The following media release was sent out yesterday (Sunday) afternoon:

The Nine Network announced today Paul Waldren had resigned as the Managing Director of Channel Nine Melbourne.

But Nine’s long standing relationship with Mr Waldren will continue, utilising his expertise as a consultant to the Network.

Mr Waldren will remain with Nine until a replacement is found - a process that is already underway.

“Paul has contributed so much to the Nine Network over the last 20 years and he will continue to be a force at Nine as a consultant on many levels,” said Mr Eddie McGuire, Nine Network CEO.

“It’s a fitting departure for Paul, as Nine Melbourne celebrates winning the ratings year, claiming 22 consecutive weekly wins for 2006. I thank Paul for his commitment and drive to ensure Nine is still the one. I am delighted we will be able to draw on his expertise moving forward.”

Mr Waldren said: “My time at Nine has been the greatest opportunity of my business life, one that has given me the opportunity to work alongside some of the greats in the television and media industry. I look forward to the next chapter and continuing to make a contribution to the best television and media company in Australia.”

Sunday, August 27, 2006

It’s interesting to see, I think, that no reason has been given for the split. Obviously it’s amicable with Waldren continuing on and being quoted in the release itself. Still, questions remain as to what would make someone leave a job they so obviously enjoy during such a difficult time at an organisation.

Sure, they spin it as 22 consecutive wins, but the victories have not been nearly as convincing this year as they have in the past.