News Corp Exec Michael Miller On FTA Purchase: “No, Not Today”

Michael Miller (Executive Chairman, News Corp Australasia) at Radio Alive 2017

After months of speculation News Corp would soon buy a Free-To-Air (FTA) network, Executive Chairman Michael Miller has said it won’t happen today, adding News would be mainly focusing on Foxtel for the time being.

When asked about media reform and possibilities ahead for buying an FTA network, Miller was quick to rule it out.

“No, not today,” he said.

Earlier this month, the rumour mill went into overdrive when reports surfaced that Australia could soon have its first ever commercial 24-hour business channel on free-to-air TV, as Nine was reportedly discussing the possibility of part-owning Sky News Business with News Corp.

The deal that was being talked about between the two media giants included a rebrand of Sky Business News, along with an expanded focus to cover areas such as personal finance and consumer issues in light of the banking royal commission, according to The Australian.

In May, many speculated Seven West Media’s (SWM) cost-cutting measures may lure in News Corp.

The rumours followed SWM increasing its cost-cutting target by $25 million over the next two financial years and suspended its dividend despite posting a big profit rise for the first half of FY18.

Please login with linkedin to comment

free-to-air FTA michael miller News Corp

Latest News

Canva Unveils Enterprise Era With Powerful New Workplace Products Debuted At Canva Create
  • Media

Canva Unveils Enterprise Era With Powerful New Workplace Products Debuted At Canva Create

At its first international Canva Create event in Los Angeles today, Canva, the world’s only all-in-one visual communication platform, accelerated its focus on the enterprise, debuting the platform’s biggest overhaul in a decade alongside a range of new workplace products and services poised to redefine the way millions of people work. Lead image: Canva Founders […]

Cashrewards: A Decade Strong!
  • Partner Content

Cashrewards: A Decade Strong!

Cashrewards' CEO muses on the company's 10 year anniversary. Still refusing to answer questions about a possible party.

Partner Content

by B&T Magazine

B&T Magazine
Network 10 Axes Gladiators
  • Media

Network 10 Axes Gladiators

Alas, 10's Gladiators has gone as quickly as it came. Should make for a very wild garage sale, however.