SKT Sky Network Television Limited.

[Ogg]

I also think it is weird for Brookfield to be buying Mediaworks TV arm from their subsidiary Oaktree Capital. Why all the song and dance about a sale process if it is just being sold to the parent company?

Perhaps the plan is for Brookfield to have Oaktree flog off Mediaworks, and put that money towards buying Sky. Sky TV has Prime anyway, so what would TV3 give them that Sky doesn't already have?

And perhaps it would be easier from a regulatory perspective to get the Sky deal over the line if they don't also own TV3 and Bravo. Otherwise TVNZ will be able to cry foul that they are the only other 'independent' media entity competing against the Sky TV juggernaut...

So if that is correct (big if) then perhaps we wouldn't expect to hear anything until after a confirmed buyer was locked in for Mediaworks?

What song and dance? There was a couple of articles in NZHeard last October about it. All gossip. It said Mediaworks was for sale, but Mediaworks has lots of different assets. The radio part of business was being sold. The TV business was never for sale, only some of the assets were getting broken up.

Don't you think it's weird that they said "we're not making any redundancies in the TV department", but then they go and flog off the building? Wouldn't you keep the building if you were looking for a buyer? So weird. It's being assets striped - typical Wall Street style.

If your buying Sky you might as well buy TV3 and take the lot.

Why else would Brookfield buy a controlling stake in Oaktree?

[mistaTea]

What song and dance? There was a couple of articles in NZHeard last October about it. All gossip. It said Mediaworks was for sale, but Mediaworks has lots of different assets. The radio part of business was being sold. The TV business was never for sale, only some of the assets were getting broken up.

Don't you think it's weird that they said "we're not making any redundancies in the TV department", but then they go and flog off the building? Wouldn't you keep the building if you were looking for a buyer? So weird. It's being assets striped - typical Wall Street style.

If your buying Sky you might as well buy TV3 and take the lot.

Why else would Brookfield buy a controlling stake in Oaktree?

Yeah that’s fair enough.

I dunno...it’s the only piece of the puzzle I can’t get to easily slot into place in my mind.

[Ogg]

Yeah that’s fair enough.

I dunno...it’s the only piece of the puzzle I can’t get to easily slot into place in my mind.

You're confusing "Mediaworks" with "TV3".

Mediaworks is the parent company that owns TV3.

Brookfield bought a controlling stake in Oaktree to get control of TV3.

Once Brookfield got control of TV3 it sold off Mediaworks other assets.

Now Brookfield is buying Sky TV.

It's the type of thing Gordon Gekko would do.

[Gerald]

CouncilEmailConspiracy-850x510.jpg

Some people here...

[Cadalac123]

CouncilEmailConspiracy-850x510.jpg

Some people here...

Lol .
Sweet new takeover candidates discussed now . Really excited .

[Ogg]

Some people here...

More like...

fUygoeO.jpg

I may be early, but i am not wrong.

[Ogg]

Come on guys. I called the take over one day too early.

The website is being updated now. It's currently password protected.

https://www.infratilshareoffer.com/Country-validation/

Infratil obviously needed a day or two to get this sorted out.

[mistaTea]

Come on guys. I called the take over one day too early.

The website is being updated now. It's currently password protected.

https://www.infratilshareoffer.com/Country-validation/

Infratil obviously needed a day or two to get this sorted out.

I still got your back mate. Don’t mind the haters.

But Gerald’s post did make me snort when I laughed! That’s exactly what we must look like! Haha!

[Quantitative Easing]

Come on guys. I called the take over one day too early.

The website is being updated now. It's currently password protected.

https://www.infratilshareoffer.com/Country-validation/

Infratil obviously needed a day or two to get this sorted out.

I hope Infratil have their warchest ready...this will start a bidding war the likes of NZX has never seen.

[Quantitative Easing]

We will end up finishing at 69 cents.