: 140 : 150 On 17 October 2006, Packer's team finalised a deal to sell 50% of the media assets-which also included a 50% stake in web portal Ninemsn and a 51% stake in Carsales-to private equity group CVC Asia Pacific for A$4.5 billion, plus an additional A$1 billion in equity in the new company, which would be called PBL Media. Given changes in media due to the Internet and pay-TV, Packer was concerned about the future of free-to-air television. In March 2006, Packer began discussing whether to sell Channel Nine and the Australian Consolidated Press magazine group to help fund his move into the international gaming and tourism business. : 101 The deal, initially valued at A$100 million, was eventually worth A$462 million to Packer-controlled entities. : 53 : 242 At Packer's urging, the magazine group then controlled by his family, Australian Consolidated Press, acquired a 41% stake in online advertiser Carsales in October 2005. He sold most of his stake six years later for A$440 million. Packer purchased a 25% stake in SEEK for A$33 million in August 2003. Career Early internet investments įollowing the dotcom crash of 2000–2001, Packer acquired stakes in the online classified sites Seek and, believing that newspaper companies relying heavily on classified advertising were vulnerable to online companies in categories including employment and vehicle listings. His mentors, he has said, include his father and corporate executive Albert J. Packer has stated he did not attend university as he "didn't have the marks". After obtaining the Higher School Certificate (HSC) at Cranbrook, he began working at his father's extensive Newcastle Waters cattle station in the Barkly Tableland of the Northern Territory, where he was a jackeroo. Packer was educated at Cranbrook School in Bellevue Hill, Sydney. His grandfather was the media proprietor Sir Frank Packer. James Packer was born in Sydney, the son of philanthropist Roslyn (née Weedon) and media mogul Kerry Packer. In June 2022, the Federal Court approved Blackstone's takeover of Crown Casinos, delivering Packer A$3.36 billion in exchange for his 37 per cent stake in the company, which he has been involved with since 1999. Forbes Asia magazine assessed Packer's net worth at US$3.6 billion in January 2019, the ninth-richest Australian. He is the former executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings, which predominantly owned media interests across a range of platforms, and a former executive chairman of Crown Resorts.Īs of May 2021, Packer's net worth was assessed as A$5.72 billion by the Financial Review Rich List, ranking him as the fifteenth-wealthiest Australian he was the richest person in Australia in 20. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies. Packer is the son of Kerry Packer AC, a media mogul, and his wife, Roslyn Packer AC. James Douglas Packer (born 8 September 1967) is an Australian billionaire businessman and investor. Robert Clyde Packer (great grandfather).At other times I wonder where their head is it. So while I don't like these removal like yourself, I do get them at times. Additionally, if Apple were to provide DDNS services they also need to offer support for that, which is supporting something that may not be their fault. Having more than one service out these who do they then support as they would be contantly lobbied by those left off the list. The reason why this has been removed, and I speak only to the DDNS features, is that Apple needs to keep up with the protocols for DDNS services and while these don't change often they do change. With regards to Mt Lion, while it looks like it works I can't give any real information as all my clients using Mt Lion Servers also have static IP addresses so it's not been needed as yet.Īnd yes, the DynDNS updater client looks like it was written in the dark ages! 😁 I have to say that I originally thought it wasn't working reiably as well although after giving it a chance to do the right thing I found out that it was.
James packer divorce update#
I use DynDNS' update client which can be downloaded from their site.
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