The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
15
print
Print
OtherRenee McKeownMon 03 Feb 20

Catalano Portfolio Competes with Domain

5b5e0f6e-20d1-42b0-88f2-9fde2d7c042f

Antony Catalano is mounting his media campaign against Domain by adding another platform to his portfolio.

The regional media proprietor was announced as a board member on Australia's third largest real estate portal realestateview.com.au on Monday.

The former Domain chief executive and his business partner Alex Waislitz hold the largest interest in the portal with a 26 per cent stake.

The acquisition adds to the pair's growing media portfolio, after Catalano and Waislitz's $115 million acquisition of Australian Community Media in June 2019.

The portfolio is in direct competition to Catalano's former employers, the former Domain chief executive spent 26 years with Fairfax prior to leaving for “family reasons” in 2017.

In 2018, Catalano made an eleventh-hour attempt to disrupt the merger of Fairfax Media and Nine Entertainment which was rejected by shareholders.

In late 2019, Catalano was in a standoff with television broadcaster Prime with a 14.6 per cent share against Kerry Stokes Seven West Media (14.9 pc), and WIN Corp owner Bruce Gordon (11.6 pc).

Gordon and Catalano voted against Seven's merger with Prime with the deal collapsing prior to Christmas.

Catalano also owns a stake in property media agencies Media Plus and Tomorrow Agency—one of Domain's largest clients.

Catalano said he was confident on his new appointment to the realestateview.com.au board and the business’ potential.

Related: Catalano Smashes Price Record with $30m Penthouse Buy

Realestateview.com.au’s chief executive Toby Balazs supported the decision and becoming part of a cross-platform media network.

“The opportunity to work with ACM and extend our brand through their network is a clear vote of confidence for the work we’ve been doing,” he said.

“Antony has an impressive track record of rapidly growing media businesses, particularly in the real estate category.”

ACM and other media publishers who combined account for 36 per cent interest in realestateview.com.au have over 270 suburban and regional newspapers in circulation.

ResidentialAustraliaMelbourneMarketingTechnologyReal EstateSector
AUTHOR
Renee McKeown
More articles by this author
ADVERTISEMENT
TOP STORIES
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
View All >
Kangaroo Point Aria Canopy House Revised DA Approval hero
Development

Aria’s Revised Tower Greenlit for Inner-City Kangaroo Point

Phil Bartsch
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
Warren and Mahoney's rendering of Leftfield's project at 691-693 Burke Road, in Melbourne's Camberwell.
Residential

Leftfield Lifts Cover on 14-Storey Scheme at Camberwell

Marisa Wikramanayake
The 57-apartment proposal at Camberwell comes as Melbourne’s move toward densification gain pace...
LATEST
Kangaroo Point Aria Canopy House Revised DA Approval hero
Development

Aria’s Revised Tower Greenlit for Inner-City Kangaroo Point

Phil Bartsch
3 Min
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Warren and Mahoney's rendering of Leftfield's project at 691-693 Burke Road, in Melbourne's Camberwell.
Residential

Leftfield Lifts Cover on 14-Storey Scheme at Camberwell

Marisa Wikramanayake
3 Min
Third.i Crows Nest Dolls House render EDM
Build-to-Rent

Thirdi Scraps Office Tower for Crows Nest Over-Station Site

Vanessa Croll
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/catalano-portfolio-competes-with-domain