Execs go as part of Paramount ANZ restructure
A restructure of streaming division, leads to several 10 execs let go -including one at 37 years.
- Published by David Knox
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Paramount Australia / NZ has restructured its streaming division as part of a ‘globalising’ of operations, which has led to a number of execs departing, including one who has been with the company for 37 years.
The AFR reports Liz Baldwin, senior vice president and head of streaming at Paramount ANZ, will depart along with Jean Jenkins, vice president of marketing at Network 10 and Frank Filosi, vice president of operations and Adelaide general manager.
The Sydney Morning Herald adds that Network 10’s vice president of marketing, Jean Jenkins is included in around eight positions affected, including a role in sales.
Ms Baldwin (pictured top) joined Network 10 in 2015. In a note to staff she was thanked along with Frank Filosi (below) for his 37 years with the company.
“Liz was instrumental in positioning Paramount Plus in the Australian market for its launch, now the fastest growing SVOD service in Australia, and its ongoing success,” a spokesperson said.
“Frank’s contribution to the company, to countless careers and to the industry is impossible to overstate. His unwavering enthusiasm, professionalism and committed leadership has been instrumental in South Australia, not to mention nationally.”
The changes see Beverley McGarvey appointed as head of Paramount+ in Australia, while Jarrod Villani will be Australia’s regional lead and report into Paramount’s international markets council.
Both will continue their roles as co-executive vice presidents, chief creative officer and chief operating officer respectively.
Within Paramount, Australia has been part of a “cluster” with the UK, Israel and Canada, led by international markets CEO Pamela Kaufman and international broadcast and studios president Maria Kyriacou, who will both visit Australia later this month.
Advertising-funded video on-demand service Pluto TV is also set to launch in Australia. The platform had 72 million monthly active users around the world in October 2022,
Network 10 is due to file its 2021 financial report soon which is expected to show circa $100 million in underlying earnings for the calendar year.
8 Responses
Quite unbelievable. How the hell does Channel ten exist and remain relevant in this media landscape. So un-Australian and the audience knows this. Thank God I left the company when I did. Sad, it was such a great place to work once and those still there when I was there would remember the days I am talking about.
It’s pretty much official that 10 is now nothing more than a line on a page of a global behemoth company. Paramount ANZ: a streaming entertainment company lumbered with a free to air network. Very sad to see 10 seemingly lose any independence to make their own decisions for our humble little part of the world, and now just middle men and women to filter down the decisions made elsewhere.
circa $100 million in underlying earnings for calendar year 2022?
I’d be surprised if there is any profit – more likely losses due to poor ratings of key programs (Ten’s primary channel share is just dire on most nights), no marquee sports broadcasts, along with weak advertising market.
Get ready to be surprised.
I am surprised some of the people in charge of what goes to air still have jobs!
$330m somehow. Must have been the Project or Bachelor 🫠
I often wonder if Paramount will sell this off when all the Sports rights they have expire,that’ll be the A League and Melb Cup and Basketball as they’ll never have any big Sport as they are locked in till 2030 basically on 7 9 and Foxtel.
CBS was lumbered with 10 as they were owed $800m when it went into administration.
Changes since them seem merely to make it a conduit for Paramount+ where the real money is made.