Surprised this hasn’t been mentioned yet but it was announced a few days ago that a new streaming service/channel called ‘ausbiz’ will launch early next year. It’s designed to fill the void left by Your Money by be live 8 hours each weekday to cover business and market news which occurs during the trading day.
What’s noteworthy about this venture is who’s part of it. David Koch is the service’s chairman while several people associated with Your Money are also involved like Kylie Merritt, Nadine Blayney and Ingrid Willinge.
Surprised this hasn’t been mentioned yet but it was announced a few days ago that a new streaming service/channel called ‘ausbiz’ will launch early next year. It’s designed to fill the void left by Your Money by be live 8 hours each weekday to cover business and market news which occurs during the trading day.
What’s noteworthy about this venture is who’s part of it. David Koch is the service’s chairman while several people associated with Your Money are also involved like Kylie Merritt, Nadine Blayney and Ingrid Willinge.
This service starts next month, and it will be available on “some of Seven’s digital platforms”, The Australian is reporting. I wonder if that means it will be a channel on 7Plus?
Those financially backing their vision (according to ASIC) include ex-St George CEO Jim Hazel, Adelaide Football Club chairman Robert Chapman (who clearly doesn’t mind investing in something started by the chairman of local rival Port Adelaide), Canberra family-run property developer BISA Property and Pocketbook founders Bosco Tan and Alvin Singh. And with a tiny 1 per cent stake: the still Washington-based Joe Hockey and wife Melissa Babbage, who put in $10,000.
Seems like (according to the press release Johnson linked to) that the channel is running a reduced offering for the first week and a bit before expanding their on-air hours so perhaps the 7Plus stream will be available when that happens
Agree with your observations - hopefully the issues are just teething problems which will be resolved as everyone gets into the swing of things
Boutique publisher Michelle Hespe has launched proceedings with IP Australia against AusBiz founder Kylie Merritt over use of the streaming platform’s name. Hespe argues her business, Publishing ByChelle, first started using the name in September 2017, two years before Merritt and David Koch, as the title of an in-flight magazine insert she produces for airlines Alliance, Rex and previously Airnorth, and for an affiliated digital platform.
