Villani takes co-lead and permanent COO role at Ten

Nov 04, 2020 at 07:47 pm by Staff


Jarrod Villani formerly with KordaMentha - the company that restructured Australia's Network Ten and took it through voluntary administration and sale - is to be co-lead of the resulting US-owned business, now ViacomCBS ANZ.

As chief operating and commercial officer, he joins chief content officer and executive vice president Beverley McGarvey in the joint role.

The company says the former Queensland head of restructuring and head of the Brisbane office brings "a wealth of experience specialising in organisational transformation, business stabilisation and sustainable growth" to the role.

McGarvey was promoted to the new role of chief content officer and executive vice president in March. Both report to Maria Kyriacou, president of VCNI's operations in Australia, Israel and the UK.

Chief sales officer of ViacomCBS ANZ Rod Prosser will work closely with the two while overseeing 10 ViacomCBS's sales team.

Kyriacou says Network 10 has performed "very well" this year.

"It is the only commercial network growing its audience and it has also recorded its highest commercial shares in key demographics since 2011."

Changes have included the launch of 10 Shake, while10 Play is experiencing "its biggest ever" digital audience and the MTV and Nickelodeon channels have also grown their share.

"We will continue to build on that momentum," she says.

Next year 10 will launch premium SVOD service Paramount + while growing our existing linear and subscription broadcast and digital assets. Kyriacou says Villani has worked closely with the team throughout this year and on a project basis in the past, "and we are thrilled to have him join us on a permanent basis".

KordaMentha was appointed voluntary administrators of Ten in June 2017, and the same to CBS was completed that November, with secured creditors - including shareholder guarantors - repaid and "key content providers" who remained with Ten and ongoing trade creditors getting 100 cents in the dollar.

Sections: Digital business

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