Mumbrellacast: There’s a lot going on – Nine, Premium Content Alliance, HT&E, Ooh Media and WPP
Mumbrella’s outgoing co-founder and CEO, Martin Lane, makes a very special appearance on this week’s Mumbrellacast just one month out from moving on to his next project. Martin reveals the worst decision he made at Mumbrella, the process of building and selling businesses and how the media, marketing and advertising industries have changed over the past 11 years.
In news, the team breaks down the week in financial reporting. HT&E, Ooh Media, Prime and Nine all posted their results this week, and all reflected the tough market conditions they are facing. Lane reflects on the joys of being a CEO of a non-ASX listed company, and not having to publicly release financials and face the wrath of investors.
WPP AUNZ also released its financial report, alongside new CEO Jens Monsees’ strategic plan for the business. Does the holding group’s new digital focus mean redundancies? And just how much does Monsees have to do in 2020? (A lot).
And, off the back of the merger between Think TV and News Media Works, and its all-male board, the team has an insightful chat about gender diversity and representation at C-suite and board level. Martin and Vivienne reflect on a time Mumbrella was called out for a lack of gender diversity at an event and the various PR and optics issues around trying to get the balance right.
In the news
- Prime, Nine and the week in reporting (18:17)
- WPP restructures under new leader Jens Monsees (41:55)
- Think TV and News Media Works merge (48:14)
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