type public traded as asx ten industry media founded 31 march 1998 headquarters sydney new south wales australia key people paul anderson ceo david gordon chairman products television operating income a 128 million owner win corporation 15 % hancock prospecting 10 % consolidated press holdings 18 % lazard asset management 6 % foxtel management pty limited 15 % website tencorporate.com.au ten network holdings ltd is one of australia s major media companies . it is headquartered in sydney australia . contents 1 assets 2 canwest sale 3 james packer share purchase 4 foxtel takeover bid 5 references 6 external links assets edit while originally focusing on running a television network ten has recently diversified into a range of other media areas over the past decade . below are some of the businesses it has run or is involved with network ten atv melbourne ten sydney tvq brisbane ads adelaide new perth one elevenco . 66.6 % spree tv outdoor plus pty limited media choice llc ultimate media group pty limited canwest sale edit on 24 september 2009 canwest announced that it was selling its 50.1 % stake in ten network holdings for a 680 million following the 2006 concentration restriction on australian media ownership 1 in order to pay down its significant debt although it was not enough to save the former parent which went out of business the next year . james packer share purchase edit during october 2010 james packer through his private for consolidated press holdings bought 17.88 % of shares in ten network holdings . 2 half of this was then bought from packer by lachlan murdoch ; the two are listed as joint owners of 17.88 % of the company 3 on 26 november mining magnate and australia s wealthiest woman gina rinehart was appointed a position of the board after purchasing 10 % of the company . 4 speculation surrounds the future of the packer investment as upcoming changes to sport broadcast regulation and ten s low share price in a slowly resurgent market are seen as possible drivers for the current stake . on 23 february 2011 the board of ten network holdings terminated the contract of ceo grant blackley . lachlan murdoch was appointed acting ceo . 5 in february 2012 murdoch was appointed chairman by the board replacing brian long who became deputy chairman with james warburton as the company s ceo . 6 on 26 march 2014 hamish mclennan was appointed executive chairman after becoming chief executive officer and managing director of the company in march 2013 replacing james warburton . lachlan murdoch retired as chairman and a director to join news corp and 21st century fox as non executive co chairman . 7 on 27 july 2015 paul anderson was appointed chief executive officer and non executive director david gordon was appointed chairman after hamish mclennan stepped down from both roles . 8 foxtel takeover bid edit in 2014 news corp telstra owned foxtel and u.s. cable company discovery communications made a joint venture to take a bid on ten . other u.s. based companies and investment firms such as anchorage capital group and saban capital group were also on the bidding list . however this was opposed by win corporation owner and ten shareholder bruce gordon stating that ten would remain in the australian hands . 9 on 15 june 2015 foxtel officially agreed to buyout 15 % shares in ten network holdings pending the approval from the australian competition and consumer commission . prior to the acquisition discovery backed out from bidding partnership with foxtel . there were numerous reports stated that foxtel will push through the 15 % acquisition of ten once the australian government will abolish the restriction on cross media ownership . references edit canwest sells ten network stake for 680m . the australian . 24 september 2009 . retrieved 2 august 2015 . curran enda ; koons cynthia 20 october 2010 . australian billionaire packer buys ten network stake . the wall street journal . retrieved 21 october 2010 . section ignored help aap reuters business day . packer off ten board as shake up continues . sydney morning herald . fairax . retrieved 17 january 2012 . cs1 maint multiple names authors list link janda michael . ten ceo sacked lachlan murdoch steps in . abc news online . abc . retrieved 17 january 2012 . janda michael lachlan murdoch appointed acting ten ceo abc news 23 february 2011 . ten appoints new chairman ten network holdings 10 february 2012 . changes to ten s board of directors ten network holdings 26 march 2014 . ten network board and senior management changes . ten network holdings 27 july 2015 . discovery foxtel takeover of australia s ten network opposed by major shareholder . the hollywood reporter . retrieved 07 04 2015 . external links edit ten corporate v t e ten network holdings television network ten sydney melbourne brisbane adelaide perth multichannels ten hd eleven one tvsn spree tv defunct ten guide other oztam 33 % other online tenplay see also ten eyewitness news ten sport programs retrieved from https en.wikipedia.org w index.php title ten network holdings & oldid 741670364 categories network tencompanies based in sydneytelevision broadcasting companies of australiacompanies listed on the australian securities exchangeholding companies of australiahidden categories cs1 errors chapter ignoredcs1 maint multiple names authors listuse australian english from august 2015all wikipedia articles written in australian englishuse dmy dates from april 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 29 september 2016 at 00 00 . text is available under the creative commons attribution sharealike license ; 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