Business

Network Ten chief executive Paul Anderson.

Network Ten's financial worries steal the show

Network Ten could be broken up and sold off for the benefit of its bank and three billionaire shareholders by the end of the year if a transformation project fails to improve its fortunes.

Murdoch's defiance turns to pragmatism

Rupert Murdoch (centre) with his sons Lachlan (left) and James (right).

Rupert Murdoch prizes loyalty and profits, both of which Bill O'Reilly brought him in droves, but Murdoch has also proved he is a pragmatist at his core.

Threat of competition smashes Telstra

Telstra fell as much as 8.5 per cent in early trade.

Telstra shares fell to their lowest level in five years on Wednesday, losing 7.5 per cent of their value on news that broadband provider TPG would build Australia's fourth mobile network.

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