Ten Network enters voluntary administration despite steps taken to improve future earnings

By Media Release · 14 June 2017 · Featured

Ten Network enters voluntary administration despite steps taken to improve future earnings

Shock Move Rocks Australian Media Giant

Ten Network Holdings has taken a drastic step to secure its future, but what does it mean for the company's stakeholders? Find out what's behind the sudden move.

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Summary

Thursday, 25 May 2017 Source: Ten Network Holdings Ten Network Holdings Limited (ASX: TEN) (“TEN” or “the Company”) announces that Mr Mark Korda, Ms Jennifer Nettleton and Mr Jarrod Villani of Korda Mentha have been appointed as voluntary administrators of the Company and each of its subsidiaries (together the “Ten Group”) by the Ten Group […]