TEN
From IntFX
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Ten Network Holdings Limited (Ten Holdings) is the holding company of Ten Group Pty Ltd (Ten Group). Ten Group is engaged in the operation of commercial television licenses, such as TEN-10 (Sydney), ATV-10 (Melbourne), TVQ-10 (Brisbane), ADS-10 (Adelaide) and NEW-10 (Perth). The Company has networking agreements with a number of its controlled entities whereby advertising revenues derived by those controlled entities are assigned to Ten Holdings. During the fiscal year ended August 31, 2006, the Company's subsidiary, Eye Corp Pty Limited, acquired Outdoor Plus Pty Limited, the additional 50% of the Eye Outdoor joint venture. On July 14, 2006, Eye Corp Pty Limited acquired Media Choice LLC. In addition, on September 20, 2006, Eye Corp Pty Limited announced that it had acquired Ultimate Media Group Pty Limited, which operates advertising concessions across 78 higher education campuses across Australia and New Zealand.
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