It’s time for an Australian media reshuffle
It’s homework-marking time at Nine, Seven, and News Corp this week, and there’s been a few ‘see me after class’ performances of late.
Facing shareholder fury at Nine’s annual general meeting this week for swimming against the public tide when it comes to gambling ads; for Domain’s struggle to climb the property-website ladder; and for countless other woes at Nine, new-ish chair Catherine West and acting CEO, Matt Stanton, promised (or pointed out, much like Tony Blair once did) that things can only get better.
They have a plan. West explained: “We have a strategic and operational review under way,” and that Stanton and co. were “working on a project to improve the efficiency of the overall business”.