Seven Network Limited

Seven Network Limited

Infobox_Company
company_name = Seven Network Limited
company_
company_type = Public (asx|SEV)
owner = Kerry Stokes > 40% substantial shareholder [2006 Annual Report]
foundation = 1956
location = flagicon|AUS Sydney, Australia
key_people = Kerry Stokes, Executive Chairman
David Leckie, CEO
industry = Media
products = Television
homepage = [http://www.sevencorporate.com.au sevencorporate.com.au]

Seven Network Limited, or Seven, is one of Australia's major media companies. It is headquartered in Sydney, Australia. In December 2006, company shareholders voted to support an arrangement to form a joint venture with Kohlberg Kravis Roberts named Seven Media Group. [cite news |url=http://www.theage.com.au/news/business/seven-shareholders-approve-media-spin-off/2006/12/22/1166290716303.html |title=Seven shareholders approve media spin off |date=December 22, 2006 |publisher=The Age |accessdate=2007-02-04]

Assets

While originally focusing on running a television network, Seven 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:

Current

* A 50% share of the Seven Media Group, which in turn owns:
** The Seven Network television network.
** Magazine publishing business Pacific Magazines.
** A 50% share in Yahoo! 7.
** A 33% share of pay-television channel Sky News Australia.
* It operates the Austext teletext service.

* A 33% share in mobile solutions enabler m.Net Corporation, making it a major shareholder along with Telstra and Alcatel.
* A 17.3% stake in West Australian Newspapers Holdings Limited.
* A 34% stake in Engin.
* A 3-5% stake in Fairfax.

Past

* It owned a large stake in the Telstra Dome (previously Colonial Stadium) 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

External links

* [http://www.sevencorporate.com.au/ Seven Network Limited]


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