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Stokes to Step Down After Seven West and Southern Cross Merger

Kerry Stokes supports the merger aiming to address traditional media decline with cost synergies estimated between $25 million and $30 million, shareholders are set to vote soon.

Summary by WA Today
Billionaire Kerry Stokes is set to step down as chairman of the Seven Network after three decades in power.
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6 Articles

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Lean Right

Seven boss to step down in mega media deal

Billionaire Kerry Stokes will step down as Seven West Media chairman if a huge merger set to transform Australia’s media landscape goes through.

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Australian Financial ReviewAustralian Financial Review
Lean Right

The end of the affair for ‘King Kerry’, old-school media mogul

For decades, Kerry Stokes’ near monopoly on WA media has delivered him unparalleled influence. Giving up control of the business brings an era to a close.

·Sydney, Australia
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Sydney Morning HeraldSydney Morning Herald
+2 Reposted by 2 other sources
Lean Left

Is media baron Kerry Stokes preparing his exit? It looks like a yes

Unlike Lachlan Murdoch, Kerry Stokes’ son doesn’t have ink in his veins and has traditionally demonstrated scant interest in all things media.

·Sydney, Australia
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  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right

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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, September 30, 2025.
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