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Originally Posted by Alan52
Given that FTA Commercial TV seems to be in structural decline all around the world it might not be possible to find someone stupid enough to take over the business.Australia is a particular basket case with 3 multi channeling networks for a small population.
From the invention of VCR recorders to the modern day streaming option the number of eyeballs stuck with watching the ads that fund it has been shrinking and advertisers are no longer willing to pay the big bucks.
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According to ABC TV news, Mr Murdoch jnr & Mr Gordon have already signalled their intention to buy the whole thing together.