Warburton looks beyond Masterchef. We're glad freshly minted Channel 10 boss James Warburton has pointed out the obvious: the network can't rely on one program alone to bolster its overall ratings – no matter how many hours of television a week that show manages to serve up.
"We're moving away from the one bet, one punch mentality," Warburton said yesterday upon delivering the network's woeful first-half results. While Masterchef's been an advertising bonanza for the network, Warburton said his new strategy will see Ten broadcasting a more diverse range of high-rating programs.
Still, Ten's sticking to the reality TV script. It's relying on a number of "big formats" to take on its rivals, including the highly original areas of dating, talent and ... more cooking.
With the new strategy working in conjunction with the previously announced line-up of new shows like The Shire and Being Lara Bingle starting in May, what can possibly go wrong?
Ken 'everywhere' Henry gets new post. Former treasury secretary Ken Henry is rivalling David Gonski when it comes to the number of responsibilities he's been taking on of late.
In the last year alone, Henry's taken up a gig advising the PM on economics, a directorship at NAB and the leadership on a new white paper, Australia in the Asian Century.
This week, he's got something new altogether, having been appointed executive chair of the Australian National University's Institute of Public Policy, the country's answer to Harvard University's Kennedy School of Government – at least according to ANU.
The ex-Treasury boss hopes the IPP (an acronym that's destined to be confused with another, the IPA) will help better inform economic debate in Australia, particularly when it comes to the rise of China and India.
James Packer gets another 2%. While ex-employees of The Star casino operator Echo have been offering plenty of fodder for the tabloids this week, James Packer's been quietly upping his stake in casino operators, Crown Ltd.
Packer purchased himself another 2% stake via a $132.8 million share grab in the operator, taking him beyond the 48% ownership mark. The move puts Packer one step closer to reclaiming the casino group. He also has a 10% stake in Echo.