‘Bit of Clive money’: Seven West banks on election ad revenue as profits sink
by Catie McLeod and Jonathan Barrett from World news | The Guardian on (#6V6RB)
Media company is expecting mining magnate Clive Palmer to buy more advertising space after releasing weak mid-year financial results
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Seven West Media is hoping to profit from the federal election and is expecting mining magnate Clive Palmer to buy more advertising space after releasing dour financial results weighed down by falling revenue streams.
The Kerry Stokes-backed publishing and broadcasting company's profits fell by two-thirds to $18m for the six months to 31 December compared with the same period the previous year.
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