Press Release
Ten Network Holdings (ASX: TEN) (“TEN”) and Southern Cross Media Group Limited (ASX: SXL) (“SCA”) are pleased to announce the successful completion of a new affiliation agreement.
The agreement is for three years. No other details of the agreement will be released. TEN Chief Executive Officer and Managing Director, Hamish McLennan, said: “After constructive discussions with Max Moore-Wilton and his team, we have collectively achieved a fair outcome for both companies.
“We look forward to the continuation of our partnership with Southern Cross Media.” SCA Chairman, Max Moore-Wilton, said: “We are pleased to haverenewed our agreement with TEN for a further three years and look forward to a strongercollaboration, focussed on improving TEN’s national audience share and revenue-generating opportunities.”