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Hot Topic Hawke’s Bay
General Business
8 mins to read
7

Timing was never right to find buyer for MediaWorks – industry sources  

Now unlikely to find local buyer for loss-making television assets.

Dita De Boni Fri, 18 Oct 2019

Finding a buyer for MediaWorks’ TV assets will be an uphill battle for distressed-securities investment firm Oaktree and outdoor and digital business QMS, the joint owners of of the media company, according to media industry sources.

Today MediaWorks said it would hive off its loss-making TV

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Dita De Boni Fri, 18 Oct 2019
Contact the Writer: dita@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
MediaWorks Oaktree Capital John Fellett Dita De Boni
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