TV & Radio

Jun 14, 2017

Who really killed Channel Ten?

Is Nick Falloon really to blame for the death spiral of Channel Ten?

Glenn Dyer — <em>Crikey</em> business and media commentator

Glenn Dyer

Crikey business and media commentator

The board of the embattled Ten Network has met again today, and the company is being put into voluntary administration. There won't be a rose-coloured view of how Ten got to this position on the conflicted five-person board (with only two independent directors). In a moment's candour all would agree the problems go back years.

In a statement to the ASX just after 11.30am, Ten directors announced the decision and said Korda Mentha, the Melbourne-based accounting group had been appointed as voluntary administrators of the company and each of its subsidiaries.

Free Trial

You've hit members-only content.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’s terms and conditions


Leave a comment

9 thoughts on “Who really killed Channel Ten?

  1. klewso

    I told him not to play with Rupert……

  2. Who really killed Channel Ten?  – All-Latest-News

    […] post Who really killed Channel Ten?  appeared first on […]

  3. bref

    Interesting, several billionaires kept Ten afloat while lobbyists worked on getting the ownership rules changed, so now having pulled their support, Murdoch only has to wait for receivership to pick the whole thing up for a song. They all gain by having an ultra right, pro-corporate propaganda mouthpiece not just in print and radio, but now in free to air TV as well.

    1. bref

      My bad, just heard on news that the ownership rules haven’t changed yet, but I don’t doubt that with this sycophantic lot it will happen.

    2. The hood

      Yes the goss is that the Billionairses half brought the food and prospective team leaders as a plethintic

    3. bref

      And lo, it came to pass. Murdoch is now in control of Ten.

  4. AR

    Great, Sky and Faux News on terrestrial TV, just what this democracy needs.
    The final nail?

    1. klewso

      A veritable “Blot on the Political Landscape” – serving Limited News Party ends.

  5. Cut Snake

    How to wreck a business, or lose some of daddy’s money in investing in others – let lachlan ‘lucky sperm’ murdoch have a go.

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details