News

Foxtel executive Deanne Weir departs

Deanne Weir, Foxtel’s executive director of channel aggregation and wholesale, will leave the company after just over a year.

The experienced media executive joined Foxtel in June last year, returning to the pay-TV industry four years after her departure from Austar.

In her role with Foxtel, Weir was responsible for managing the company’s relationship with third-party content providers, turning content into “value-for-money packages” for Australians, and ensuring new opportunities for advertisers.

She is also chair of Ai-Media, Hoodlum, Sydney Film Festival, Australian Women Donors Network and WE Magazines.

Weir was the first senior hire by Peter Tonagh, Foxtel’s CEO, who joined in March last year.

According to The Australian Financial Review, Weir’s responsibilities will be absorbed by director of television, Brian Walsh, and the wholesale responsibilities will be taken up by director of IT transformation, Stephen Butler.

It comes two weeks after Telstra and News Corp confirmed Fox Sports and Foxtel would merge into a “premium sports and entertainment company”.

The plan is to complete the deal by the first half of 2018.

News Corp’s annual financial results saw a $227m write down of the company’s share in Foxtel.

Telstra and News Corp both own 50% of Foxtel, while Fox Sports is 100% owned by News Corp.

The merger will reduce Telstra’s stake to 35%, while News Corp will increase its stake to 65%.

Foxtel confirmed the departure of Weir. According to the AFR, she is set to finish this month.

ADVERTISEMENT

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.