The Seven Network is an Australian television network. http://www.mediaspy.org/forum/index.php?/topic/21965-week-19-2011/

In April, 2011, Seven Network, Pacific Magazines

Pacific Magazines

Pacific Magazines is a magazine publisher operating in Australia and New Zealand, owned by Seven Media Group. It has it roots in the Southdown Press, the publishers of New Idea and long owned by the Murdoch family...

 and Yahoo7! http://www.yahoo.com.au were acquired by West Australian Newspapers Ltd http://info.thewest.com.au/ratecard// to create Seven West Media Ltd http://www.sevenwestmedia.com.au/. http://www.theaustralian.com.au/business/media/kerry-stoked-by-creation-of-seven-west-media-giant/story-e6frg996-1226037459117

History

In December 2006, company shareholders voted to spin off the company's 'old media' assets into a 50/50 joint venture with private equity firm Kohlberg Kravis Roberts (KKR), creating the Seven Media Group. http://www.theage.com.au/news/business/seven-shareholders-approve-media-spin-off/2006/12/22/116290716303.html

On the 22nd of February 2010, it was announced that WesTrac

WesTrac

WesTrac Pty Ltd is a Caterpillar dealer. It is owned by Australian Capital Equity, which in turn is owned by Kerry Stokes.WesTrac is based in South Guildford, Western Australia and is the Caterpillar dealer for Western Australia, New South Wales, Australian Capital Territory and northern China...

would merge with Seven Network Limited, and the combined entity was renamed "Seven Group Holdings". http://news.smh.com.au/breaking-news-business/seven-network-and-westrac-to-merge-20100222-oox8.html,

Sources

1. "Consolidated Ratings for Week 19, 2011 1 May to 7 May 2011" http://www.mediaspy.org/forum/index.php?/topic/21965-week-19-2011/

2. "Kerry stoked by creation of Seven West Media giant" http://www.theaustralian.com.au/business/media/kerry-stoked-by-creation-of-seven-west-media-giant/story-e6frg996-1226037459117. The Australian, April 12, 2011.


3. "Seven Network and WesTrac to merge" http://news.smh.com.au/breaking-news-business/seven-network-and-westrac-to-merge-20100222-oox8.html. The Sydney Morning Herald, February 22, 2010.


4. "Seven shareholders approve media spin off" http://www.theage.com.au/news/business/seven-shareholders-approve-media-spin-off/2006/12/22/116290716303.html, The Age, December 22, 2006.

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