Kerry Stokes has used his last annual general meeting as Seven West Media chair to blast "foreign marauders" and an unfair tax system for the group's fading revenues.

Seven West's total revenue slipped four per cent in the latest financial year, while group net profit after tax shrunk from $67 million in the 2024 financial year to $30 million in 2025.

"The past year has been a typically eventful one, unpredictable and undeniably challenging for an industry facing persistent pressures, regulatory uncertainty, and ongoing threats from foreign marauders intent on snapping at our heels and snatching away our heartland," Mr Stokes told shareholders in Sydney.

"It's pretty public challenges that we've faced, particularly from the platforms that come in and steal our businesses."

Investors we

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