CBS Corporation acquires Network Ten in Australia
Sydney, Amsterdam and New York – CBS Corporation has completed its acquisition of Network Ten, one of three major commercial broadcast networks in Australia, it was announced by Chairman and CEO Leslie Moonves.
This transaction adds Network Ten to CBS Corporation’s global content and distribution portfolios. In addition to core linear channel TEN, the deal includes digital terrestrial television (DTT) channel ELEVEN, which CBS already had a stake in, as well as the DTT channel ONE and Network Ten’s rapidly growing digital platform, TENPLAY.
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