for $128 million.
*June, 2012 - Gina Rinehart, Lachlan Murdoch and James Packer increase their shareholding in Ten by taking part in the group's $200 million capital raising.
* December, 2012 - Ten announces a $230 million capital raising, its second in six months. Media mogul Kerry Stokes buys just under five per cent of Ten.
* October, 2013 - Ten books a $285 million net loss 2012/13. Unveils a four-year, $200 million financing facility, guaranteed by Ten's major shareholders Bruce Gordon, Lachlan Murdoch and James Packer. Fellow high-profile shareholder Gina Rinehart supports the loan but was not a guarantor.
* October 2014 - Ten books annual net loss of $168.3 million, hurt by rising television costs and lower revenue.
* October 2015 - Ten's annual net loss almost doubles to $312.2 million on the back of a big writedown in the value of its television licence.
* October 2016 - Ten slashes its annual net loss to $156.8 million, thank to a rise in advertising revenue.
* April 2017 - Ten dominates at 2017 Logie Awards. Four days later Ten says it needs a new financing package, supported by major investors Bruce Gordon, Lachlan Murdoch and James Packer, after posting a first-half net loss of $232.2 million. Shares hit a record low of 36 cents.
