Seven West Media (SWM)
All research reports and stock updates for Seven West Media.
Research Reports
Aussie idle
The outlook for the TV advertising market is weak. Seven West Media expects the total TV market to decline by mid-to-high single digits in 2H23f.
TV aerial fixed
Major shareholder Kerry Stokes is well known for his early job as a TV aerial repairman. His current CEO James Warburton has done a good job of fixing the aerial on Seven West Media with the balance sheet in order, and operationally heading the company in the right (digital) direction.
Golden goose
Seven West Media has never been short of bravado about its primacy in free-to-air commercial television. But the expansion of the TV market to incorporate BVOD finally makes SWM’s posturing a claim worth paying attention to.
Silver Medal
Seven West Media’s swagger is back as advertising conditions improve, digital revenues reach a ‘personal best’ and an earnings upgrade puts the company on the podium. But the Olympics contract has been sanctioned for interfering with cashflow.
Turning point to digital TV
Seven West Media’s free digital streaming service, 7Plus, is providing a welcome good news story as it draws in good audience numbers crucial to advertisers. SWM may be at a turning point where traditional linear television no longer dominates the business, supplanted by broadcast video on demand.