Nine CEO calls in Karl, at a cut price

Original article by Nick Tabakoff
The Australian – Page: 1 & 8 : 7-Nov-19

Nine Entertainment Company CEO Hugh Marks has flagged the possibility of Karl Stefanovic returning as co-host of the "Today" breakfast show in 2020. Stefanovic remains contracted to Nine for another year, on an annual salary of more than $2m, having been sacked from "Today" in late 2018. However, Marks says Stefanovic would have to agree to a significant pay cut if he were to return to the show he co-hosted for 14 years. The ratings for "Today" recently fell to a record low of 155,000 across the five major capital cities.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED

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