Nine rejects reports of Matt James defection to Yahoo!7

MattSources at the Nine Entertainment have dismissed reports that newly promoted group director of the company’s creative division Powered Matt James may defect to run the operations of rival Yahoo!7.

The speculation, in today’s Australian Financial Review, comes after the sudden resignation of Stuart Sayers as CEO of the digital joint venture between Seven West Media and Yahoo!7 earlier this month.

“It’s laughable, Matt James is an excellent executive who was only just promoted,” said a Nine source.

James was previously the managing director of media at Mi9 but was promoted ten days ago to head an expanded creative services division Powered by Nine, where he is to oversee the broader business and help build its digital capacity.

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