Consolidated Media Holdings Limited
Media Holdings Limited, formerly Publishing and
Broadcasting Limited, is engaged in the business
of gaming and entertainment, television broadcasting
and program production, magazine publishing and
distribution and investments in the Internet,
subscription television, and other media and entertainment
sectors. It has four segments: gaming, television,
publishing, and ticketing and events. Gaming segment
operates a gaming and entertainment facility.
Television segment operates commercial television
stations. Publishing segment is engaged in magazine
publishing and distribution. Ticketing and events
segment offers entertainment venue and event ticketing.
In December 2007, the Company announced the completion
of the sale of its 50% interest in the Hoyts Group
to funds advised by Pacific Equity Partners. In
December 2007, the Company demerged its gaming
and media into two separate companies on December
12, 2007. On December 10, 2007, Crown Limited
acquired the Company.
Address: Level 2, 54 Park Street, SYDNEY, NSW,
(02) 9282 8000
Fax: (02) 9282 8828
of Consolidated Media Holdings Limited
Consolidated Media Holdings Limited (CMH) is a
media investment company, investing in key new
has a 25 per cent investment in Australia's leading
subscription television business FOXTEL and a
50 per cent investment in subscription television
content provider Premier Media Group, producer
of leading sports channels including FOX SPORTS
1, FOX SPORTS 2 and FOX SPORTS 3.
to the demerger of PBL into Crown and CMH in November
2007, PBL was one of Australia's largest diversified
media and entertainment groups. Its market capitalisation
of more than $11 billion placed it among the top
25 companies listed on the Australian Stock Exchange
at the time.
PBL group’s core businesses and investments
were gaming and entertainment; with strategic
investments in television production and broadcasting;
magazine publishing and distribution; and key
digital media and entertainment businesses. PBL
owned and operated two of Australia’s leading
gaming and entertainment complexes, Crown Melbourne
and Burswood in Perth.
was formed in 1994 in the same year that Nine
Network Australia and Australian Consolidated
Press were merged. The combined businesses were
renamed Publishing and Broadcasting Ltd, and the
company’s Australian Stock Exchange code
merged with Crown Ltd in 1999, providing the company
with its first gaming business. It acquired Burswood
Ltd in 2004.
expansion of the gaming business occurred in 2004
when Burswood International Resort Casino was
purchased. A joint venture was also signed with
a major Hong Kong listed company, Melco International
Development, to pursue new gaming ventures in
Asia. The first of these are being constructed
October 2006, PBL announced that it had entered
into binding agreements to implement a recapitalisation
of certain of its media interests, including ACP
Magazines, Nine Network (including its interest
in Sky News), its 50% interest in ninemsn and
its shareholdings in myhome.com.au and carsales.com.au.
These media businesses were transferred to a new
company, PBL Media, in which PBL and Red Earth
Holdings B.V. (Red Earth) (a special purpose vehicle
incorporated in the Netherlands and owned by funds
managed and advised by CVC Asia Pacific and CVC
Capital Partners (collectively CVC)) each held
a 50% economic interest.
transaction was completed on 7 February 2007.
As part of the completion, PBL received net cash
proceeds of $4.585 billion.
June 2007, CVC converted its notes in PBL Media
into ordinary shares and units representing a
50% equity interest in PBL Media Holdings Pty
Limited and the PBL Media Holdings Trust. PBL
also agreed to sell a further 25% interest in
PBL Media Holdings Pty Limited (as well as its
interests in Ticketek and Acer Arena) to PBL Media
for a total of $725 million.
sale of Ticketek and Acer Arena to PBL Media completed
on 16 July 2007, with PBL receiving $210 million.
The sale of the further 25% in PBL Media to CVC
completed on 10 September 2007, with PBL receiving
$526.4 million, leaving PBL with a residual 25%
interest in PBL Media.
May 2007, PBL announced that it planned to demerge
into two pure play listed entities - a gaming
business (Crown) and a media business (CMH). Following
shareholder approval, this took effect on Friday
30 November 2007 and was implemented in December
Consolidated Media Holdings)
Magazines is Australia's leading magazine publisher
and the magazine arm of PBL Media, Australia's
leading media and entertainment company.
Magazines publishes over 60 titles in Australia
which sell nearly 109 million individual copies
each year. They include some of the longest-running
and most successful mastheads such as The Australian
Women's Weekly, Woman's Day, Dolly, NW, TV Week,
Cleo, Cosmopolitan, Madison, Wheels and Ralph
Magazines has expanded into nine other countries,
principally in New Zealand, Asia and the United
Kingdom. It now has a stable of more than 70 international
magazines. Integral to its success are vibrant,
information-packed reader websites.
Wine & Travel
Australian Gourmet Traveller
Gourmet Traveller Wine
Fernwood, Your Healthy Living Magazine
Australian House & Garden
The Australian Women's Weekly
The Picture Premium
Australian Auto Action
Australian Motorcycle News
Men's Style Australia
Aust & NZ Snowboarding
Australasian Dirt Bike
Australian & NZ Skiing
Australian Mountain Bike
Inside Rugby - Programs
Inside Rugby - The Magazine
Rugby League Week
Qantas - The Australian Way
Bounty's Mother To Be Bag
Bounty's New Baby Bag
Bounty's New Mother Bag
Cosmopolitan Hair and Beauty
Good Health & Medicine
Mother & Baby
Pregnancy & Birth
Shop Til You Drop
Shopping For Baby
Slimming & Health
Man Australia has worked with ACP on a number
of projects including:
talent / models
Top Gear boosts magazine garage, by Miriam Steffens
- 13th March 2008
The Sydney Morning Herald)
Magazines has moved to beef up its men's magazines
division, entering a joint venture with the BBC
to start an Australian version of the car lover's
magazine Top Gear in June.
venture, likely to be called Park Publishing,
will be run from ACP's Sydney offices by its head
of men's and specialist titles, Phil Scott.
wants to publish more new titles - one this year
- with plans centering on Australian versions
of BBC Magazines' children's and food titles,
or a travel magazine based on the BBC-owned publisher
is the fourth large deal in a year for the BBC,
which had identified Australia as one of its key
growth markets last year.
broadcaster acquired Lonely Planet in October
for about $250 million and took a 25 per cent
stake in the Australian production company Freehand,
which is behind TV series including Missing Persons
January the pay TV company Foxtel said the BBC
would provide a channel for its new high-definition
service later this year.
month BBC Worldwide, the BBC's main commercial
arm, signed an agreement to provide programs including
The Whistleblowers and The Vicar Of Dibley to
the Seven Network.
Gear will be launched with a multimillion-dollar
advertising campaign, with hopes it might sell
up to 70,000 copies a month and reach a wider
audience than ACP's best-selling motoring magazine,
publisher also plans a $1 million advertising
blitz to promote a relaunch of FHM next month,
aimed at moving the raunchy magazine more upmarket
to stem circulation losses.
bought FHM through its takeover of Emap's Australian
titles last year, but it lost 24 per cent of sales
in the December half as it competed for the same
readers as ACP's own Ralph.
a sign how serious ACP is taking the relaunch,
Mr Scott said the publisher had even "walked
away from around $1 million worth of advertising
revenue from the phone sex market".
Man Australia does have a business relationship
Man Australia does not represent ACP
Man Australia does not represent Consolidated