Nine chasing 40 per cent share as Gyngell takes aim at Ten
Nine CEO Gyngell
Nine Network CEO David Gyngell said he expects the company to win a 40 per cent share of the market by the end of next year, as he claimed Ten is unlikely to recover any time soon, and ruled out paying a premium for he 2016 Olympics during the company’s half-year results presentation.
Gyngell told shareholders a 40 per cent share was a “realistic” goal as he did not expect Ten to achieve the 24 per cent share has been forecast.
“I don’t believe Channel Ten will get anywhere near the share that has been quoted,” Gyngell said. “I do not agree that Ten will get to a 24 per cent share in two years. That gives us confidence that we believe we can get our 40 per cent share in by the end of next year.”
Funny no mention of a small thing called Channel Seven, getting in their way of an aspirational 40 share
Tell him he’s dreaming!
He won’t pay a premium for 2016, but am sure will make a lofty bid for Tokyo given they’re basically in the same timezone. Im guessing Tokyo will break a record in terms of what’s been paid for an Olympics.
No chance Gynge.
New year same line….
I think 7 is in for a downward spiral, and with TEN being an absolute basket case 9 are poised to be the major beneficiary.
Modest little chappie our Mr Gyngell.
Rather be backing David against Hamish. Why would 10 get a 24 from a 21.5 when their ratings last year and this year to date, are the worst on record. Could be 40/40/20?