Latest news with #CraigHutchison
News.com.au
2 days ago
- Business
- News.com.au
Craig Hutchison's rise from Footy Show bombing to media mogul
2017 was a big year for media mogul Craig Hutchison. Not only did he become the owner of a radio station, he also took over as the lead host of the iconic The Footy Show, thanks to James Brayshaw's contract war with Channel Nine. Garry Lyon had already left the show in 2016 and Hutchison had been the host of the Sunday Footy Show and Footy Classified and was one of the most high-profile choices available in Nine's stable. 'Hutchy' was following in the footsteps of one of his idols in Eddie McGuire — taking the hot seat on one of the country's longest-running shows. But the revamped version of the Thursday night staple bombed, and Hutchison was outed in July that year and McGuire back in the hosting chair, a stinging blow. 'To me Eddie McGuire was where he wanted to be, he modelled himself on Eddie,' Hutchison's former colleague at the Herald Sun, Jon Anderson, said. The final straw was Hutchison's co-star Sam Newman delivering a silent protest after being muzzled by the network on certain topics. 'I've always been one of those polarising guys,' Hutchison said on SEN radio the day after his Footy Show sacking. That blow may have however, helped create a media empire, as Hutchison expanded his SEN horizons, bringing on massive names across the country including Matty Johns in Sydney, Ian Healy in Brisbane, Adam Gilchrist in Perth and Garry Lyon and Tim Watson in Melbourne. But the rise of SEN hasn't always been linear, with Sports Entertainment Group losing $9.2 million in a year and racing against a deadline to pay a $28 million Commonwealth Bank loan in late 2023. Hutchison had been in preliminary meetings about selling the company before a buyer appeared for his NBL team, the Perth Wildcats. The deal valued the Wildcats at $40m, with $21 million paid in August 2024, another $15m in to be paid in June 2026 and a final $4 million in June 2028, which wiped out the debt that may have crippled his company. Hutchison is still in the hosting chair however, leading the way in Channel 7's revamped football coverage as the host of The Agenda Setters on Monday nights. The move from Nine to Seven was not without creating some headlines, as Hutchison took with him the opinionated Kane Cornes and his long-time friend Caroline Wilson to spearhead a new era. Wilson, who is one of the few people to call him Craig, often drove Hutchison home after filming Footy Classified each week for 17 years. But that close friendship hasn't held the two back from their own on-air frost on set, with the two arguing about a joke Wilson recently made about Hutchison's brutal axing of talent at RSN.
Yahoo
22-07-2025
- Business
- Yahoo
Taseko Mines (TGB) Price Target Hiked on positive Section 232 Tariffs Impact Prospects
Taseko Mines Ltd. (NYSE:TGB) is one of the best high-return penny stocks to buy now. On July 16, analysts at TD Securities increased their price target for the stock to C$5 from C$3.50 but downgraded the rating to 'Hold' from 'Buy'. Taseko Mines (TGB) Price Target Hiked on positive Section 232 Tariffs Impact Prospects A large open-pit copper mine with heavy machinery extracting minerals from the earth. The adjustment came amid valuation concerns, as the stock was trading at 1.3 times net asset value and 5.7 times estimated 2026 EBITDA. According to the analyst Craig Hutchison, the stock is fully valued, even as they expect the stock price to increase. In addition, analysts expect Taseko mine valuations to receive a significant boost if Section 232 tariffs take effect, given the potential positive impact on the Taseko Florence project. Taseko Mines Ltd. (NYSE:TGB) is a North American mining company focused on the operation and development of copper mines. It owns and operates the Gibraltar Mine, a large copper and molybdenum mine located in British Columbia. It's also developing the Florence Copper project in Arizona, which uses a unique in-situ recovery method. While we acknowledge the potential of TGB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Chemical Stocks to Buy According to Billionaires and 7 Most Undervalued Pot Stocks To Buy According To Analysts. Disclosure: None. This article is originally published at Insider Monkey.
