Network ten

Advisory firm IBB Consulting, which is owned Accenture, is developing a media briefing portal which will make it easier for advertisers and their agencies to buy Australian TV inventory. The firm was hired by ThinkTV, a research and marketing group formed last year to represent its shareholders Foxtel/MCN, Network Ten,

American broadcaster CBS will purchase Australian broadcaster Network Ten, which has been in receivership since July. The acquisition means billionaires Lachlan Murdoch and Bruce Gordon will not be buying Ten, despite receiving clearance from competition regulator, the ACCC. Sign up for Which-50’s Irregular Insights newsletter The acquisition will return stability