Falloon set to step down as Ten chairman

Tim Burrowes

November 4, 2010 6:10

James Packer and Lachlan Murdoch have won their bid to wrest the chairmanship of Ten’s board from Nick Falloon.

The network this afternoon put out a statement saying Falloon is willing to step down next month and leave the media company.

But the Ten board is so far refusing to budge on giving Packer and Murdoch more than two seats on the enlarged ten person board following the investment from Packer’s Consolidated Media Holdings.

Packer bought just under 20% of the company a fortnight ago, with it quickly emerging that Murdoch was also involved in the plan.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.