Bruce Mann, CEO of XYZ Networks, and Nikki Warburton, Group Director, Product, Sales & Marketing, Austar, have announced their departures. This news follows Foxtel’s AUD 1.9 million acquisition of Austar last month. Previously, Foxtel and Austar shared a 50:50 ownership of XYZ Entertainment. With the merger, Foxtel now owns 100 percent of XYZ. Mann steps down after spending ten years as CEO. Warburton, who has been with Austar for 12 years, will leave later this month. … [Read more...] about Top XYZ and Austar execs step down
Foxtel
Australia: Pay-TV giant Foxtel buys Austar
This month, Foxtel and Austar will be Pay-TV rivals no more, after Foxtel’s application to acquire Austar was green-lit by the Australian Competition and Consumer Commission (ACCC) on 10 April. The transaction was subsequently approved by the Federal Court on 13 April. Foxtel currently services major cities and Western Australia while Austar services rural and regional Australia; a concerted move by Austar to avoid a head-on clash. The potential good news, Foxtel asserts, would bring the … [Read more...] about Australia: Pay-TV giant Foxtel buys Austar
Breaking: Australia’s FOXTEL and AUSTAR set to merge after regulator ACCC gives green light
FOXTEL and AUSTAR will join forces to create a national subscription television service for all consumers after the Australian Competition and Consumer Commission (ACCC) today accepted an undertaking from FOXTEL and green lit the transaction to merge the companies. The transaction is subject to final Federal Court approval on 13 April. The ACCC said today it had accepted a set of undertakings offered by FOXTEL in order to facilitate the merger process. On 30 March 2012, AUSTAR … [Read more...] about Breaking: Australia’s FOXTEL and AUSTAR set to merge after regulator ACCC gives green light
Bloomberg customises down under
Hong Kong and Sydney – Bloomberg Television has announced a major investment in a separate, dedicated feed that will be customised for audiences in Australia. The new offering, available in June, will provide advertisers the ability to localise insertions to reach this key business market. Bloomberg Television is the most widely distributed business news service in Australia with more than 2.6 million households. Bloomberg Television is available on Pay-TV platforms Austar, Foxtel, … [Read more...] about Bloomberg customises down under
More A+E in Australia
New York/ Sydney – A&E Network, a flagship channel of global media content company A+E Networks, is launching in Australia on FOXTEL on 16 February. The factual entertainment channel will carry original, unscripted entertainment series. It is the latest channel from A+E Networks to be offered by the FOXTEL Channels Group, which currently operates History, Crime & Investigation Network and Bio in the country. A&E Australia will also offer “home grown” content. It has … [Read more...] about More A+E in Australia
TVNZ’s top man crosses the ditch
Rick Ellis, Chief Executive of State broadcaster Television New Zealand (TVNZ) announced his resignation today. Company chairman Sir John Anderson said Ellis would be joining Australia’s Telstra from January next year. Ellis will be in charge of a new Telstra division called Telstra Digital Media, overseeing the telco’s Sensis, Bigpond, Trading Post and IPTV businesses, and Telstra's partnership with Foxtel. Anderson acknowledged Ellis's 10 years of service as TVNZ chief executive, … [Read more...] about TVNZ’s top man crosses the ditch