Boss of Stan streaming service will take over from outgoing CEO Hugh Marks in April
Nine Entertainment, the publisher of legacy newspaper brands the Age and the
Sydney Morning Herald, has chosen the digital media executive Mike Sneesby to run the company, signalling the dominance of the television side of the business.
The chairman of Nine Entertainment, the former Liberal treasurer Peter Costello, said Sneesby stood out among contenders for his strong leadership of the company’s “enormously successful” streaming service Stan, which he took from startup in 2014 to a market evaluation of $1bn, with 2.3 million subscribers.