Packer packs it in; media dynasty ends in Australia

28 Oct 2008
By Ross HoddinottJames Packer's resignation from the board of PBL Media effectively ends his family's near century-old media connections. It was only a little more than two years ago that Packer sold half of his major media interests to private equity group CVC for A$4.5 billion ($2.8 billion U.S.). A year later he sold a remaining quarter to them for half a billion...

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Ross Hoddinott

Ross Hoddinott is AIM Group director (interim) for Australia, New Zealand and Asia. He has a media background of more than 25 years. He served as planning director for Edward H. O'Brien (Yellow Pages), overseeing corporate and product development, and as research and marketing director with TMP Worldwide, parent company of He lives in Sydney, Australia