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AUSTRALIA'S PBL TO MAKE CUTS AT TV WEEK: MERRILL LYNCH.
AsiaPulse News, July, 2002
Tags: Merrill Lynch & Co. Inc., TV
MELBOURNE, July 8 Asia Pulse - Australian media giant Publishing & Broadcasting Ltd (ASX:PBL) is planning a crackdown on the running costs of its TV Week magazine, according to brokerage Merrill Lynch.
Merrill Lynch told clients that PBL's $A60 million ($US33.48 million) move to 100 per cent ownership of TV Week was at a "fairly full price" with the ...