Sharechat Logo

Large Communicado stake up for grabs

Friday 9th June 2000

Text too small?

Emerald Capital, the major shareholder in production company Communicado, is believed to be close to a deal to sell its stake to Australasian company Screentime.

Emerald Capital's 38% interest in Communicado has been on the market for some time and earlier this year another shareholder, Murray Roberts, expressed interest in buying it (NBR, January 28).

Broadcaster Paul Holmes also has an 11.6% stake in Communicado.

Screentime Australia executive director Bob Campbell told Onfilm magazine there was no share purchase but would not comment on whether they were engaged in negotiations.

Communicado has been a shadow of its former self since its dynamic founder, the late Neil Roberts, sold out of the company. It lost some of its corporate video work which it had used to fund award-winning documentaries and films such as the acclaimed feature Once Were Warriors.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

IKE 1Q FY26 Performance Update
July 29th Morning Report
General Capital Annual Shareholders Meeting Results
MEE - Receivers and Liquidators appointed to King Honey
2 Cheap Cars Group Updates Performance Outlook for FY26
Spark announces Director changes as part of Board renewal
July 28th Morning Report
KMD Brands announces new Group Chief Financial Officer
Commerce Commission to issue SOI re Viridian application
FBU - Moody's affirms FBU Baa3/stable rating