MediaWorks is cutting its radio staff numbers despite being the biggest beneficiary of the Government’s media support package, but, as Mark Jennings writes, it has spared its struggling TV arm – at least for now.
MediaWorks is taking the blade to its profitable radio operation and its outdoor advertising company, QMS.
CEO Michael Anderson spoke to staff via a video link on Monday morning and broke the news that 130 “friends and colleagues” would be leaving the business.
By pulling out of local productions such as Dancing with the Stars (DWTS) and The Block, the network is starting to look dangerously short of prime-time programming as the winter.