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Ratings poor and revenue lacking
[April 12, 2012]

Ratings poor and revenue lacking

Apr 12, 2012 (The Australian - ABIX via COMTEX) -- Network Ten CEO James Warburton has talked up the free-to-air TV network's future ratings and revenue prospects despite a 70% fall in first-half 2011-12 net profit to $A14.8m. Ten is struggling as a third-placed commercial TV network in a stagnant advertising market. Ten does have money to invest in programs after cutting costs in 2011, but Warburton says Ten is "realistic" and "determined". Ten's share price rose 2.63% on 12 April 2012.

Publication Date: 13 April 2012 TEN NETWORK HOLDINGS LIMITED - ASX TEN SEVEN WEST MEDIA LIMITED - ASX SWM CONSOLIDATED MEDIA HOLDINGS LIMITED - ASX CMJ SEVEN NETWORK LIMITED DEUTSCHE BANK AG NINE NETWORK AUSTRALIA LIMITED NINE ENTERTAINMENT COMPANY PTY LTD AUSTRALIAN FOOTBALL LEAGUE V8 SUPERCARS AUSTRALIA PTY LTD SKY NEWS AUSTRALIAN NEWS CHANNEL PTY LTD

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