Publishing and Broadcasting Limited
Publishing and Broadcasting Limited is quoted on the Australian Stock Exchange (PBL) since 1994. PBL is a diversified Media and Entertainment Group, The group’s core businesses and investments are gaming and entertainment; television production and broadcasting; magazine publishing and distribution; and strategic investment in digital media and entertainment businesses. PBL owns and operates two of Australia’s gaming and entertainment complexes, Crown in Melbourne and Burswood in Perth. It also has a 50% interest in the free-to-air television network, the Nine Network, and the magazine publisher, ACP Magazines. It also has a portfolio of investments including 25% of Australia’ subscription television business, Foxtel, .50% of subscription television content provider The Premier Media Group, producer of sports channels FOX SPORTS 1, FOX SPORTS 2 and FOX SPORTS 3, 25% of the nation’s number one online employment business, SEEK, 100% of Ticketek, Australia’s largest ticketing provider, 100% of Acer Arena (formerly Sydney SuperDome)., 50% of leading cinema entertainment company Hoyts, .100% of Acer Arena (formerly Sydney SuperDome), 50% of leading cinema entertainment company Hoyts, 25% of the successful Hollywood cinema and television production company, New Regency, 50% of Betfair, an online betting exchange, 40% of Melco PBL Entertainment, a joint venture developing casino/hotel properties in Macau, 50% economic interest in PBL Media (comprising ACP Magazines, the Nine Network, a 33.33% interest in Sky News, a 50% interest in ninemsn, a majority shareholding in carsales and a 48.75% interest in myhome.com.au.
Publishing and Broadcasting Limited
Company Announcements
8th May 2007
Announce it is to split into two publicly listed companies, Crown and
Consolidated Media Holdings.
Crown will own a diversified portfolio of leading gaming assets
Consolidated Media Holdings will own the portfolio of media assests
In addition to shares in Crown and CMH, shareholders will receive cash of
$3.00 per share as part of the restructure
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