News.com.au
22-07-2025
- Entertainment
- News.com.au
Caroline Wilson tells Hutchy to ‘grow up' in shock spray live on-air
Caroline Wilson bluntly told Craig Hutchison to 'grow up' during a feisty spat live on Channel 7. Hutchison, Wilson, Kane Cornes and Nick Riewoldt front The Agenda Setters on the network and the two footy greats sat silently while the media identities got into a squabble over one of Hutchy's recent business moves. FOX FOOTY, available on Kayo Sports, is the only place to watch every match of every round in the 2025 Toyota AFL Premiership Season LIVE in 4K, with no ad-breaks during play. New to Kayo? Join now and get your first month for just $1. The pre-planned segment, which Hutchison clearly did not know was going to happen, related to the media mogul's awkward appearance on radio network RSN last week after he announced a raft of sackings at the station. Earlier this month, the TV host's SEN group purchased RSN in a $3.25 million deal and immediately set about cutting costs, including giving popular hosts Daniel Harford and Michael Felgate the flick. Watch the Hutchy-Caro exchange in the video player above Many long-time listeners of the station only learned the news when Hutchison fronted Felgate's Racing Pulse show last Thursday. So Wilson took the opportunity to make a cheeky plea over her own future on the Channel 7 show. Set up by Riewoldt in a section called The Spill, the former St Kilda captain put the vague question to Wilson: 'The hour on air of the Agenda Setters is the highest risk of all.' The long-time Age reporter replied: 'Well, certainly if you're on air with Craig Hutchison. 'This is no respect, disrespect I should say, to Michael Felgate or Daniel Harford for that matter. 'But if you're going to remove me from the show, can you please not do it with me on-air?' Wilson delivered the jab with a straight face and Hutchison did not take it well. 'This is not something to joke about,' he shot back. When Wilson said 'I'm not joking about it', Hutchy said: 'No, that's incredibly disrespectful and disappointing. That story is incorrect. It didn't happen.' Wilson, clearly surprised by Hutchison's reaction, stuck to her guns. 'Oh, don't. Craig, you walked into the studio, I know Michael Felgate already knew that his show would no longer be continuing,' she said. 'But if you're going to do it to me, I would rather it happen behind the scenes and not on air.' With Hutchison's production company directly involved in The Agenda Setters, perhaps Wilson just signed her own papers? Watch this space. But Hutchy wasn't taking the shot lying down. 'There was a press release the day before and there was a mature, two-way conversation on-air and you're making light of it, which is disappointing,' a seemingly hurt Hutchy replied. Wilson then had the last word, scoffing as she said: 'Oh, grow up.' Cornes and Riewoldt then did their best to keep the show moving, moving onto a story about Travis Boak and his habits in the bedroom the night before a game. Somehow, that topic was nowhere near as awkward as the exchange between the old journalists. In a bizarre segment last week, Felgate had the opportunity to grill Hutchison about why he was losing his job, with the latter doing his best to stress it wasn't a personal decision. Felgate began the interview asking: 'I've got to start with the elephant in the room. An announcement yesterday which came out that there will be programming changes. ' Breakfast with Harf and this show, Racing Pulse, will no longer exist in the new regime. 'Just talk us through the reasoning. Why you don't want Breakfast with Harf and Racing Pulse on the new station?' Hutchison responded: 'First of all they're magnificent shows, so no disrespect at all to the quality of the programs and the identities involved, you in particular Michael and Daniel, who have been incredible servants of RSN. 'There's nothing personal about (cancelling) either of those programs … we need to invest, over time, into the racing product, it's a racing station. 'It's a different audience to the one that we have developed over on SEN Track, very different audience, very different experience, they don't really resemble each other after midday.' He went on to say: 'I know that won't be everyone's cup of tea on day one. 'You (Felgate) have got an enormous following, so does Daniel. The default position from many will be to have empathy for those programs and I respect that hugely. Hugely, because it's not about the quality of the shows.' Harford, who has been an icon of the network, said on his show last Thursday it had been 'a period of uncertainty' for those involved. 'So at the end of August this program will cease to exist,' he said. 'We'll be no longer required and there will be different programming on RSN which is very sad. 'We've been doing this for a long time, which is very sad. We've had a lot of conversations about this internally for a little while. 'Certainly in the last couple of days when we found out what was going to be happening. 'So that's the reality of our situation.' The Hutchison-led group announced RSN will double dip from the Hutchison-backed SEN network and will broadcast SEN Breakfast. SEN's flagship breakfast slot, whish is shared between Cornes, David King, Tim Watson and Garry Lyon, will now be broadcast on two frequencies. Felgate's Racing Pulse will be replaced by Gareth Hall's Giddy Up.
