The Sydney Morning Herald: Macquarie Media may shop in Asia, too
"Macquarie Bank's new media fund is casting its net far and wide in the hunt for assets, focusing first on Australia, the UK, Europe and the US, but also keeping an eye on the more developed markets in Asia. Executive chairman Tim Hughes said Macquarie Media Group would look at broadcasters, outdoor advertising companies, newspapers and the internet and its expansion did not depend on changes to Australia's cross-media ownership laws, which he described as "ancient in this world"."
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