TEN ten network holdings limited
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News: Ten reports advertising revenue growth

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    22/07/10
    10:14
    Post #: 6930230
    .

    Ten Network Holdings Ltd (ASX:TEN) has reported advertising revenue of $402.23 million for January to June 2010, representing 21.24% growth for the same period in 2009.

    The network has also advised that they will no longer participate in the collation of the Free TV commercial TV advertising revenue data.

    In a statement released to the ASX, Ten says it has serious concerns regarding the accuracy of both the composition and allocation of metropolitan commercial television revenue released by Free TV, and has highlighted this as the reason for their departure.

    Ten Network Holdings reported a loss of $89.35 million for the year ending 30 August 2009.
    TEN Price at posting: $1.61 Sentiment: None Disclosure: Held
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