As you may have seen reported in the news Network Ten has gone into voluntary administration. The Network has a $200 million loan that will no longer be garenteed by two of it’s share holders.
What does this mean for it’s regional affiliates?
There are reports that Ten plans to operate as normally as possible. If this occurs, not much will change for the affiliates – Win and TDT Tasmania. If not, Win will have to find another source of programming. TDT is also affiliated with Seven so it may ditch the Ten affiliation altogether.
Win currently broadcasts a local news bulletins into each of it’s coverage areas. It also produces a national news bulletin with stories from the local bulletins.
As you can imagine I’m in two minds on this. It’s clearly a bad thing as people may lose their jobs. But it also put’s me in a position where I may be supplying content to Win. If I had it my way, the employees of Ten would keep their jobs and I would be supplying programming to Win.
If you’ve read the last paragraph and gone ‘what the?’ I produce sports coverage over on the PattmanSport Youtube channel. This includes the above video.
Ten says it’s well on it’s way to raising the money through reduced broadcast licence fees and cheaper content deals. It may survive this, it may not.