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Regional media company ACM to lobby federal government on media laws as ACMA approves increased stake in Prime TV | The Scone Advocate



Regional media company ACM has welcomed the Australian Communications and Media Authority’s (ACMA) approval of its acquisition of shares in commercial television broadcaster Prime Media Group.

The transaction required ACMA sign-off because it lifted ACM’s stake above the 15 per cent deemed to be a controlling interest under the Broadcasting Services Act 1992.

ACM executive chairman Antony Catalano said his company, the publisher of this masthead, was pleased to secure the green light for its increased investment in Prime.

The free-to-air TV network carries Network Seven programs across northern and southern NSW, the ACT, Victoria, the Gold Coast and all of regional Western Australia.

ACM executive chairman Antony Catalano said ACM would be…

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