share price, page-19

Ten share price held up well considering the what happen Seven West Media. Maybe Ten lossing right to broadcast AFL was blessing in disguise, seven may have paid to much for the rights as advertising market is not improving. This maybe warning for Ten not to over pay for NRL rights plus all the cost with broadcasting. SWM has $2B in debt with cut back necessary it may give Ten some room to catch. Ten is geared at about 33% or $330M in debt they to have to wait for advertising market to improve. I think I rather be in ten as it already started cost cutting.