Originally Posted by
Ogg
What song and dance? There was a couple of articles in NZHeard last October about it. All gossip. It said Mediaworks was for sale, but Mediaworks has lots of different assets. The radio part of business was being sold. The TV business was never for sale, only some of the assets were getting broken up.
Don't you think it's weird that they said "we're not making any redundancies in the TV department", but then they go and flog off the building? Wouldn't you keep the building if you were looking for a buyer? So weird. It's being assets striped - typical Wall Street style.
If your buying Sky you might as well buy TV3 and take the lot.
Why else would Brookfield buy a controlling stake in Oaktree?