Netus switches to smaller ventures.

Byline: Neil Shoebridge

Mar 27, 2011 (The Australian Financial Review - ABIX via COMTEX) -- Internet investment business Netus has switched its strategy to smaller investments of less than $A5m so its executives can have direct involvement. Netus recently sold its 40% stake in online energy price comparison website Switchwise. Netus was launched with a $A40m investment from News Corporation in 2005 and has since invested $A21m in nine businesses. Netus chairman Daniel Petrie denies 2010 speculation that News Corporation is seeking to sell its Netus stake.

Publication Date: 28 March 2011

 NEWS CORPORATION - ASX NWS NETUS PTY LTD FAIRFAX MEDIA LIMITED -ASX FXJ SEVEN GROUP HOLDINGS LIMITED - ASX SVW TEN NETWORK HOLDINGSLIMITED - ASX TEN CONSOLIDATED MEDIA HOLDINGS LIMITED - ASX CMJSWITCHWISE PTY LTD MICROSOFT AUSTRALIA ECORP LIMITED NINE ENTERTAINMENTCOMPANY PTY LTD TRAVEL.COM.AU LIMITED REACHLOCAL AUSTRALIA PTY LTDTANTALUS MEDIA PTY LTD BUYSTER PTY LTD DOWNSTREAM NOMINEES PTY LTD OURDEAL PTY LTD ALLURE MEDIA PTY LTD THE VIDEO COMPANY.TV NINEENTERTAINMENT COMPANY PTY LTD CUDO PTY LTD ISELECT PTY LTD 

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