Chai, Paul
July 2006
Daily Variety;7/13/2006, Vol. 292 Issue 7, p7
Trade Publication
The article reports that a free-for-all for foreign companies who want to buy Oz media assets is closer to success after the conservative government agreed to scrap protectionist media laws that will restrict foreign ownership. Current media laws restrict newspaper, radio and television groups in the same city to a 15 percent stake in each other. Under the new rules, newspaper and television companies can merge so long as a minimum number of media companies continue to operate.


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