Seven Group Holdings
Appearance
Company type | Public (ASX: SEV) |
---|---|
Industry | Media |
Founded | 1956 |
Headquarters | Sydney, Australia |
Key people | Kerry Stokes, Executive Chairman David Leckie, CEO |
Owner | Kerry Stokes > 40% substantial shareholder[1] |
Website | sevencorporate.com.au |
Seven Network Limited (Seven), is Australia's largest media company. Head office is in Sydney, Australia.
Private Equity Joint-Venture
In December 2006, company shareholders voted to spin-off the company's 'old media' assets into a 50/50 joint venture with private equity firm Kohlberg Kravis Roberts, creating the Seven Media Group.[2]
Assets
Seven is a diversified media company with significant interests in free-to-air and subscription television, publishing and digital media.
Current
- Seven Media Group, 50%, holdings include...
- Seven Network, 100%, Australia's largest free-to-air television network.
- Pacific Magazines, 100%, Australia's second largest magazine publisher.
- Yahoo! 7, 50%, a joint-venture internet portal with Yahoo!, Inc.
- Sky News Australia, 33%, a joint-venture subscription television news service with British Sky Broadcasting and PBL Media.
- Consolidated Media Holdings, 20%, holdings include...
- Foxtel, 25%, Australia's largest subscription television company.
- Premier Media Group, 50%, which owns and operates Fox Sports Australia, Fuel TV Australia, How To Channel Australia.
- Fairfax Media, 3%-5%, one of Australia's largest diversified media companies.
- West Australian Newspapers Holdings Limited, 22.3%, Western Australia's largest newspaper publisher.
- Prime Media Group, 14.9%, Australia's second largest free-to-air regional television network.
- m.Net Corporation Limited, 33%, a joint-venture mobile services company with Telstra and Alcatel.
- Engin, 58%, an Australian VoIP provider.
- Unwired, 100%, an Australian wireless network provider.
- Perth Entertainment Centre, 100%, an abandoned indoor arena and cinema complex located in Perth, Western Australia.
Past
- It owned a large stake in the Docklands Stadium in Melbourne.
- It was a former stakeholder in the Optus TV consortium.
- It owned a part of Metro-Goldwyn-Mayer - Once during the Christopher Skase ownership through Qintex in 1989 and again with Kerry Stokes in 1997.
- It was a former partner in the AOL7 Internet joint venture with America Online and Telecom New Zealand subsidiary AAPT. This venture is now owned by Primus Telecom and has been renamed "Primus-AOL", but Seven continues to supply it with content.
- It owned Ticketmaster7, a ticketing company.
- It owned a majority stake in B Mobile, a mobile phone retailer but has now sold out.
- It owned the (now defunct) i7 portal.
- It was a partner in Sports Vision, a company that ran the now defunct Sports Australia channels.
- It owned Australia Television (now Australia Network), an FTA satellite service broadcasting to Asia and the Pacific.
- It and Granada Television each owned half of the Red Heart production company. The two companies retain close ties.
- It owned C7 Sport, which had a number of subscription sport channels. The service was originally available on Optus Television and Austar plus Foxtel during the Olympic Games in Sydney
References
- ^ 2006 Annual Report
- ^ "Seven shareholders approve media spin off". The Age. December 22, 2006. Retrieved 2007-02-04.