US TV giant CBS to buy troubled Ten Network, creating potential streaming rival to Netflix, Stan – Business – ABC News (Australian Broadcasting Corporation)

The troubled Ten Network will be purchased by the US-based broadcasting giant CBS, with the company to launch the digital subscription video on-demand service CBS All Access in the Australian market.

Source: US TV giant CBS to buy troubled Ten Network, creating potential streaming rival to Netflix, Stan – Business – ABC News (Australian Broadcasting Corporation)

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