Gyngell open to Nine merger

Nine boss David Gyngell urges government to scrap reach rules

Nine Entertainment Co chief executive David Gyngell has said that Nine, which is preparing to launch an initial public offering (IPO), could be open to merger talks with a regional broadcaster if television regulations are reformed, according to The Australian Financial Review.

Current regulations prevent a commercial television network from reaching more than 75 per cent of the population, effectively blocking urban broadcasters from merging with regional counterparts.

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