Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Your podcast Camera Wrapped.
Speaker 2 (00:03):
What we haven't resolved was the beginning of a conversation
yesterday after we had an inside scoop from those who
are currently.
Speaker 1 (00:10):
Employed at Channel ten on the group chat.
Speaker 2 (00:13):
There is some chat internally that there is the possibility
of Paramount the new or the current owners.
Speaker 1 (00:19):
Of the ten network in Australia. Paramount, you know, they
make the movies in America.
Speaker 2 (00:23):
They're about to be bought by a mob and there
seem to be concerns by employees that financially the network
will decide or the newer owners may decide that they're
better off just turning the channel off, so we only
have seven and nine. As far as free to air
TV in Australia.
Speaker 1 (00:41):
Is concerned classed as well.
Speaker 2 (00:44):
I guess it's a government owned channel, but as far
as a commercial free to air.
Speaker 1 (00:48):
And Channel ten would continue to stream.
Speaker 2 (00:51):
Now this does sound pigh in the sky, But a
man who keeps an eye on these things and has
done his time at the networker over the year years
as well, is on the line TV black Box podcast
host and media commentator Rob McKnight.
Speaker 1 (01:06):
Do you think there's any validity to these rumors?
Speaker 3 (01:09):
Rob, Yeah, I think those employees have every right to
be concerned. And it's funny you guys would be too
young to remember, but once upon a time in Canberra
you really only had I think it was Capital and ABCTV,
and Capital became ten Capital and then we got seven
and nine. I used to work at Prime TV in Canberra.
Just for the record, but it's very soon we could
(01:34):
lose Channel ten. It's happening in mil Dura. So in
mil Dura they are literally turning off the signal to
the ten affiliated owned station which seven and win TV run.
They run it as a third channel. Well they reckon
they're not making money. They say they're losing money. In fact,
they're going to turn off the signal, which means ten
(01:54):
gets less money through affiliation fee. And those employees that
you're talking about when you broke that story, there is
a real concern that when Sony and Apollo buy Paramount,
which looks like it will happen, it looks like Sony
is specifically only interested in the movie content that Paramount has.
(02:16):
That means Paramount plus would go and the linear And
when I say linear, it's the ones you get over
your antenna. The free toware broadcast that Paramount Global currently
owns go by the wayside. Who would buy Channel ten.
Speaker 2 (02:32):
It's a stunning possibility. And I wonder if the answer
to that question is actually in Regional Australia. And I
suppose there's two things to think about. So Channel ten
don't necessarily own our Channel ten here that Southern Cross Osteria,
who are a fifty percent shareholder in this station. But
there are content supply agreements, so those Channel ten stations,
(02:54):
although I'm mortified to hear about mil Dura, those stations
could continue to take that Pannel ten content and they're
a local content quote as far as the amount of
local news and all ast sorts of things you need
to have if you're in canberraor non Metro Australia.
Speaker 1 (03:08):
But the Metropolitan Australia, this is stunning.
Speaker 2 (03:10):
Are you telling us they could go back to what
Regional Australia was decades ago and actually have less channels
than us.
Speaker 3 (03:18):
Yeah, it's quite extraordinary, it really is. The problem is
that the Canberra station relies on the affiliation from Channel ten,
so the content supply from ten, So Southern Cross off
Sterea don't do the deals with Paramount and CBS and
all those kind of players. To get the content, they
(03:38):
pay basically a rebroadcasting fee to Channel ten. But we
are you know, despite seeing Pie in the Sky stuff.
But Channel ten. Channelten's profit in their last reported year,
which was twenty twenty two, the calendar year, they only
made forty two million dollars and well to us they
must seem a lot in business terms, it was a
huge drop. They've had their lowest ratings ever last year,
(04:03):
they've had their lowest commercial revenue share, So that means
in the pie of advertising, seven and nine go gangbusters
and ten basically does very, very badly. There are warning
signs and they the reason they've just got rid of
The Mask Singer and The Bachelor is because it's just
(04:23):
not profitable to do this. The Mask Singer is a
short run show. The only reason The Bachelor has survived
in its bad ratings is because it was as I
revealed on TV black Box, it was a deal tied
into the Mass Singer. Warner Brothers, the production company said well,
if you want the Mark Singer, you've got to bring
you the Bachelor.
Speaker 2 (04:40):
Wow, I know that I tell you this, Sea read
TV black Box.
Speaker 1 (04:45):
Absolutely sorry.
Speaker 2 (04:47):
I was going to say we could chat about this
for some time, and the reality is we will because
this isn't the end of the story. We appreciate you
giving the update for the time being, but there are
a million more quests to come.
Speaker 1 (05:00):
I think we'll all keep a close eye on it.
Speaker 2 (05:02):
We'll hear about it on the TV Blocks, TV black
Box podcast, and we'll chat with you again.
Speaker 1 (05:08):
Rob McKnight. Thank you for the time today, mate.
Speaker 3 (05:10):
Oh pleasure anytime, guys, your podcast camera rapped
Your podcast Camera Wrapped.
