Seven is closing on more asset sales
By Chris Pash | 21 October 2020
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James Warburton
Seven’s James Warburton says COVID-19 has hit his network harder than his competitors.
But he told Seven’s Upfronts virtual event today that the pandemic has accelerated the content-led transformation he started when appointed CEO of Seven West Media in August 2019.
“We've become more efficient in our cost base to allow us to invest more in content,” he says.
“We've embarked on significant asset sales to reduce our debt, and we have three active processes in market which could further reduce our debt by Christmas"
https://www.adnews.com.au/news/seven-is-closing-on-more-asset-sales
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