| Type | Joint venture & Public |
|---|---|
| Founded | December, 2006 |
| Headquarters |  Melbourne, Australia |
| Key people | Kerry Stokes, Chairman David Leckie, CEO [1] |
| Industry | Media |
| Products | Television Newspapers Magazines Websites |
| Owner(s) | Seven Network Limited 50% Kohlberg Kravis Roberts & Co. 50% |
The Seven Media Group is a joint venture between the Seven Network Limited and Kohlberg Kravis Roberts & Co..[2] It began operations in December 2006 after shareholders of Seven Network Limited approved the transaction.[3]
Assets
- Seven Network
- Pacific Magazines
- Yahoo!7 (50% stake)
- Sky News Australia (33% stake)[4]
- 67% of Hyrbid Television Services exclusive licensee of TiVo in Australia and NZ from 2008 [1]
References
- ^ Michael Sainsbury (November 20, 2006). "Stokes in $4bn media spin-off". The Australian. http://www.theaustralian.news.com.au/story/0,20867,20787892-7582,00.html. Retrieved 2007-02-04.
- ^ Seven Network (2006-11-20). "Seven to form $4 billion media joint venture with KKR" (PDF). Press release. http://www.sevencorporate.com.au/uploads/files/1163986383281_0.7299056797999819.pdf. Retrieved 2007-02-01.
- ^ "Seven shareholders approve media spin off". The Age. December 22, 2006. http://www.theage.com.au/news/business/seven-shareholders-approve-media-spin-off/2006/12/22/1166290716303.html. Retrieved 2007-02-04.
- ^ Internet Industry Association Information
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