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Reading: More Redundancies At Macquarie As Nine Continues Its “Aligning”
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B&T > Media > More Redundancies At Macquarie As Nine Continues Its “Aligning”
Media

More Redundancies At Macquarie As Nine Continues Its “Aligning”

Staff Writers
Published on: 28th November 2019 at 8:16 AM
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Macquarie Media’s head of content, Mark Noakes, is the latest casualty in Nine’s restructuring of the radio business.

Overnight Nine announced Noakes would be made redundant via a statement from its newly installed managing director, Tom Malone.

Noakes had been with the network since 2002 and worked across a number of its assets including 2GB, 3AW, 4BC, 6PR.

Malone said: “As a result of aligning the Macquarie sales structure more closely with the Nine sales structure we will continue to focus on maximising our revenue from the direct market whilst developing our agency sales and digital capability. As a result, the role of head of commercial has been made redundant.”

The latest redundancy is a string of departures at the broadcaster since Nine took a 90 per cent stake in the business in early October.

In just the past month, Macquarie’s cleanout has seen the departure of its national executive producer, Michael Thompson and most noticeably, the departure of its CEO, Adam Lang, a month ago.

Exacerbating Macquaire’s off-air woes are its on-air ones. As reported on B&T on Tuesday, star broadcaster Alan Jones’ ad revenues have plunged by half following his unsavoury tirade against the New Zealand prime minister, Jacinda Ardern, back in August.

 

 

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Staff Writers represent B&T's team of award-winning reporters. Here, you'll find articles crafted with industry experience spanning over 50 years. Our team of specialists brings together a wealth of knowledge and a commitment to delivering insightful, topical, and breaking news. With a deep understanding of advertising and media, our Staff Writers are dedicated to providing industry-leading analysis and reporting, both shaping the conversation and setting the benchmark for excellence.

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