Seven’s Melbourne headquarters at Etihad Stadium, Docklands has been bought by government authority, Development Victoria under a plan to redevelop the AFL-owned stadium.
The government paid $100m for the Etihad building and plans to develop the stadium to the Docklands waterfront. It will provide land for AFL House at the western end of Docklands Drive, opposite Docklands Studios, and in the shadow of the Bolte Bridge.
A Seven spokesperson said, “Seven is a long standing tenant of the Melbourne Broadcast Centre. We understand NRMA is negotiating to sell the head lease but our occupancy (which contains several options) is not affected.”
The news follows recent confirmation news broken by TV Tonight that Seven West Media and Nine Entertainment Co. have entered into an exclusive arrangement to form a Sydney-based joint venture for the playout operations of the two organisations.
Around 150 staff at Broadcast Centre Melbourne were told by Seven management in February that most of their jobs would will be outsourced by 2019.
The current building, which has been Seven’s base since 2002, includes two studios for news and sport, plus administration / sales offices.