MediaWorks

MediaWorks TV is delighted to welcome Rachel Cormack as Director of Research and Insights.

Rachel joins MediaWorks TV from Television New Zealand where she is currently General Manager Research.

Prior to this role Rachel has extensive experience in the Advertising and Media industry in New Zealand and Australia. Continue reading »

You might remember last year when it was revealed that the government had given Mediaworks a deferred payment scheme for $43.3m worth of broadcasting licences.

There was much gnashing of teeth as rival media piled on, declaring that it was actually a loan and favouritism by former RadioWorks owner and then Communications Minister Steven Joyce.

Mediaworks have now announced that they have paid for the licence fees, almost two years early. Continue reading »

MediaWorks TV is delighted to welcome Liz Fraser as Director of Sales and Marketing.  Liz joins MediaWorks TV from MSN, where she is General Manager.  She has also worked extensively in the television industry.

The newly created role brings together MediaWorks TV’s Sales and Marketing departments for the first time in the company’s history.  Liz will oversee all sales and marketing functions for TV3, Four, TV3 +1 and C4.  Current roles remain unchanged.

CEO for Television, Paul Maher says: “Liz has extensive experience in television having worked in sales, marketing and programming.   She has exceptional skills in creating solutions with agencies and clients, and her unique experience in building digital content brands will be invaluable. Continue reading »

Between September 20 and October 1, 2012, MediaWorks is making a number of technical changes to the way TV3, FOUR, and C4 are broadcast.

These changes could affect your reception of TV3, FOUR and C4 and the MyFreeview series link functionality for programmes on those channels.

These changes are not part of the switch to digital TV which starts in Hawke’s Bay and the West Coast of the South Island on 30 September and continues across the rest of the country through until 1 December 2013. Continue reading »

The arrival of a new investor has given the future of MediaWorks a considerable boost.

The US-based Oaktree Capital Management, which specialises in investing in distressed assets, has bought $125m of MediaWorks’ debt from BOS International and BNZ at a considerable discount.

“Now, with Oaktree having taken out some debt, it paves the way for that restructuring of MediaWorks debt to take place, so it is a positive development because it takes out two banks, who may have had different views on it, and gives the restructuring plan a greater chance of happening,” a source said. “So now, all the parties are there because they want to be in there.” Continue reading »

The MediaWorks board has released the following statement regarding the speculation around a restructuring proposal.

The Board of MediaWorks notes there has been recent speculation about the status of the restructure process.

The Board of MediaWorks advises that it recently received and is supportive of a proposal provided by its major shareholder Ironbridge and private equity investor and senior lender TPG who are now working together and have reached agreement on a joint restructuring package for the Company.

The details of the joint restructuring package remain confidential but in broad terms it offered a significant cash injection which will pay off the Crown spectrum loan in full and fund various programming and sales initiatives already identified by the Company. Continue reading »

Radio Live has appointed Duncan Garner as permanent host of the 3pm-6pm Drive show.

Duncan starts his new role on 1 December, leaving the gallery, where he is the 3 News Political Editor.

Jana Rangooni, General Manager – Talk Brands, MediaWorks Radio, says Duncan brings a rare combination of news acumen, and great personality and flair to his new role.

“Duncan is one of the most entertaining people in the news media but most people outside the business have yet to see this side of him,” she says. Continue reading »

MediaWorks has appointed Paul Maher to the position of Chief Executive, Television.

Reporting to Group Managing Director, Sussan Turner, Mr Maher will lead the television side of the business, comprising TV3, TV3+1, FOUR and C4. He will also assume the responsibilities of the outgoing Director of Sales for MediaWorks TV.

Paul Maher joins MediaWorks from TVNZ, where he has been Director of Sales and Marketing since 2010. One of the most experienced executives in the New Zealand television industry; he brings sales expertise, insight, and in-depth knowledge of the wider television industry to his new role.
Continue reading »

MediaWorks managing director Sussan Turner yesterday told a Commerce Commission conference that without new broadcasting and video services an Ultra Fast Broadband network will fail.

Turner said there needs to be an open access wholesale market for content, which in turn requires regulatory oversight.

“I do have to ask Crown Fibre Holdings and the UFB regional networks, all of whom are here today and mandated to make a profit, if they actually believe that UFB will be connected to 75 percent of New Zealand homes without new broadcasting and video on demand services,” she said.

“To that point I say this $1.5 billion infrastructure investment will fail, repeat, will fail, unless households are prepared to first connect them and then to pay again to access competitively priced entertainment and information services.

“What’s needed in the broadcasting sector to drive UFB into households? Firstly, given that the convergence of digital distribution networks is complete and given the long standing policy principle of network neutrality, those networks ought to be subject to regulation by the telecommunications commission. That is our view.

“Separating the regulation of broadcasting from telecommunications is antiquated and limits the growth, innovation, competition – it’s our belief they should become one.”

Source: computerworld.co.nz

MediaWorks TV is recruiting for a Director of Sales to replace Linda Farrelly, who has resigned and is taking complete time out for six months.  She will rejoin the company in a consultancy capacity later in the year.

Linda Farrelly said: “I have loved my time as Director of Sales, and have been privileged to lead one of the most dedicated and committed media sales teams in the country.”

Ms Farrelly has led the sales division through a number of important developments in the company, and has been part of the highly successful launch of MediaWorks Integration, a parallel sales team whose focus is on securing revenue through brand-funded content such as New Zealand’s Next Top Model and The Block, 2011’s successful relaunch of C4 as broad entertainment channel FOUR, and the appointment of Richard Fenner to the newly created position of Business Development Director.

Her announcement comes as MediaWorks reports year-on-year growth of +2.7% for the quarter ending December 2011, outperforming the market which had total growth of +1.3%.   

“After more than 16 years of dedicated service, Linda certainly deserves this time out, and we accept and support her decision,” said MediaWorks Group Managing Director, Sussan Turner.

The recruitment process is being managed by Richard Manthel for Robert Walters New Zealand.