I reckon it might be ACM
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The thing for Ten is they are scared now because WIN/Seven called their bluff and closed down MDT. Ten need to own the stations to secure the revenue being generated from the Ten relay stations across the country. They know MDT was just the start. As the host, Ten is also the only one that can deliver the highest efficiencies to drive the costs to the lowest point possible for these stations, which is not far from where WIN and SCA are at now.
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Issue is with some of those remote markets is that is costs a lost of money to operate the transmission network required. Would be a hefty financial hit.
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Nine’s big dogs gather at zoo to discuss elephants in the room
Departing in a chauffeur-driven Audi, Mike Sneesby declined to comment on his resignation after lecturing staff on a ‘values driven’ culture ahead of the release of the report probing the under-siege media company.
The “strategy and people forum” – which according to a Nine spokesperson brought together the company’s “top 200 leaders from across all parts of the business” – was planned long before Mr Sneesby announced his departure, but it is likely the last time he will address his senior staff in his capacity as CEO, a role he has held for three-and-a-half years.
Sources inside the meeting said Mr Sneesby, 50, opened the event with a short speech, during which he spoke about the importance of leadership and developing a strong “values driven” company culture. The overall group strategy was also communicated, with the intention that all leaders understand their role in developing a high-performance culture.
He left shortly after.
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I thought the problem with MDV was that it didn’t generate any revenue, and lost money for almost its entire existence?
How do you secure revenue from a resource that loses money?
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It also highlights the flaw with the joint venture model: there was no real incentive for WIN (or Seven, whichever handled sales) to drive clients to spend on MDV - this is evident as the station still lost money even as a Nine affiliate.
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Revenue yes, profit no.
Sneesby resigns from Domain board, with replacement announced
Outgoing Nine CEO Mike Sneesby has resigned as a non executive director of Domain, with effect from 30 September.
Sneesby was nominated as a director to the Domain Board by Nine Entertainment, Domain’s majority shareholder, and will step down on the same day he leaves Nine. He will be replaced on the Domain Board by Mickie Rosen.
Rosen is an independent non executive director on the board of Nine, and served on the Fairfax board from March 2017, becoming a director of Nine upon the Fairfax/Nine merger. She will be a non-independent director on Domain’s Board.
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Nine’s chief sales officer Michael Stephenson is guest on this week’s episode of Mumbrellacast, ahead of his boss Mike Sneesby’s departure next week, and the release of a review into the company’s workplace and culture.
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And not to mention, in some cases, a change in ownership may trigger greater local content quotas.
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Saw an ad at Mediaweek website that NEC would live stream its 2025 upfronts next Thursday (October 24) at 2pm AEDT. To register to watch the live stream, you will need to click on the RSVP link on the ad.
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I think that’s the in person event start time, the live stream is from 2:00pm AEST
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Qvest, a specialist in media-focused consulting- and technology services and Nine Networks, Australia’s largest media company, have expanded their collaboration and successfully upgraded the Channel 9 station in Melbourne. In addition to the news, sports and post-production environment, the playout infrastructure was also completely renewed. The sender network now benefits from aligned workflows, increased security and an agile production environment to respond quickly to current events and needs, including content production for multiple touchpoints.
Building on the successful remodeling of news, sports, and post-production at Channel 9’s Sydney headquarters, Nine Network Australia extended its collaboration with Qvest as their trusted advisor and master systems integrator to the network’s metro station in Melbourne. As part of this project, Qvest was responsible for the design, commissioning and ongoing support for the renewal of the news, sports and post-production facilities. The project also included training all newsroom and production staff on the new tools and workflows.
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Nine board and management have reportedly not yet seen its contents.
Findings will be shared with staff later in the day with counselling available.
Nine is expected to publish a version of the report online after a staff briefing.
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Nine Entertainment releases culture review findings
17 October 2024: Nine Entertainment (Nine) has today released an independent review of its workplace practices and culture.
The review, conducted by leading organisational culture firm, Intersection, involved a company-wide survey in addition to comprehensive interviews held with members of the TV News & Current Affairs department.
The Nine Board received the Intersection report today and, in the interests of transparency, has released it in full to Nine’s 5000-strong workforce and shared it publicly. The report will inform the work underway to strengthen Nine’s organisational and workplace culture.
The report found that Nine has a systemic issue with abuse of power and authority; bullying, discrimination and harassment; and sexual harassment.
Driving these behaviours is a lack of leadership accountability; power imbalances; gender inequality and a lack of diversity; and significant distrust in leaders at all levels of the business.
The report has made 22 recommendations, prioritised into foundational, intermediate and advanced changes required for the reset of culture at Nine.
After considering the report today, the Nine Board committed to implementing all 22 recommendations, and has requested management to provide the Board and employees a comprehensive action plan to uplift the company’s culture during November 2024.
Nine Chair Catherine West said: “Today is an incredibly difficult day for Nine as we confront these findings and reflect on serious cultural issues as an organisation. The behaviour outlined in the report is unacceptable. Abuse of power, bullying, sexual harassment and inappropriate conduct is not okay. This behaviour has no place at Nine.
“We acknowledge that too many of our past and present employees have been harmed by poor workplace culture, the prevalence of inappropriate workplace behaviours, and an inadequate response in the past from Nine to those behaviours.
“To any individual who has experienced inappropriate conduct that does not meet the values of Nine, we are deeply sorry. On behalf of the Board, I unreservedly apologise.
“The strength and courage these individuals have shown in sharing their stories as part of this process will allow us to move forward as an organisation with a clear understanding of where we went wrong and their insights will help strengthen Nine’s culture for the better. For that, we thank them.
“Despite the proactive culture change agenda already underway, the reality is much more needs to be done and a cultural reset is required. Nine’s Board and leadership team are united in their commitment to accelerating and driving the required change.”
Nine Acting Chief Executive Officer Matt Stanton said: “The Intersection report makes for hard reading for the many people who love working for Nine and all that we stand for. It was personally distressing for me to read these stories from our people. The behaviour experienced by many of our people right across the business is not acceptable in any workplace and falls well below what our people should expect in the work environment.
“While it is important that today all of us at Nine take a moment to reflect, we also move forward with a resolve to do better. We have a responsibility to our people to create a safe and respectful work environment to ensure they can perform at their best. Our people deserve nothing less.”
Intersection Principal Natasha de Silva said: “This report reflects the findings from the most comprehensive review of culture ever undertaken in the Australian media sector. While our review contains sobering findings, the strong survey participation rate is an indication of the willingness of the Nine workforce to be part of the cultural change.
“The recommendations made by the review are intended to build a safe, respectful and inclusive culture at Nine into the future. I am encouraged by the Board and management’s commitment to transparency demonstrated by releasing the review report in full as well as their commitment to implementing the recommendations.”
The report is available here.
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I notice that Victoria’s name appears on the bottom of the press release on the workplace culture review at Nine for Brands website.
Radioinfo reports that she will leave the company on November 1.
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Nine reporting on itself
Seven
“Nine continues to protect the identity of the perpetrators”
Weird ending to the report “Staff will no doubt be hoping that the appearance of this truck at the network’s Sydney headquarters today is just a coincidence”. Why would you try to make a joke?
Follow up:
Shorter report on 10
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