Speaker 2 (00:03):
What we haven't resolved was the beginning of a conversation
yesterday after we had an inside scoop from those who
are currently.
Speaker 1 (00:10):
Employed at Channel ten on the group chat.
Speaker 2 (00:13):
There is some chat internally that there is the possibility
of Paramount the new or the current owners.
Speaker 1 (00:19):
Of the ten network in Australia. Paramount, you know, they
make the movies in America.
Speaker 2 (00:23):
They're about to be bought by a mob and there
seem to be concerns by employees that financially the network
will decide or the newer owners may decide that they're
better off just turning the channel off, so we only
have seven and nine. As far as free to air
TV in Australia.
Speaker 1 (00:41):
Is concerned classed as well.
Speaker 2 (00:44):
I guess it's a government owned channel, but as far
as a commercial free to air.
Speaker 1 (00:48):
And Channel ten would continue to stream.
Speaker 2 (00:51):
Now this does sound pigh in the sky, But a
man who keeps an eye on these things and has
done his time at the networker over the year years
as well, is on the line TV black Box podcast
host and media commentator Rob McKnight.
Speaker 1 (01:06):
Do you think there's any validity to these rumors?
Speaker 3 (01:09):
Rob, Yeah, I think those employees have every right to
be concerned. And it's funny you guys would be too
young to remember, but once upon a time in Canberra
you really only had I think it was Capital and ABCTV,
and Capital became ten Capital and then we got seven
and nine. I used to work at Prime TV in Canberra.
Just for the record, but it's very soon we could
(01:34):
lose Channel ten. It's happening in mil Dura. So in
mil Dura they are literally turning off the signal to
the ten affiliated owned station which seven and win TV run.
They run it as a third channel. Well they reckon
they're not making money. They say they're losing money. In fact,
they're going to turn off the signal, which means ten
(01:54):
gets less money through affiliation fee. And those employees that
you're talking about when you broke that story, there is
a real concern that when Sony and Apollo buy Paramount,
which looks like it will happen, it looks like Sony
is specifically only interested in the movie content that Paramount has.
(02:16):
That means Paramount plus would go and the linear And
when I say linear, it's the ones you get over
your antenna. The free toware broadcast that Paramount Global currently
owns go by the wayside. Who would buy Channel ten.
Speaker 2 (02:32):
It's a stunning possibility. And I wonder if the answer
to that question is actually in Regional Australia. And I
suppose there's two things to think about. So Channel ten
don't necessarily own our Channel ten here that Southern Cross Osteria,
who are a fifty percent shareholder in this station. But
there are content supply agreements, so those Channel ten stations,
(02:54):
although I'm mortified to hear about mil Dura, those stations
could continue to take that Pannel ten content and they're
a local content quote as far as the amount of
local news and all ast sorts of things you need
to have if you're in canberraor non Metro Australia.
Speaker 1 (03:08):
But the Metropolitan Australia, this is stunning.
Speaker 2 (03:10):
Are you telling us they could go back to what
Regional Australia was decades ago and actually have less channels
than us.
Speaker 3 (03:18):
Yeah, it's quite extraordinary, it really is. The problem is
that the Canberra station relies on the affiliation from Channel ten,
so the content supply from ten, So Southern Cross off
Sterea don't do the deals with Paramount and CBS and
all those kind of players. To get the content, they
(03:38):
pay basically a rebroadcasting fee to Channel ten. But we
are you know, despite seeing Pie in the Sky stuff.
But Channel ten. Channelten's profit in their last reported year,
which was twenty twenty two, the calendar year, they only
made forty two million dollars and well to us they
must seem a lot in business terms, it was a
huge drop. They've had their lowest ratings ever last year,
(04:03):
they've had their lowest commercial revenue share, So that means
in the pie of advertising, seven and nine go gangbusters
and ten basically does very, very badly. There are warning
signs and they the reason they've just got rid of
The Mask Singer and The Bachelor is because it's just
(04:23):
not profitable to do this. The Mask Singer is a
short run show. The only reason The Bachelor has survived
in its bad ratings is because it was as I
revealed on TV black Box, it was a deal tied
into the Mass Singer. Warner Brothers, the production company said well,
if you want the Mark Singer, you've got to bring
you the Bachelor.
Speaker 2 (04:40):
Wow, I know that I tell you this, Sea read
TV black Box.
Speaker 1 (04:45):
Absolutely sorry.
Speaker 2 (04:47):
I was going to say we could chat about this
for some time, and the reality is we will because
this isn't the end of the story. We appreciate you
giving the update for the time being, but there are
a million more quests to come.
Speaker 1 (05:00):
I think we'll all keep a close eye on it.
Speaker 2 (05:02):
We'll hear about it on the TV Blocks, TV black
Box podcast, and we'll chat with you again.
Speaker 1 (05:08):
Rob McKnight. Thank you for the time today, mate.
Speaker 3 (05:10):
Oh pleasure anytime, guys, your podcast camera rapped
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