The troubles that Australia'sTen Network faced are hopefully a thing of the past as CBS, the US based broadcasting giant is set to purchase the down-under network.
"I certainly would welcome the Ten Network coming into a period of stable ownership and financially stable circumstances", said Prime Minister Malcolm Turnbull.
USA television network CBS has agreed to purchase Australian tv station Channel 10 today, with the deal set to also allow the company to bring their own Streaming Video on Demand service All Access, to Australia.
"Network Ten and CBS have enjoyed a close working relationship for almost two decades, and now CBS will continue to provide Network Ten with access to the very best in USA content", Armando Nunez, President and CEO of CBS Studios International said.
"This acquisition not only presents CBS with considerable broadcasting opportunities in Australia, but also allows for further multiplatform distribution and growth", said CBS Studios International President and CEO Armando Nunez.
Ten disclosed CBS and 21st Century Fox had agreed on the vast majority of commercial terms for new content deals after the board appointed KordaMentha as voluntary administrators in June.
The announcement comes days after billionaires Lachlan Murdoch and Bruce Gordon were given the all-clear to launch a joint takeover of the network.
New York-listed CBS is America's most-watched network, worth $35.3 billion. It will also be able to launch its subscription video-on-demand service, CBS All Access, through Ten's infrastructure.
Channel Ten already broadcasts a large number of CBS programmes - indeed, it has been speculated that these costly broadcasting contracts for under-performing shows is one of the reasons Ten nearly went under in the first place. Many officials at Ten have confirmed that CBS has signed a binding agreement to purchase the business and assets of the broadcaster.
The deal, which is subject to Foreign Investment & Review approval, involves a refinancing of secured debt arrangements, including shareholder guarantor fees put up by Murdoch and Gordon.
The decision to enter an exclusive transaction deed with CBS followed a rigorous sales process run in conjunction with independent adviser, Moelis Australia Advisory Pty Ltd (Moelis).
The connectivity features on the Meizu M6 Note include 4G VoLTE, WiFi 802.11, Bluetooth 802.11ac and Global Positioning System . For the average consumer, the Meizu M6 Note should easily meet their requirement without having to be too hard on their wallet.
ESPN reports, it's "not out of the question he could miss a week or two of the regular season ", according to one source . We know they can't run the ball, but they went 11-5 a year ago without running the ball so that might not matter.
As soon as I hit it, 'Oh, be right , baby.' Sure enough, it landed two paces short there and rolled in just like a putt. Stenson has finished inside the top 17 in five of his last six starts, including two top-15 finishes in majors.
But we do expect that the upcoming Galaxy Note 8 and the Galaxy S8 series will be the first ones to get Android Oreo . During the launch of the Nokia 8, HMD announced that it would be one of the first phones to get the Android O update.
After Marco Alonso's late victor , his second goal of the game, Conte raved: "Wembley is a fantastic stadium". Even if you see Marcos (Alonso ) in the end, he was very exhausted , but still he made that run to score.
Ware has a sprained LCL in addition to the PCL tear after going down with a non-contact injury in Friday's preseason game. Spiller will probably both make the team now that there is room for them on the roster.
When possible, residents should also limit time outdoors from dusk to dawn when mosquitoes are most active. County officials said birds and humans both receive the virus the same way, through mosquito bites.
Meanwhile, Uber drivers have earned $50 million in tips since a gratuity option was added to the ride-sharing application in June. The group have said gross ride bookings for the second quarter were at $8.7 billion, up from the first quarter's $7.5 billion.
Over the past decades, idols were being made with plaster of paris, which was easier to come by than clay. Arjun Kapoor urged his fans and followers to spend some quality time with family on Ganesh Chaturthi .
Promotional offers that come with the phone include 10 GB additional data per month for Airtel subscribers for 6 recharges. Paytm will be offering two cashback vouchers to give Rs 250 cashback on a minimum purchase of Rs 350 on Paytm Mall.
Qatar restores diplomatic ties to Iran amid regional crisis
Mediation attempts led by countries such as Kuwait and the U.S. have so far failed to make headway toward settling the crisis . Qatar and Iran share a massive offshore natural gas field that requires communication between the two countries.
Cruise Ships Give Hurricane Harvey a Wide Berth
The center says Harvey has sustained wind speeds of 130 miles per hour (209kph) as the powerful storm churns off the Texas coast. Houston Independent School District has cancelled Monday classes. "There's definitely more of a ramped up effort", she said.
Raikkonen to drive again for Ferrari
The two Red Bulls were separated by just 0.05s but were 0.8s shy of Raikkonen's time around the Spa-Francorchamps circuit. No cake and no staged photographs, perhaps at Hamilton's request in view of not being distracted from his title charge.
Severe storms possible late Tuesday night
Those headed to Little League World Series games in Williamsport can expect thunderstorms and delays, AccuWeather reports. The main threat with these storms is damaging wind gusts more than 50 miles per hour .
Curtis Granderson Hits First Dodger Home Run
By Saturday afternoon, he joined his new team in Detroit in time for the Dodgers game against the Detroit Tigers . To make room on the 40-man roster, the Dodgers designated right-hander Dylan Floro for assignment.