Sky News boss gleeful at ‘death of Fairfax’

The recently installed CEO of Australian News Channel, Paul Whittaker, has said he was “gleeful” when it was announced Fairfax would be absorbed into Nine.

Whittaker also projected the Your Money joint venture between News Corp and Nine would be “smoother” than the impending joining of Nine and Fairfax.

Whittaker has recently taken over from ANC – the parent company of Sky News – CEO Angelos Frangopoulos, and was at the helm of News Corp’s The Australian when the Nine Fairfax deal was announced.

The headline of 27 July’s The Australian read ‘The day Fairfax died’.

Whittaker was ‘gleeful’ when writing the headline

“[The Your Money] deal obviously happened in the lead up to the proposed Nine Fairfax takeover, which gave me the opportunity while I was editing The Australian to write – gleefully – the headline ‘The day Fairfax died’,” Whittaker said at the launch party of Your Money last night.

“And to Hugh’s [Marks, CEO of Nine] credit, Nine have stuck with it as our partners and I hazard that this will be a smoother coupling than the one they are still yet to finalise.”

Whittaker was also optimistic about the benefits of the Nine Fairfax deal for Your Money.

“Obviously mathematics will come into it, which will be a good talking point for some of the experts on the Your Money channel to evaluate whether it’s a good deal or not.”

Whittaker: Not sad to see Fairfax go 

Your Money started broadcasting on the former Sky News Business and what was Nine’s free-to-air shopping channel, Channel 95, on 1 October.

It is a 24-hour business, personal finance and luxury lifestyle broadcaster, which runs out of News Corp’s Holt Street offices in Sydney.

Whittaker took over the helm of Sky News just last week.


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