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PBL Media is a joint venture between Consolidated Media Holdings
Consolidated Media Holdings

Consolidated Media Holdings is one of Australia's largest companies, with interests primarily in subscription media. Interests include Foxtel, Premier Media and Seek....
 and CVC Asia Pacific
CVC Capital Partners

CVC Capital Partners is one of the top 5 largest private equity firms in the world with approximately US$46 billion in funds focused on management buyouts....
. Originally ownership of the joint venture was 50/50, however in June 2007, PBL announced that it would sell a further 25% to CVC for $AUD 515 million. In September 2007, it was announced that the transaction was to go ahead at the increased purchase price of approximately $AUD526 million.

On 27 October 2008, James Packer and Consolidated Media Holdings representatives quit the board of PBL Media, effectively ending financial backing and future associations with the company.






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PBL Media is a joint venture between Consolidated Media Holdings
Consolidated Media Holdings

Consolidated Media Holdings is one of Australia's largest companies, with interests primarily in subscription media. Interests include Foxtel, Premier Media and Seek....
 and CVC Asia Pacific
CVC Capital Partners

CVC Capital Partners is one of the top 5 largest private equity firms in the world with approximately US$46 billion in funds focused on management buyouts....
. Originally ownership of the joint venture was 50/50, however in June 2007, PBL announced that it would sell a further 25% to CVC for $AUD 515 million. In September 2007, it was announced that the transaction was to go ahead at the increased purchase price of approximately $AUD526 million.

On 27 October 2008, James Packer and Consolidated Media Holdings representatives quit the board of PBL Media, effectively ending financial backing and future associations with the company. It is likely that James Packer's remaining 25% stake in PBL Media will be diluted when new sources of funding is found.

Under a recent split of PBL into two companies, the PBL Media formerly held by PBL is now held by Consolidated Media Holdings.

Assets

  • Australian Consolidated Press
    Australian Consolidated Press

    ACP Magazines , a member of the PBL Media group, is an Australian media company that was founded in 1933. It publishes the Australian Women's Weekly and the Australian edition of Woman's Day....
  • carsales.com.au (50.6% stake)
  • myhome.com.au (48.75% stake)
  • Ninemsn
    NineMSN

    ninemsn is an Australian 50/50 joint venture between Microsoft and PBL Media. It effectively acts as the website for both the Nine Network and MSN, and is one of Australia's most popular websites....
     (50% stake)
  • Nine Network
    Nine Network

    The Nine Network, or Channel Nine, is an Australian Television broadcasting in Australia based in Willoughby, New South Wales, a suburb on the North Shore of Sydney....
    • TCN
      TCN

      TCN stands for:* Community Hebrew Academy of Toronto North Campus, a private Hebrew high school in Richmond Hill, Ontario, Ontario, Canada* TCN-9, a Sydney television station...
       Sydney
      Sydney

      Sydney is the List of cities in Australia by population in Australia, with a metropolitan area population of approximately 4.34 million . It is the List of Australian capital cities of New South Wales, and was the site of the first British Empire colony in Australia....
    • GTV Melbourne
      Melbourne

      Melbourne is the more common name for the geographic region and Census in Australia of the Greater Melbourne metropolitan area. It is the second List of cities in Australia by population in Australia, with a population of approximately 3.8 million and serves as the List of Australian capital cities of Victoria ....
    • QTQ Brisbane
      Brisbane

      Brisbane is the state List of Australian capital cities of Queensland and its most populous city. It is also the List of cities in Australia by population in Australia, behind southern rivals Sydney and Melbourne....
    • NTD Darwin
      Darwin, Northern Territory

      Darwin is the List of Australian capital cities of the Northern Territory, Australia. Situated on the Timor Sea, Darwin has a population of 120,900, making it by far the largest and most populated city in the sparsely peopled Northern Territory, but the least populous of all Australia's capital cities....
  • NBN Television
    NBN Television

    For Philippine TV Network. see National Broadcasting NetworkNBN Television is a television station based in Newcastle, New South Wales, Australia....
  • Darwin Digital Television
    DTD (TV station)

    Darwin Digital Television is a new digital television Television broadcasting in Australia in Darwin, Northern Territory, Northern Territory. It is jointly owned by the PBL Media owner of NTD and the Macquarie Media Group owner of Southern Cross Television....
     (50% stake)
  • Ticketek
    Ticketek

    Ticketek is an Australian event Ticket ing company. Formed in 1979, the company is owned by PBL Media and operates ticketing operations for entertainment and sporting events in Australia, Argentina and New Zealand....
  • Acer Arena
    Acer Arena

    Acer Arena is a large entertainment and sporting complex located in Homebush, New South Wales in Sydney, Australia. It is situated in Sydney Olympic Park, and was completed in 1999 as part of the facilities for the 2000 Olympic Games....
  • Sky News Australia
    Sky News Australia

    Sky News Australia is an Australian 24 hour cable and satellite news channel available on Foxtel, Austar, Optus Television and Neighbourhood Cable subscription platforms....
     (33.33% stake)


History

PBL Media was established in October, 2006, when Publishing and Broadcasting Limited
Publishing and Broadcasting Limited

Publishing and Broadcasting Limited was one of Australia's largest companies, with interests primarily in media and gaming. The company demerger in late 2007, spin out its gaming interests into Crown Limited....
 transferred its media interests, including the Australian Consolidated Press
Australian Consolidated Press

ACP Magazines , a member of the PBL Media group, is an Australian media company that was founded in 1933. It publishes the Australian Women's Weekly and the Australian edition of Woman's Day....
, Nine Network
Nine Network

The Nine Network, or Channel Nine, is an Australian Television broadcasting in Australia based in Willoughby, New South Wales, a suburb on the North Shore of Sydney....
, and ninemsn
NineMSN

ninemsn is an Australian 50/50 joint venture between Microsoft and PBL Media. It effectively acts as the website for both the Nine Network and MSN, and is one of Australia's most popular websites....
, to the new business - a joint venture between PBL and CVC Asia Pacific
CVC Capital Partners

CVC Capital Partners is one of the top 5 largest private equity firms in the world with approximately US$46 billion in funds focused on management buyouts....
. The recapitalisation was announced on October 18, 2006.

John Alexander
John Alexander

John Alexander may refer to:* John Alexander , Scottish historical painter and engraver* John Alexander , scriptural commentator* John Alexander , - United States Representative from Ohio...
, Chief Executive Officer
Chief executive officer

A chief executive officer or chief executive is typically the highest-ranking Corporate title or Administration in charge of total management of a corporation, company, non-profit organization, or government agency, reporting to the board of directors....
 of PBL, was announced as the Executive Chairman of PBL Media, along with Ian Law
Ian Law

Ian Law is a former Australian rules footballer who played for the Hawthorn Football Club throughout the 1960s.A rover, Law won the Hawthorn Peter Crimmins Medal award in just his second year of VFL football and also finished 1961 third in the Brownlow Medal count....
 as CEO and Pat O'Sullivan
Pat O'Sullivan

Pat O'Sullivan is an American golfer who won the 1950, 1951, and 1953 North and South Women's Amateur Golf Championship. As well, she won the 1951 Titleholders Championship, then one of the LPGA Tour's women's majors....
 as Chief Financial Officer
Chief financial officer

The chief financial officer of a Types of companies or public agency is the corporate officer primarily responsible for managing the Finance risks of the business or agency....
. The company's current directors are Ian Law, Chris Anderson, Martin Dalgelish, Robert Lucas, Adrian MacKenzie and Maarten Ruijs.

James Packer and John Alexander quit the PBL Media board in December 2007.

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