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Patrick Frater Asia Bureau Chief Mike Sneesby has announced his resignation as CEO of Nine Entertainment, one of Australia’s largest media groups. The move follows months of turmoil including the passing of a staff no confidence motion against Sneesby and the group’s board of directors. Sneesby’s departure takes effect from the end of the month.

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Australian Media Groups Are Rocked by Job Cuts, Following Lapsed Meta Deal, Slowing Economy

Patrick Frater Asia Bureau Chief Nine Entertainment, Australia’s largest media conglomerate last week announced plans to cut 200 jobs. It blamed a weak advertising market and the non-renewal of a news content deal with Meta, the U.S. giant that operates Facebook and Instagram.

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Australia’s Stan Renews Lionsgate Content Supply Deal

Patrick Frater Asia Bureau Chief Stan, the Australian streaming service owned by Nine Entertainment, has renewed its content supply partnership with Lionsgate. The multi-year output agreement secures a slate of first-run premium scripted dramas from STARZ and Lionsgate and a new slate of theatrical films exclusive to Australian audiences. The agreement follows Stan’s renewal last year of a deal with Sony Pictures Television. Headlining the new shows expected to flow from the Lionsgate deal is espionage drama “Gray,” starring Patricia Clarkson (“Six Feet Under”), Nathalie Emmanuel (“Game of Thrones”) and Rupert Everett (“My Best Friend’s Wedding”) which is based on an original concept by bestselling novelist David Baldacci.

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Platforms Focus on Profitability in Australia, Asia-Pacific’s Most Mature Streaming Market, Says Study

Patrick Frater Asia Bureau Chief Disney+ and Amazon Prime Video compete for second position behind Netflix in Australia, the Asia-Pacific region’s most developed streaming market. But, increasingly, all premium SVOD suppliers are focusing on profitability rather than simple growth. A new report from consultancy and research firm Media Partners Asia, “Australia Online Video Consumer Insights & Analytics” shows that Australian consumers streamed 24 billion minutes of premium online video between January and August this year. SVOD platforms accounted for 70% of viewing time, while broadcaster-operated platforms (BVOD) claimed 30%. The numbers reflect a mixture of measured usage and a panel of viewers.

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Dreamchaser Australian Studio Signs Trio of Production-Talent Partnerships

Patrick Frater Asia Bureau ChiefDreamchaser, the Hugh Marks- and Carl Fennessy-headed venture which has ambitions to become a significant studio, has unveiled its first creative partnership agreements. It has attached a trio of leading producers in the factual and entertainment zones to multi-year development and production deals.Marks is the former head of Nine Entertainment, the TV group that swallowed Fairfax Media and took full ownership of local streamer Stan.

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Endeavor Content Pacts With Hugh Marks, Carl Fennessy to Launch Dreamchaser Australian Studio

Patrick Frater Asia Bureau ChiefEndeavor Content has given its backing to high-profile executives Hugh Marks and Carl Fennessy as they launch Dreamchaser. The new Sydney-based venture styles itself as Australia’s first full-service film and TV production and distribution studio.Marks is the former head of Nine Entertainment, the TV group that swallowed Fairfax Media and took full ownership of local streamer Stan.

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Endeavor Content Backs New Australian Production Company Dreamchaser From Endemol Shine Australia Co-Founder Carl Fennessy & Ex-Nine CEO Hugh Marks

EXCLUSIVE: Former Endemol Shine Australia co-founder Carl Fennessy and ex-Nine Entertainment CEO Hugh Marks have set up a major new Sydney-based production company and have scored backing from Endeavor Content.

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Details Regarding Nine Entertainment

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