Billionaire Gina Rinehart recently invested $146 million in Fairfax Media, the publisher of the Sydney Morning Herald and the Financial Review. Known as the “Iron Lady,” Rinehart is the heir of mining magnate Lang Hancock and is believed to be the richest person in the history of Australia.
By this point, you know how well Latin broadcaster Televisa has been doing. There are even more tempting plays out there in Eastern Europe.
Multinational conglomerates are still moving to capture growth opportunities in emerging markets. Time Warner’s decision to invest another $60 million in CETV demonstrates this emerging media interest.
Grupo Televisa is about more than dubbed Hollywood hits and telenovelas these days.
As emerging economies grow, so does the quality of life. These consumers are trading in their dubbed “Survivor” episodes
Based in Russia, CTC Media operates three television networks and now controls at least 15% of all Russian advertising dollars.
Grupo Televisa operates broadcast channels in Mexico and rounds out its network coverage through affiliated stations.