Under the Southern Cross We Find a Glimpse into Ten Network's Recovery Path
We believe Southern Cross Media's recent result provided a glimpse into Ten Network's earnings recovery potential. In the June-half of 2016, Southern Cross' audience share in its Ten-affiliated markets increased 120 basis points year on year to 22.7%, fuelled by the Ten Network's program ratings resurgence. This led to a 200 basis point jump in Southern Cross' revenue share of these regional television markets in the half to 22.7%, showing the significant top-line leverage that can accrue from a...Ten Network Holdings is an Australian entertainment and news content company. Co.'s principal activity is the investment in The Ten Group Pty Limited and controlled entities, whose principal activities are the operation of commmercial television licenses in Sydney, Melbourne, Brisbane, Adelaide and Perth, and a national online media platform.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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