Channel 9 equity owners need solution

By Elizabeth Knight
Updated July 29 2014 - 7:13am, first published 12:46am
Channel Nine has been pushing authorities for changes that would allow it to acquire a regional operator like Southern Cross Media. Photo: Joe Armao
Channel Nine has been pushing authorities for changes that would allow it to acquire a regional operator like Southern Cross Media. Photo: Joe Armao

The prospect of Nine Entertainment’s two major legacy shareholders, Apollo and Oaktree deciding to retain some of their combined 36 per cent shareholding beyond the August 2014 voluntary escrow period is a mixed blessing.