Dubbed “Frankenstorm”, Hurricane Sandy is slamming the US north east coast affecting New York, Atlantic City and surrounds, Monday night US time. There is extensive coverage on US TV and here in Australia covering the storm and keeping viewers up to date. Continue reading »
Nine Entertainment Co CEO David Gyngell today conveyed the best wishes of the network to veteran cricket commentator Tony Greig, who has been diagnosed with lung cancer. Continue reading »
The Nine Entertainment Co. (NEC) Group today reached a landmark agreement with representatives of its senior and mezzanine lenders for a restructuring of its financing arrangements. Continue reading »
The deal was announced by Nine CEO David Gyngell outside a meeting with the media company’s lenders in Sydney.
“Channel Nine’s back,” Mr Gyngell told reporters. “[It] is going to be a debt free company which makes it the most powerful media balance sheet in the country.” Continue reading »
Today, October 16, Nine CEO David Gyngell and Chairman Peter Bush hosted a meeting at law firm Gilbert & Tobin in Sydney with representatives of creditors US hedge funds Apollo and Oaktree, and Goldman Sachs.
Soon after 5pm AEDT, news has broken that a debt for equity deal has been reached – which will prevent Nine from having to go into administration.
On Monday night, October 16, ABC News outrated Seven’s and Nine’s 6pm News. The slump in Seven News is mostly due to very poor figures in Melbourne, where ABC news was the most watched news of the night. Continue reading »
NINE will screen LIVE coverage of the memorial ceremony from Bali. Continue reading »
ABC1 and ABC News 24
Bali Remembered: Canberra Memorial Service
9.30am – 11am
The Governor General hosts a memorial Service in the Great Hall in Canberra to mark the tenth anniversary of the first Bali bombing. Continue reading »
Sydney played host to a group believed to include Nine’s chairman Peter Bush and chief executive David Gyngell. Continue reading »