Ten Network so called because it broadcasts on Channel 10 in most cities, is Australia's third but possibly most profitable television network. Canada's CanWest Global Communications Corp. is the largest shareholder of the network's holding company, The Ten Group Pty Ltd ('Ten'). The floating shares are traded at the Australia Stock Exchange.
The network, formed in 1965, was initially dubbed the Independent Television Network but quickly adopted the name the 0-10 Network which reflected the (VHF) channel 0 and 10 frequencies that it broadcast at the time. Since the late 1990s Ten also refers to itself by the acronym "The Entertainment Network" in network promos.
Marketing itself towards a more youthful audience than the other larger stations, Ten's programming is heavily dominated by American shows. It does carry two very successful local shows: the internationally exported soap operaNeighbours, and the local version of Big Brother. It runs a staple of Fox and other American sitcoms and cartoons. Ten caught on early to the reality television craze, and currently its programme line-up features several such shows, with varying degrees of success. It runs an hour of national news on a considerably smaller budget than most of its competition. More than any other commercial network, financial pressure causes Ten to be run with ruthless efficiency. It screens few movies and makes heavy use of re-runs, particularly of The Simpsons and Seinfeld.
Ten Network programming is also carried by the following affiliate stations: