Nine’s chief finance and strategy officer, Matt Stanton, has joined the Domain board.
He joins as a non-executive and non-independent director, effective today, and will continue his role at Nine alongside the Domain directorship. Nine is Domain’s majority shareholder, leading to Stanton’s non-independent director status.
The board said Stanton has “strong experience leading financial, transformation, and growth areas across a range of sectors.” Before he joined Nine in 2022, he was CEO of Barambah Organics, chief transformation officer at Woolworths, and CEO of Bauer Media, now known as Are Media.
“We look forward to working with him and having his expertise on the Domain board,” said Domain chair Nick Falloon.
Last year, Stanton spoke to Mediaweek about securing the rights to the Paralympics, and how the process differed to that of nabbing the Olympics rights.
“The way the process works is that they’re two different rights from two different bodies, so you’ve got to negotiate one before you go through the process with the other. It’s a bit of a strange process, but we were very keen as an organisation to secure both those rights.”
Nine has the Olympics locked until 2032 in Brisbane, but the Paralympics rights have only been secured for Paris 2024.
“We did the deal directly with the IOC for the Olympics, which was for a 10-year package including Brisbane, whereas we did this deal with the Australian Paralympic Committee [APC]. They bought the rights from the International Paralympic Committee [IPC] and were on-selling them, and they only had the Paris rights to sell.”
This week, Nine marked 100 days until the Paris 2024 Opening Ceremony by revealing its coverage plans for the Olympics. 9Now will have a new look and interface, Nine will launch five documentaries following various Olympics teams and athletes, and the team told media it will be the “biggest undertaking in the history of Nine” to create the “greatest Games of all time”.