This is the Fairfax take on the deal Packer, Stokes call truce in battle for ConsMedia but over at The Oz (owned by News Corp and News are part owners of ConMedia) the picture is painted differently -
KERRY Stokes has scored a stunning victory with James Packer agreeing to give him two seats on the Consolidated Media board in return for a 12-month standstill agreement.
via Packer invites Stokes onto ConsMedia board | The Australian.
How much does Packer want to hold on to ConMedia? Which is more important, Gambling or Pay-TV; its possible he will have to make a choice sooner or later. Stokes on the other hand seems single minded in his goals.
