SWM seven west media limited

Article on ad news say tv advertising for April was down 10.4%...

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    Article on ad news say tv advertising for April was down 10.4% and looking like down another 13.6%in May.
    advertise mkt just going from bad to worse each month.
    also say some popular and well respected by advertisers and agencies people were let go in the redundancy lay offs. Laying off 150 people together with recent big name executives quiting will be a significant redundancy cost in next lot of financial report I guess
    I presume channel 9 is doing same
 
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