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Network 10
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===1989β1994: Receivership and relaunch=== [[File:Pyrmont Ten Studios.JPG|thumb|[[TEN (TV station)|TEN]], Network 10's corporate headquarters in [[Pyrmont, New South Wales|Pyrmont]], Sydney]] In 1989, Ten's ratings were in decline, so on 23 July 1989, recently recruited network boss Bob Shanks relaunched the network, re-branding it as '''10 TV Australia''', and introducing several new programs, including four new prime time game shows. However, by the end of 1989, the ratings failed to improve and most of the new programs were cancelled, except for its ''Eyewitness News'' bulletins, ''[[Neighbours]]'' and ''[[E Street (television show)|E Street]]'' (debuting in late 1988). Meanwhile, Northern Star Holdings were having financial and regulatory problems. The company was subject to an inquiry by the Australian Broadcasting Tribunal in relation to media ownership rules and had run into financial difficulties following the 1987 stock market crash two years earlier. On 1 September 1989, Northern Star Holdings announced a major restructuring to pay off debts and help restore profitability. The proposals included selling off the network's three smaller stations ([[ADS (TV station)|ADS]] in Adelaide, [[NEW (TV station)|NEW]] in Perth and [[CTC (TV station)|CTC]] in Canberra) to Charles Curran's ''Capital Television Group''. The sale was completed on 27 October 1989, effectively splitting Northern Star's Network Ten in half.<ref>{{cite web|title=Northern Star Holdings Ltd|url=http://listofcompanies.co.in/2012/02/20/northern-star-holdings-ltd/|website=Worldwide Company Profile|access-date=24 May 2017|archive-date=31 October 2018|archive-url=https://web.archive.org/web/20181031183202/http://listofcompanies.co.in/2012/02/20/northern-star-holdings-ltd/|url-status=live}}</ref> In September 1990, Northern Star went into [[receivership]] and on 13 January 1991 at 8:30pm, the network was re-branded back to '''Network Ten''' with the first version of its famous ''ten'' watermark logo.<ref>Archived at [https://ghostarchive.org/varchive/youtube/20211211/dqSWaNfXzBM Ghostarchive]{{cbignore}} and the [https://web.archive.org/web/20190129023215/https://www.youtube.com/watch?v=dqSWaNfXzBM&gl=US&hl=en Wayback Machine]{{cbignore}}: {{Cite web |url=https://www.youtube.com/watch?v=dqSWaNfXzBM |title=Network 10 financial problems 1990 |last1=Gatfield |first1=John |last2=McKew |first2=Maxine |date=14 September 1990 |website=YouTube |publisher=Network Ten |type=Video |access-date=13 January 2018}}{{cbignore}}</ref><ref>Archived at [https://ghostarchive.org/varchive/youtube/20211211/JwA-TdwRe4M Ghostarchive]{{cbignore}} and the [https://web.archive.org/web/20171222100914/https://www.youtube.com/watch?v=JwA-TdwRe4M&gl=US&hl=en Wayback Machine]{{cbignore}}: {{Cite web |url=https://www.youtube.com/watch?v=JwA-TdwRe4M |title=10 New Logo first night 1991 |date=13 January 1991 |website=YouTube |publisher=Network Ten |type=Video |access-date=13 January 2018}}{{cbignore}}</ref> The network was [[Australian insolvency law#Compulsory winding-up|placed into liquidation]] by the [[New South Wales Rugby League]] in May 1991.<ref>Archived at [https://ghostarchive.org/varchive/youtube/20211211/r8-w9zdVGgQ Ghostarchive]{{cbignore}} and the [https://web.archive.org/web/20190129023214/https://www.youtube.com/watch?v=r8-w9zdVGgQ&gl=US&hl=en Wayback Machine]{{cbignore}}: {{Cite web |url=https://www.youtube.com/watch?v=r8-w9zdVGgQ |title=Network Ten in Liquidation - May 1991 |last=Sacre |first=Howard |date=May 1991 |website=YouTube |publisher=Network Ten |type=Video |access-date=13 January 2018}}{{cbignore}}</ref> In 1992, the network's flagship stations were sold to the Canadian-based [[Canwest]] media group, which held a controlling stake in the network until 2009. Also in 1992, the network commenced a strategy of targeting younger audiences. The Adelaide and Perth stations were re-acquired by the network in 1995.<ref>{{cite web|title=Ten Network Holdings Limited 1998 Annual Report|url=http://tencorporate.com.au/library/documents/TEN_annual_98.pdf|publisher=Ten Network Holdings|access-date=13 January 2018|archive-url=https://web.archive.org/web/20091013141015/http://tencorporate.com.au/library/documents/TEN_annual_98.pdf|archive-date=13 October 2009|pages=8β11|date=1998}}</ref>
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