The West

The Nine Network has dismissed a report suggesting the Logies are in jeopardy following the sale of TV Week magazine to international interests.

The German publisher Bauer Media is acquiring the long-running magazine as part of its buy-up of ACP Magazines, although the sale still has to be approved by the Foreign Investment Review Board.

News Limited has reported the sale could place the future of the Logies, of which TV Week has the naming rights, in jeopardy.

However, a Nine spokeswoman has told AAP that the Logies are safe for another five years because of a new contract signed between ACP, Film Victoria, the Nine Network and Crown, where the event is held.

"We have a contract for the next five years, so it is safe," the Nine spokeswoman said.

"That was announced on the Saturday before the last Logies.

"Bauer has bought the company and the contract is with the company."

The Logies were first held in 1959 and have been telecast on Nine for the past 16 years.

News Limited reported a Bauer spokeswoman said the company "could not guarantee the future of anything in our business".

The West Australian

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