The Cat And Seven West Media Held Talks About Potential Deal On West Australian Newspapers

The Cat And Seven West Media Held Talks About Potential Deal On West Australian Newspapers

Media mogul Antony Catalano and Seven West Media reportedly were in talks about a potential deal on the Seven-owned West Australian Newspapers.

The news follows reports the Australian Community Media exec was looking to acquire News Corp’s regional publishing portfolio.
As reported on the AFR, according to sources Seven handed over Catalano with detailed financial information on its Western Australian Newspapers in late March to early April this year. However, any further talks of a deal did not go ahead.

Sources also said Catalano and SWM engaged in discussions to scale up ACM.

The AFR had previously reported Seven sent out financials on WAN to a mystery party, but the identity of the party in question has only been revealed now.

This all happened around the same time there were reports News Corp Australia was in discussion with ACM to sell its stable of over 100 community and regional titles to Catalano.

It is unclear where the deal stands, but it was reported at the time there were points of disagreement between Catalano and News Corp, including which titles would be included in the deal.

News Corp previously put its regional publishing business up for sale but withdrew it following the merger of Nine and Fairfax in 2018, and then Catalano brought ACM from Nine in June last year for $125m.


Please login with linkedin to comment

catalano Seven

Latest News

AFR Remya Ramesh head of digital experience at Coles for BOSS Young Executive of the Year  Wednesday 16th June 2021 Photo by Eamon Gallagher
  • Media

AFR BOSS Names Winners Of 2021 Boss Young Executives Awards

In a year where ‘business as usual’ is anything but, AFR BOSS reveals six of Australia’s most inspirational and outstanding young leaders who excelled during the pandemic. The six have been crowned the 2021 BOSS Young Executives in the prestigious awards program, now in its 18th year. Run in conjunction with global leadership consulting firm […]

QMS Renews Contract With Manboom
  • Marketing

QMS Renews Contract With Manboom

On first inspection, B&T was hoping to bring you some manboobs news here. But as you'll see, it's a girdle-free read.

Marketing strategy on digital mobile platform - cross-device tracking programmatic advertising and multi targeting with laptop and mobile phone gadgets.
  • Technology

Index Exchange And MediaMath Join The Human Collective

HUMAN Security (formerly White Ops) today announced two new founding Human Collective members: Index Exchange and MediaMath. Together they participated in thought-provoking panel discussions during the recent IAB Tech Lab CTV & Video Advertising: Growing with Standards virtual event where they emphasized how important it is to work together in the fight against fraud on […]

by B&T Magazine

B&T Magazine
SCA Appoints Cathrine McVeigh To Head Of Audio Production And Operations
  • Media

SCA Appoints Cathrine McVeigh To Head Of Audio Production And Operations

SCA has announced the appointment of Cathrine McVeigh to head of audio production and operations. She will be part of the content leadership team. In the newly created role, McVeigh will oversee the creation of SCA’s new audio production and content operations hub and lead a combined team across the country to deliver a rapidly […]