Kylar Loussikian

Investors pulled more than $840 million from Platinum Asset Management in one month alone, capping a tough year for the company during which it lost almost 30 per cent of its funds under management.

The longest serving major bank chief executive, ANZ's Shayne Elliott, will announce his retirement this week with the lender expected to appoint an outsider to oversee the integration of its $4.9 billion Suncorp purchase.

Network Ten has written down the value of its television broadcasting licences to zero with the Paramount Global-owned business crashing to a loss of more than $300 million in its last financial year.

Newsmax, an influential right-wing cable network that has surge in popularity with the rise of Donald Trump, is launching in Australia through a partnership with a local broadcaster launched by Alan Jones.

Tanarra Capital, the activist investment firm run by former Credit Suisse boss John Wylie, has acquired shares in Nine Entertainment after a difficult year for the publishing and broadcast giant.

The former Foxtel executive left the News Corp-run pay television business last year. She could soon oversee Nine’s television, radio and Stan.

Former News Corp Australia and Foxtel chief executive Peter Tonagh will become a Nine Entertainment director as part of an overhaul of the publishing and broadcast group's board and management.

Saudi Arabia's sovereign wealth fund is in discussions to take a stake of up to 10 per cent in global streaming business DAZN, a deal that would hand the Persian Gulf kingdom an influential voice in Australian broadcaster Foxtel.

MA Financial has locked in more than half of the $300 million it had targeted for the firm's first listed private credit trust from early investors, paving the way for the strategy to hit the ASX in early March.