News.com.au
18-07-2025
- Business
- News.com.au
Listeners hear media icon axed on air as AFL host cleans out station
Media mogul Craig Hutchison has been grilled live on air just seconds after listeners learned of a mass clean out at a popular radio network. Hutchison on Thursday announced sweeping changes to Melbourne network RSN just days after the TV host's group purchased the radio station in a $3.25 million deal. FOX FOOTY, available on Kayo Sports, is the only place to watch every match of every round in the 2025 Toyota AFL Premiership Season LIVE in 4K, with no ad-breaks during play. New to Kayo? Join now and get your first month for just $1. The former Footy Show host returned to his old network with an axe in hand, giving popular hosts Daniel Harford and Michael Felgate the chop. Many long-time listeners of the station only learned the news when Hutchison fronted Felgate's Racing Pulse show on Thursday. In a bizarre segment, Felgate had the opportunity to grill the Agenda Setters producer about why he was losing his job. Hutchison responded to Felgate by saying the decision was not personal. Felgate began in interview asking: 'I've got to start with the elephant in the room. 'An announcement yesterday which came out that there will be programming changes. Breakfast with Harf and this show, Racing Pulse, will no longer exist in the new regime. 'Just talk us through the reasoning. Why you don't want Breakfast with Harf and Racing Pulse on the new station.' Hutchison responded: 'First of all they're magnificent shows, so no disrespect at all to the quality of the programs and the identities involved, you in particular Michael and Daniel, who have been incredible servants of RSN. 'There's nothing personal about (cancelling) either of those programs... we need to invest, over time, into the racing product, it's a racing station. 'It's a different audience to the one that we have developed over on SEN Track, very different audience, very different experience, they don't really resemble each other after midday.' He went on to say: 'I know that won't be everyone's cup of tea on day one. 'You (Felgate) have got an enormous following, so does Daniel. The default position from many will be to have empathy for those programs and I respect that hugely. Hugely, because it's not about the quality of the shows.' Harford, who has been an icon of the network, said on his Thursday show it had been 'a period of uncertainty' for those involved. 'So at the end of August this program will cease to exist,' he said. 'We'll be no longer required and there will be different programming on RSN which is very sad. 'We've been doing this for a long time, which is very sad. We've had a lot of conversations about this internally for a little while. Certainly in the last couple of days when we found out what was going to be happening. 'So that's the reality of our situation.' The Hutchison-led group have announced RSN will double dip from the Hutchison-backed SEN network and will broadcast SEN Breakfast. SEN's flagship breakfast slot, whish is shared between Kane Cornes, David King, Tim Watson and Garry Lyon, will now be broadcast on two frequencies. Felgate's Racing Pulse will be replaced by Gareth Hall's Giddy Up. Those changes will be made from August 29. Harford posted on X on Thursday: 'Forgive my indulgence. I just wanted to express my immense gratitude for the amazing messages & love that I, our brekky team, have received today after the changes announced at RSN927. 'We're not signing off yet, though. There's still 31 shows to go.' Harford has been with the network for nine years. Speaking on Felgate's show, Hutchison kept the door open to work on different projects with the sacked duo down the track. Harford played 162 senior games during his playing career with Hawthorn and Carlton before his retirement in 2004.
Sydney Morning Herald
08-07-2025
- Business
- Sydney Morning Herald
Craig Hutchison gears up for $3.2m racing expansion
Craig Hutchison has announced his company will become the only dedicated broadcaster of racing in Victoria after acquiring the brand, audio and broadcasting assets of radio station RSN Racing and Sport. The $3.25 million acquisition of RSN, owned by Racing Victoria, by Hutchison's Sports Entertainment Group (SEG) was announced on Tuesday. The deal will be funded by the company's cash reserves and is expected to be completed by September 1. 'This acquisition allows us to bring our unique approach to a broader audience and amplify all three codes of Victorian racing,' Hutchison said in the ASX announcement. 'RSN celebrates its 100th anniversary this year and is an institution in Melbourne's radio, racing and sports history. We look forward to respecting and protecting that legacy while moving RSN forward into an exciting new era.' SEG will still operate RSN, and its own network SEN Track, on their existing frequencies, but the announcement said both brands would benefit from SEG's 'broader audio and digital ecosystem'. Some RSN programming will simultaneously be cast on Racing insiders, not authorised to speak publicly, said there could be changes to RSN's staff once Hutchison's SEG takes control of the company later this year. A Racing Victoria statement said Hutchison's group was committed to live coverage and analysis of Victorian thoroughbred, harness and greyhound racing on the 927 frequency. 'SEN has advised that it may make some changes to RSN programming, with further updates to be provided in due course,' the statement said. RSN's regular slots include midweek breakfast programs hosted by Daniel Harford and Michael Felgate, as well as roaming race day updates from industry veteran Andrew Bensley. Hutchison's takeover would also allow for the sharing of content across both stations such as SEN Breakfast with Garry Lyon and Tim Watson or Giddyup with Gareth Hall.
