TV bombshell: US giant CBS to buy Channel 10

FIRST ON 3AW

Neil Mitchell has exclusively revealed American broadcast giant CBS is set to buy struggling Australian network Channel Ten.

“Receivers and administrators will work closely together to ensure the operations continue uninterrupted while the transaction is finalised,” Neil Mitchell read via a statement on-air.

“CBS will provide immediate financial support.”

Click PLAY to hear Neil Mitchell confirm and then detail the deal