Sky News boss admits they have ‘ripped the costs’ out of broadcasting

Angelos Frangopoulos (on screen) with Parry Ravindranathan (left), Sompan Charumilinda (right middle) and Adam Najberg

Angelos Frangopoulos (on screen) with Parry Ravindranathan (left), Sompan Charumilinda (right middle) and Adam Najberg

CEO of the Australian News Channel Angelos Frangopoulos has told a conference in Hong Kong how the broadcaster has “ripped the costs” out of its broadcasting operations by having journalists cut their own stories and employing a minimal number of editors.

“We don’t have many editors. Journalists cut their own stories and operate the studio control rooms,” Frangopoulos told the room. “It looks like a traditional broadcast studio, but we’ve the ripped costs out of it. Every single person we employ has to be journalist or a content maker of some kind. This approach is the equaliser against the startups.”

The news boss made the comments at a session at the CASBAA pay-TV conference yesterday, in Hong Kong, on how the creators of the 24-hour news cycle – rolling news channels – can maintain their edge in the age of “always now”.

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