Foxtel boss joins TEN board

New Foxtel CEO Peter Tonagh will join the TEN Board, taking the Foxtel chair vacated by former boss Richard Freudenstein.

Foxtel owns 13.8 per cent of TEN after it injected $77 million into the free-to-air TV business in November.

He also resigns as a News Corp nominee from the digital real estate classified group REA board.

Richard Freudenstein announced that he would stand down from Foxtel after four-and-a-half years to pursue other interests.

Source: The Australian