Published: August 19, 2019
James Warburton to seek mergers while continuing to slash costs at Seven West Media
The new Seven West Media chief executive, James Warburton, is pinning his hopes on entrepreneurial thinking to turn around the ailing media group, saying he will shake up some of the company’s “tired” television shows and look for mergers and acquisitions at the same time as continuing to slash costs.
On Tuesday Warburton, who became CEO five days ago after the sudden and unexplained exit of Tim Worner, repeatedly said all options were on the table to fix the mess at Seven, refusing to rule out going back to shareholders for a cash injection or a merger with Rupert Murdoch’s News Corp.
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