Seven West Media shares fall as email leak exposes board dramas

Tim Burrowes

December 12, 2025 5:10

Seven West Media’s share price took a hit on the Unmade Index on Friday in a dip that coincided with the bombshell publication of a trove of leaked board emails.

SWM lost 3.9% in late trading. At lunchtime the Australian Financial Review published correspondence uncovering how the SWM board, chaired by Kerry Stokes, discussed reputational crises including revelations about the personal conduct of former CEO Tim Worner and the the allegations of war crimes against its Queensland general manager Ben Roberts-Smith.

SWM shareholders are due to vote in ten days time on Stokes’ plan to merge with Southern Cross Austereo.

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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.