After the sale of ACP Magazines to Bauer Media Group this week there have been some questions over how this will affect the Logie Awards.
The Logies will be wholly owned by Bauer Media subject to the ACP sale approved by the Foreign Investment Board.
Today the Daily Telegraph speculates that the 50+ year event is in doubt. A Bauer spokeswoman told the newspaper last night, the company “could not guarantee the future of anything in our business”. A Nine insider tells the newspaper conceded Bauer “could scrap it” once the sale has been approved.
Nine declined to comment when asked by TV Tonight on Tuesday night, but today the publisher of TV Week magazine, Peter Holder, told Mediaweek: “It truly astounds me that media writers who indulge in the annual ritual of tearing down the TV Week Logies somehow reserve the right to fabricate a story that the awards are to be scrapped before delivering a sense of outrage. The stories that have appeared in regards to the TV Week Logies are categorically false, not to mention wildly inaccurate, and had anyone bothered to check I could have told them that. There are no plans to scrap the TV Week Logies. They will go ahead as planned in 2013 and beyond, and will be presented by the Nine Network.”
Nine is understood to be 1 year into a 10 year contract to broadcast the Logies, and the event has secured a 5 year deal with Crown.
What changes Bauer may consider for the voting, presentation, revenue model and beyond is unclear. Presumably right now there are none.
TV Tonight also sent enquiries to TV Week publishers on Tuesday night.