David Gyngell

Nine’s digital chief CEO exits

Nine Network’s digital business Mi9 has appointed a managing director after the departure of its CEO for an emerging Australian video-on-demand group. Current chief executive Mark Britt (pictured) is leaving Mi9 as the digital arm of the Australian broadcaster restructures in response to “an ever-developing environment within the company”. Britt is thought to be leaving […]

No criminal charges for Gyngell, Packer after fight

Nine Network CEO David Gyngell and media tycoon James Packer have both been fined A$500 (US$468) over their street fight in Sydney, Australia, late last week. They have been served with infringement notices, but neither will face further police charges or be convicted of a crime. Gyngell and Packer shocked Australia by squaring off in […]

Aussie TV heavyweights in Sydney fist-fight drama

The CEO of Australian commercial channel Nine and media mogul James Packer have been caught on camera fist-fighting outside the latter’s Sydney home. Nine’s David Gyngell (pictured) and Packer, son of the late Kerry Packer, were snapped in a brawl in the Bondi area of Sydney. The pair were eventually separated by Packer’s bodyguards, according […]

IPO values Nine parent at $1.7bn

Australian broadcaster Nine Network’s parent will join the Australian Stock Exchange on Friday, with its market capitalisation touching nearly A$2bn (US$1.8bn). Nine Entertainment Company has unveiled the initial float, which values its shares at A$2.05 each and the firm at an overall A$1.92bn (US$1.74bn). This figures represents 8.3 times Nine’s full year 2014 EBITDA. Nine […]

Australia’s Nine details A$2 billion IPO

Australian media and broadcast group Nine Entertainment has issued a prospectus ahead of an IPO and listing on the Australian Securities Exchange, which values the company at about A$2 billion (US$1.9 billion). Nine Entertainment comprises the Nine Network free-to-air broadcasting operation, Nine Digital and Ventures, which incorporates the Mi9 digital service (fka ninemsn) and Nine […]

Former Ten boss Mott to run new Nine net

Australia’s Nine Network has hired the former programming chief David Mott of Ten Network to run its new Perth affiliate net. Nine today announced terms had been agreed with WIN to take control of STW Perth (Channel Nine Perth) on September 30 for an undisclosed amount, likely in hundreds of millions of dollars, and concurrently […]

Nine Network boss steps down

The managing director of Australia’s Nine Network is stepping down. Jeffrey Browne is exiting the broadcaster after seven years, Nine Entertainment CEO David Gyngell announced. He will move to a part-time role as executive director, commercial of Nine Entertainment. “Jeff’s made the call after seven terrific years at the top of the Network – the time […]