MediaWorks owner reveals financial results as banks take control
Duncan Bridgeman Mon, 24 Jun 2013
GR Media Holdings, the current owner of MediaWorks (in receivership), has reported a bottom line loss of $87.8 million for the year to August after impairments and other non-cash items.
The loss compares with the $318.4 million loss in fiscal 2011.
Underlying earnings before interest,
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