James Packer still collects $60m dividend despite company revenue collapse
Consolidated Press Holdings' annual revenues fell from $5.9 billion to $101.6 million.
Consolidated Press Holdings, the family company James Packer uses to manage his shareholdings, has reported a dramatic revenue collapse in the past financial year. Revenues plummeted to $101.6 million from $5.9 billion the year before.
The company recorded a further $267.5 million in fair value adjustments. CPH received $4.8 billion in dividends from controlled entities in 2025, but none in the 2026 financial year.
Despite the sharp downturn, Packer remains in line for a $60 million dividend payout, down from the $100 million he received last year. The company's investment documents do not explain the revenue collapse or dividend freeze.
- $5.9 billion to $101.6 million
- Revenue collapse
- $100 million down to $60 million
- Dividend cut
- $267.5 million
- Fair value adjustments
- $4.8 billion in 2025, none in 2026
- Dividend income frozen
Why it mattersIt shows how billionaires insulate wealth through holding companies even when underlying investments struggle or stop paying out.
AustraliaPacker is one of Australia's most prominent billionaires; movements in his holding company signal shifts in his US tech and media investments that Australian media once depended on.
Corroborated bybrisbanetimes.com.au
✓ Claims checked against the source. checked 2 h ago
