June 14 (Reuters) - Ten Network Holdings Ltd TEN.AX :
* Ten Group enters voluntary administration
* Announces that Mark Korda, Jennifer Nettleton and Jarrod Villani of Korda Mentha appointed as voluntary administrators
* Identified initiatives that are expected to have a positive impact on earnings in order of at least $50 million in FY18
* Identified initiatives also expected to have a potentially more than $80 million per annum positive impact by FY19
* Reduction in licence costs for ten in FY17 will be in order of $22 million and, in FY18, $12 million Source text for Eikon: ID:nASX7mmTDS Further company coverage: TEN.AX