Channel Ten is not insolvent — its voluntary administration is simply a ruse to allow Rupert to take over the rest of Australia’s mainstream media. Managing editor David Donovan explains.
I SHOULDN'T NEED to write about the reasons behind the so-called “bankruptcy” of Channel Ten, because the reasons are blatantly apparent. But, try as I might, I can’t seem to find this sort of commentary anywhere — apart from on social media, of course.
It’s enough to make one think our media representatives are either stupid or corrupt. Heavens! Perish the thought.
Here are the facts.
TEN Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held