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

Acast Announces New Podcast ‘The Elements’
  • Media

Acast Announces New Podcast ‘The Elements’

From the audio producer of The Teacher’s Pet comes The Elements, a new Acast Creator Network podcast hosted by Thredbo survivor Stuart Diver. The Elements is a  podcast that journeys into the heart of surviving a natural disaster and will be hosted and distributed by the creator-first podcast company Acast as part of the Acast Creator […]

Herd MSL Announces Foxtel Account Win
  • Advertising
  • Marketing

Herd MSL Announces Foxtel Account Win

Comms agency Herd MSL announces Foxtel win. Forgoes office party poppers on account of the new $1300 Dyson cordless vac.

DoubleVerify Launches Enhancements To Brand Safety And Suitability Solution
  • Technology

DoubleVerify Launches Enhancements To Brand Safety And Suitability Solution

DoubleVerify has today announced enhancements to its brand safety and suitability solution that include the introduction of DV’s Brand Safety Floor as a turnkey option, extending Brand Suitability Tiers on YouTube, and more. Available to both advertisers and publishers since January 2021, Brand Suitability Tiers allow brands to align suitability settings with their own unique standards, […]