Nine in almost total control of Macquarie Media - but fund manager Geoff Wilson still unhappy

Nine Entertainment has seized 92 percent of Macquarie Media and says it will compulsorily acquire the rest if small shareholders continue to resist. 

Wilson Asset Management chairman Geoff Wilson is holding out and says the $1.46 on offer is low ball and not in the interests of shareholders. 

However, Mr Wilson tells ABC's Peter Ryan he is in a difficult position given that key shareholders John Singleton, Alan Jones and Mark Carnegie have now accepted the offer.