Power Shift: New Owner Takes the Helm at 7 Tasmania Television Station – A Brighter Tomorrow Awaits!
BREAKING: Tasmania’s 7 TV Station Sold for $6.35 Million in Multi-Million Dollar Deal!
Get ready for a major shake-up in the Tasmanian media landscape! Southern Cross Austereo (SCA) has announced the sale of 7 Tasmania, its beloved television station, to Australian Digital Holdings (ADH) for a whopping $6.35 million! This multi-million dollar deal marks a significant turn in the landscape of local broadcasting.
So, what does this mean for 7 Tasmania? The news team, led by iconic anchor Kim Miller, is now part of ADH’s media portfolio, but the future of its local news operations remains uncertain. Fans of the station are on the edge of their seats, wondering what this change means for the beloved 6pm daily Nightly News bulletin.
But what’s driving this deal? A consortium, led by ADH CEO Jack Bulfin, former 7 News Director Jason Morrison, and ex-ABC Chairman Maurice Newman, has been working to bring Newsmax, an American news channel, to Australian shores. Will this new ownership lead to a fresh injection of life into the station? Only time will tell!
For now, SCA is receiving a tidy sum of $6.35 million, with $3.75 million in cash and a further $2.6 million thanks to transitional service agreements. This sale marks the second time 7 Tasmania has changed hands; it was previously sold to Tricom Corporation for a whopping $40 million back in 1988.
Stay tuned for more updates on this developing story as the future of 7 Tasmania News unfolds.
Original Story https://pulsetasmania.com.au/news/sold-new-owner-for-7-tasmania-television-station/
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