WIN owner Bruce Gordon has sold down his stake in regional network Prime Media Group.
The $8.9m sale of 43m shares sees Bermuda-based Gordon’s private company, Birketu, incur a $6.9m loss on the stake taken out in September 2017.

Be a member to keep reading
Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.
Become a member
‘Bermuda based’
Just pay some tax!!!
A convenient $6.9m loss to offset other profits I suspect. Or maybe an ATO refund cheque will be on the way.