Prime Media founder Paul Ramsay dies

Prime7The former chairman and founder of Prime Media Group Paul Ramsay has died after reportedly suffering a heart attack whilst on holiday.

Ramsay’s decision in February to sell out of the media industry in the year it is expected ownership laws will be lifted and a number of lucrative acquisitions will take place raised eyebrows in the industry, but the 78-year-old at the time cited a desire to focus on his other business interests, which included Ramsay Health Care, Australia’s largest private hospital group.

The Australian reports he suffered a heart attack whilst on holiday in Spain, and was airlifted back to Australia and passed away at his home in Bowral, NSW, last night.

CEO of Prime Ian Audsley said in a statement: “Paul Ramsay was a true gentleman. Prime is honoured to have had the opportunity to work with a man of his stature. For twenty nine years, Paul served as the Chairman of Prime and played a significant role in the growth of regional television in Australia.

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