When James Warburton handed over the reins of Seven West Media (ASX: SWM) to Jeff Howard in April 2024, it was always going to be a baptism by fire with the media giant grappling with formidable challenges in an increasingly difficult television landscape. This was reflected with the Company reporting a significant downturn in earnings,
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As more Aussies turn to streaming services, traditional TV networks like Seven West Media (ASX: SWM) are facing tough times. Less people are watching TV, which means less money spent on ads, hitting Seven’s finances hard. Last year, Australian TV ads dropped by 8%, while the total TV market declined by 9%, reflecting the trend
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Everyone’s favourite micro investing app is growing! After their recent milestone of $1 billion in Funds Under Management, Raiz (ASX: RZI) is using that momentum to drive further growth, today announcing that a strategic investment has been made in the Company by Seven West Media (ASX: SWM). Australia’s largest diversified media business, Seven West Media
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Seven West Media (ASX: SWM) has become the first major media network to formalise their digital transformation amid Australia’s media war, recognising the importance of Google in maintaining media integrity in this country and improving the future of our news landscape. The agreement is yet to be fully formalised in its long-form but Seven and
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One year into his appointment as the hopeful savior of Seven West Media (ASX: SWM), CEO James Warburton is delivering on his incredibly difficult task of turning the media giant’s fortunes around, with a return to the top of the Ratings charts. Although it may seem a rather simple strategy of rehashing old reality shows,
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The well-publicised financial troubles of Seven West Media (ASX: SWM) are set for a reprieve with the company today confirming the sale of their West Australian headquarters for $75 million to a trust managed by Primewest Group (ASX: PWG). Under the terms, Seven will lease back the property at $4.3 million per annum with 3%
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