WEBVTT - Kyle and Jackie O are on the same side now 

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<v Speaker 1>From The Australian. Here's what's on the front. I'm Claire Harvey.

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<v Speaker 1>It's Monday, March twenty three, twenty twenty six. The countdown

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<v Speaker 1>is on for the giant clash between One Nation and

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<v Speaker 1>the Federal Coalition. After the weekend's huge result for Paul

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<v Speaker 1>En Hanson's party in the South Australian election, Labor Premier

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<v Speaker 1>Peter malnawskis one easily, but One Nation got a whopping

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<v Speaker 1>primary vote and now all eyes are on the federal

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<v Speaker 1>by election for the seat of Farah on May three.

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<v Speaker 1>Britain is backing Australia's hardline on copyright protections for artists, authors,

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<v Speaker 1>musicians and journalists against AI companies who want to hoover

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<v Speaker 1>up creative works without paying. That story's live now in

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<v Speaker 1>The Australian's Media section, and so is Steve Jackson's Unmissible

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<v Speaker 1>Weekly Onslaught of Yarns in the Diary are weekly media

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<v Speaker 1>gossip column. This week, the star of television's most excruciating

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<v Speaker 1>viral moment is taking on her network, and Kyle and

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<v Speaker 1>Jackie O are teaming up in the most surprising way.

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<v Speaker 1>Jacko's here in just a moment. Steve Jackson is The

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<v Speaker 1>Australian's Media Diary editor and JACKO. Today, you're writing about

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<v Speaker 1>someone who is famous in New South Wales for being

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<v Speaker 1>Channel nine Sydney weather presenter Ambas Sherlock. She's famous throughout

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<v Speaker 1>the rest of the galaxy for being at the center

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<v Speaker 1>of jacket Gate. What was jacket gate all about?

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<v Speaker 2>Look, Claire, before we get into it, I'd just like

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<v Speaker 2>to thank you for wearing something different to meet it.

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<v Speaker 2>I'm disappointed in what I wear myself.

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<v Speaker 1>I told you two hours ago. We know a'm by room.

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<v Speaker 3>This is not I'm sorry, I've been flat out wardrobe.

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<v Speaker 2>This is exactly what what Jackie Gate was about. Three

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<v Speaker 2>people turned up to do precursor toil podcast, a little

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<v Speaker 2>bit of a chinwag about the issues of the day

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<v Speaker 2>on nine in their afternoon news bulletin, and unfortunately they

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<v Speaker 2>all turned up wearing white jackets, and but Sherlock let

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<v Speaker 2>one of the reporters. Then nine News reported julie'snook no

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<v Speaker 2>uncertain terms that she should change not be wearing a

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<v Speaker 2>white jacket. Julie took umbrage to this suggestion, and the

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<v Speaker 2>withering stairs from both of them. I think even made

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<v Speaker 2>people who were not in the industry. Blush. Yeah.

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<v Speaker 1>Julie was doing a lot of like big eyes, like

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<v Speaker 1>what's going on here? I don't understand, And Amber was

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<v Speaker 1>doing a lot of like, honey, this is not my

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<v Speaker 1>first radio you got it tapping a pen and she

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<v Speaker 1>was furious, and the point that she made was kind

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<v Speaker 1>of right. I actually thought Amber Sherlock was right in

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<v Speaker 1>that moment. Her delivery might not have been good, but

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<v Speaker 1>you know they did look like they were in a

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<v Speaker 1>chemist warehouse infomercial.

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<v Speaker 2>Well yeah, and I'll tell you what, Like, she was

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<v Speaker 2>right whether or not you have to be worn to

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<v Speaker 2>wear different clothes. It's one of those things when you

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<v Speaker 2>go out on a television shoot you got to tell

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<v Speaker 2>the talent block colors, no patterns that will disrupt the camera,

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<v Speaker 2>no piercings or visible tattoos. But when you're a reporter,

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<v Speaker 2>you know those rules yourself, so you should turn up

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<v Speaker 2>presentable and she should have also clocked it. But it's funny,

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<v Speaker 2>within moments I was at nine at that time, working

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<v Speaker 2>at sixty minutes, and within moments of that happening, it

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<v Speaker 2>just went around the station like wildfire. Everyone's pulling it

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<v Speaker 2>up on the system. Unfortunately, one person pulled it up

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<v Speaker 2>on that system. It was too good to keep within nine,

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<v Speaker 2>and next thing you know, it was out to every network,

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<v Speaker 2>and then it was out to all and sundry and

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<v Speaker 2>they became famous.

