Tag: MediaWorks

Who Would Buy TV3?

Chief executive Greg Hywood: What does he mean by “the end game ” for Fairfax?

Rejection of the Fairfax-NZME merger has revived speculation about the future of Tv3. In the past, Fairfax was tipped as a possible buyer for the MediaWorks Group, including TV3 (+HR=E)  and half the country’s radio stations. Eighteen months ago it made some sense. Fairfax-owns some big newspapers and the Stuff website. Mediaworks owns TV3, but the radio network is much more commercially successful. It has an under-developed digital arm. But the main plus for Fairfax would be there are none of the market dominance issues that bedeviled the NZME deal.

 

Media industry sources say that the media landscape has changed. Fairfax has bigger fish to fry back home. Does it want really want to hang around and buy into a difficult market in this country?

Advertising has slumped and television ad spend is particularly vulnerable. During merger hearings at the Commerce Commission, Greg Hywood said that rejection of the merger would be “the end game” for Fairfax.

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Fight Club: Sky versus TVNZ

Wendy Palmer Exits RadioWorks Updated by press release

Wendy Palmer resigned today as chief executive of the MediaWorks radio operation, signaling more big changes ahead for New Zealand media. Yesterday, Jeff Latch resigned as TVNZ director of content after 23 years.  Both have been major players in New Zeland media. Palmer has been a leading light of MediaWorks and she has maintained market leadership against NZME radio operations.

Jeff Latch is exiting TVNZ as well.

The stability and strength in Mediaworks radio – especially in Auckland – has balanced the major problems facing TV3. Sources say that Palmer has become frustrated with the ructions during the troubled era when Mark Weldon was CEO of MediaWorks. Weldon was more interested in TV, but sources say it was a challenging time for Palmer as well. Amidst persistent rumours of potential sales for MediaWorks there have been suitors for radio alone, but few when TV is included in the sale, sources say. In August last yea, Michael Anderson took over as CEO. His profile on the MediaWorks website highlights a background radio. “Michael spent seven years as CEO of one of Australia’s largest commercial radio groups Austereo (now Southern Cross Austereo) and before that as their Group Director, Sales. “Under Michael’s leadership, Austereo’s performance in both revenue and audience grew significantly – in a time of huge change to the industry.” MediaWorks has previously rejected several requests to speak to Anderson about the strategy and future of the firm.

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Fight Club: Sky versus TVNZ

Julie Christie Is Still The Programming Brains At TV3

CAPTION. Julie Christie will continue to be the programming brains on the MediaWorks Board after McGeoch goes next month

MediaWorks has taken another step away from dysfunction of the Mark Weldon era with the departure of its chairman, Rod McGeoch. His replacement – board member Jack Matthews – will be hard-pressed to bring back the goodwill of the firm pre-receivership. But he will need to try – because the current funk puts it at a disadvantage ,to its competitors. Matthews appears to be well liked by staff and will need to try.

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Fight Club: Sky versus TVNZ

Aussie MediaWorks Boss Confirmed

As tipped, MediaWorks has announced the appointment of Michael Anderson as CEO, replacing Mark Weldon. He will start on August 29 from Australia where he is currently Chairman of Oztam and oOH! Media and a non-Executive Director of Fairfax Media. Prior to his tenure on Board seven years as CEO of one of Australia’s largest commercial radio groups Austereo (now Southern Cross Austereo) and before that as their Group Director, Sales. MediaWorks statement said Under Michael’s leadership, Austereo’s performance in both revenue and audience grew significantly – in a time of huge change to the industry. Media Works said. See below – earlier stories in Zagzagger on Anderson’s likely  appointment and how MediaWorks problems are in TV, not radio. Earlier this month Australian Hal Crawford started as Chief News Officer at Media Works. The appointment could not have come sooner. The media sector is facing huge upheavals in New Zealand. While acting CEO David Chalmers has kept a steady ship, the company has been left behind due to a lack of leadership to deal with the company’s strategy.

 

 

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Fight Club: Sky versus TVNZ

MediaWorks Woes At TV3, Not Radio: Update

MediaWorks appointment of Michael Anderson as chief executive would still leave it short on television expertise. The Australian Financial Review has tipped Anderson’s appointment soon. Anderson is a radio man and has been chief executive of the FM radio company Austereo for eight years. He is chairman of outdoor media firm oOh! Media and a director of print and radio-focused Fairfax Media in Australia. (Though the AFR said he would likely be standing down from those board room roles). Industry people I have spoken to Anderson is well respected and liked. He is said to be inclusive – with a personal style that appears to be the polar opposite of Mark Weldon, the man he replaces. Anderson knows media well – so he is several steps ahead of where Weldon  started, But he does not have a background in television.

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Fight Club: Sky versus TVNZ

Odd Timing for Henry Hols Star exits on cusp of ratings success

Paul Henry has left his show for a three week winter break. It is odd timing with Hilary Barry replacement Ingrid Hipkiss yet to show an obvious rapport with The Great Man. The Henry Show has been snapping at Breakfast on TV One, in the 25-54 year old demographic at least. It seems inevitable the star’s absence will interrupt the momentum built up through 2016 and coming to a head now. Maybe he is stressed out?

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Fight Club: Sky versus TVNZ