Stokes is most powerful media man says new ranking

Kerry Stokes is the most powerful man in Australia’s media, marketing and advertising world, according to a new ranking.  

A top 50 compiled by trade magazine AdNews places the Seven Media Group chairman in the top spot previously occupied by News Ltd chairman John Hartigan, who slips to number 3.

Among the media properties in which Stokes has an interest are the Seven TV network, Pacific Magazines, online portal Yahoo!7, West Australian Newspapers and a recently increased holding in Consolidated Media Holdings which in turn has a share in Foxtel.

Media buyer Harold Mitchell– founder and chairman of Mitchell Communication Group is number 2, the highest position he has been in the AdNews ranking.

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