Mark Ferguson Set To Make Some Serious Dollar Dollar Bills With Seven Network

Mark Ferguson Set To Make Some Serious Dollar Dollar Bills With Seven Network
SHARE
THIS



Following Chris Bath’s resignation from Seven newsroom, Mark ‘Fergo’ Ferguson has reportedly signed a five-year contract with seven news media.

As reported in a News Corp publication, Seven’s Sydney news director Chris Willis said “We see Mark as the future. Our strategy is one of perseverance.

“The reason we’re committing ourselves to Mark is that we’re confident he’s got what we need … 30 years’ experience overseas covering major news stories, great knowledge of the business, he understands people in the way people from the country do. He’s the man we want to do the job,” Willis said.

Fergo has signed the dotted line but has also taken a pay cut of an estimated $350,000 a year, or $1.75 million, over the term of the five-year contract.

“We actually acknowledge we have got a long way to go (to catch Nine) but we are seeing some signs of progress. People forget Ian Ross took two years to win us the ratings [after coming out of retirement in 2003 following 38 years at Nine] and we do see Mark as the future,” Willis added.

“We have the same number of reporters (as Nine), the same number of stories most nights, and I would argue we break more stories than they do.”

Back in 2009, Fergo negotiated a $800,000-a-year contract with after quitting the Nine Network newsroom.

Please login with linkedin to comment

Latest News

Zenith: 65% Of Digital Media To Be Programmatic In 2019
  • Technology

Zenith: 65% Of Digital Media To Be Programmatic In 2019

Sixty-five per cent of all money spent on advertising in digital media in 2019 will be traded programmatically, according to Zenith’s Programmatic Marketing Forecasts, published today. Advertisers will spend US$84bn programmatically next year, up from US$70bn this year, which represents 62 per cent of digital media expenditure. We predict that in 2020 advertisers will spend […]

Sugar Agency Wins Fairfax’s ‘Ads Are Better Rich’ Competition For 2018
  • Advertising
  • Media

Sugar Agency Wins Fairfax’s ‘Ads Are Better Rich’ Competition For 2018

Digital player Sugar Agency has been crowned the winner of this year’s ‘Ads Are Better Rich’ competition by Fairfax Media. Launched by Fairfax’s chief revenue officer, Matt Rowley, at the company’s 2018 Agency Symposium, the challenge aims to encourage agencies to push creative boundaries by using rich media formats to develop a campaign that promotes their agency. […]

Former APN Outdoor Sales Boss Launches OOH Consultancy
  • Advertising
  • Media

Former APN Outdoor Sales Boss Launches OOH Consultancy

An ex-sales director from APN Outdoor is trying his hand at consulting to advertisers looking to spend some coin in the out-of-home market. After 13 years at APN leading its national direct sales and then its NSW agency sales teams, Tim Rose resigned from the business in shortly before it had agreed to be sold […]

Melbourne Agency Taska Media Wins Exhibition Events Australia Media Account
  • Media

Melbourne Agency Taska Media Wins Exhibition Events Australia Media Account

Independent media agency Taska Media has secured the entire national media business of Australia’s largest consumer events company Exhibition & Events Australia (EEA). The deal that will see the agency deliver a full suite of television, radio, out of home, digital, partnerships and publisher-focused media buying. The boutique agency said it won the account for EEA […]

US Culture Consultancy Opens Australian Office
  • Marketing

US Culture Consultancy Opens Australian Office

Consulting firm Ministry of Culture (MoC) has announced the expansion of its US-based business to Australia with a new office in Sydney. It is the first international office for the US group, which will focus on providing cultural transformation, consumer insights and culture creation to Australian and Asia-Pacific clients. MoC’s Australian founder, David Art Wales […]