Ten Network Holdings Limited, is one of Australia's major media companies. It is headquartered in Melbourne, Australia.While originally focusing on running a television network, Ten has recently diversified into a range of other media areas over the past decade. During October 2010, James Packer, (through his private for Consolidated Press Holdings) bought 17.88% of shares in Ten Network Holdings. Speculation surrounds the future of the Packer investment as upcoming changes to sport broadcast regulation and Ten's low share price in a slowly resurgent market are seen as possible drivers for the current stake.
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