Business Services Industry
Ten's earnings to leave bad taste.
Australasian Business Intelligence, June, 2009
Byline: Neil Shoebridge
Jun 22, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Weak conditions in the TV and outdoor advertising markets are expected to have a negative impact on Ten Network's earnings. As at late June 2009, media analysts have forecast the TV station will report a fall of at least 40% in EBITDA for the three months to 31 May. The popularity of TV programs such as "Masterchef", and "Talkin' 'Bout Your Generation" have contributed to strong audience growth at Ten in recent weeks.
Publication Date: 23 June 2009
TEN NETWORK HOLDINGS LIMITED - ASX TEN
MACQUARIE RESEARCH EQUITIES
MACQUARIE BANK LIMITED - ASX MBL
MERRILL LYNCH AND COMPANY INCORPORATED
DEUTSCHE BANK AG
SEVEN NETWORK LIMITED - ASX SEV
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