CHANNEL Ten has hit back at claims its preparing to swing the axe through a host of its Australian-made TV shows, under a secret plan to claw back millions of dollars.
The troubled network was placed into voluntary administration back in June, with US entertainment giant CBS winning the support of the Tens creditors committee for a takeover earlier this month.
Its not known yet what the potential new owners are planning to do with Ten, but a report in todays Daily Telegraph claims a secret five-year cost-cutting plan is being considered which would see Bondi Rescue, Shark Tank and The Biggest Loser axed, Formula 1 and V8 Supercars coverage cancelled, all news bulletins and Family Feud filmed in Sydney, and 15 per cent of jobs cut across t…
Read the full article at: http://www.news.com.au/entertainment/tv/reality-tv/network-ten-hits-back-at-claims-its-planning-to-axe-shark-tank-biggest-loser-and-bondi-rescue/news-story/7f1666f76133ca222208c6f4fae4f482