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Ten Network Holdings Limited (ASX:TEN) has been accused of not making any progress after it presented its media plans for next year, more than a month ago.
The Australian Financial Review said that although Ten was understood to have signed deals with large advertisers, the advertisers said they haven’t had any discussions with the network.
One advertiser said conversations will centre on how badly reality TV show The Renovators is doing, and talks won’t happen until November.
No one from the network has yet commented on the criticism.
In the six months to February 28, 2011 Ten reported a net profit of $49 million.