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<v Speaker 1>Now now Amber Sherlock has left nine to spend a

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<v Speaker 1>lot more time with her family, probably more than she

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<v Speaker 1>wants to be spending. She was sacked. She was made

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<v Speaker 1>redundant by nine earlier this year, shortly after she celebrated

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<v Speaker 1>her fiftieth birthday, and surprisingly or maybe not, given her

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<v Speaker 1>conduct in jacket Gate, she's not taking it quietly.

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<v Speaker 2>Well, there's a few weaering glances going at the moment

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<v Speaker 2>as well.

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<v Speaker 1>On Nne's going, what, I don't know what you're talking about.

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<v Speaker 2>There, they're surprised. And the thing is, she's come out

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<v Speaker 2>and she's spoken about she's saying that she thinks that

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<v Speaker 2>her age was a key factor in it. They're already

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<v Speaker 2>saying we are not ages. That is completely untrue. And

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<v Speaker 2>I got to say I agree with him.

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<v Speaker 1>Well, this is the network though, that you know in

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<v Speaker 1>our working lives. Jacko So in the past couple of

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<v Speaker 1>decades has been hiring women for their effability. Well, I'm

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<v Speaker 1>not being shy about it.

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<v Speaker 2>Yeah right, that's the famous John Westercock quote. And I

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<v Speaker 2>think anyone who worked with John Westercott and I spent

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<v Speaker 2>two weeks of work experience under him, knows full worll

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<v Speaker 2>that that is how he spoke. I actually did do

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<v Speaker 2>the numbers last year, and it might have changed, but

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<v Speaker 2>I added up the ages of the thirty most prominent

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<v Speaker 2>women in commercial media across seven nine and ten and

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<v Speaker 2>the thirty most prominent males on air at seven nine

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<v Speaker 2>and ten, and the women came out marginally older on

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<v Speaker 2>average than the blokes.

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<v Speaker 1>There's a massive audience out there who wants to hear

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<v Speaker 1>women's opinions and that's been the secret of the success

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<v Speaker 1>of ten Looks three. This is the podcast hosted by

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<v Speaker 1>Annabel Crab and Lee Sales, two of the smartest and

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<v Speaker 1>dare I say over fifty women in Australian media. Well, hello, missy, Hi,

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<v Speaker 1>I have been watching something.

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<v Speaker 2>They started this podcast twelve years ago and back then

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<v Speaker 2>it was like, this little site doesn't know what's a podcast?

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<v Speaker 2>What are you talking about? How do I get one

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<v Speaker 2>of those?

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<v Speaker 3>Have?

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<v Speaker 2>I got to download an app? And they've been along

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<v Speaker 2>to the whole ride and they've seen it evolved. So

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<v Speaker 2>when we see people like Jackie o Henderson and her

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<v Speaker 2>agent Slash would be co presented Gemmer O'Neil trying to

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<v Speaker 2>do the same thing on couches, cuddled up with pillows

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<v Speaker 2>talking about what they're reading, they're all mimicking a very

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<v Speaker 2>successful formula that Annabel Krab and Lee Sales sort of

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<v Speaker 2>pioneered in that space in at least Australia.

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<v Speaker 1>And they certainly did. And they bring huge smarts, They're

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<v Speaker 1>very relatable, they're very warm, They genuinely are really.

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<v Speaker 2>Good friends and funny.

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<v Speaker 1>Yeah. And the challenge though, which they're facing, as everyone

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<v Speaker 1>in audio, I think is, is monetization. We're seeing a

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<v Speaker 1>huge contraction in audio now where either podcast creators are

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<v Speaker 1>creating a premium stream where you have to pay to

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<v Speaker 1>subscribe for certain episodes, or you have to go and

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<v Speaker 1>see them live to help support their podcast being free.

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<v Speaker 1>That's certainly been the case with the world's most successful podcast, Chatters.

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<v Speaker 3>Hello, if you are a regular listener of this podcast,

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<v Speaker 3>we would so appreciate it if you would consider subscribing

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<v Speaker 3>to us to help us meet the costs of production

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<v Speaker 3>and social media and all the other things that go

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<v Speaker 3>into putting it together.

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<v Speaker 1>If you go to our web now, Annabella Lee are

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<v Speaker 1>saying the same thing, although that's still not going to

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<v Speaker 1>be enough. Yeah, what's the solution.

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<v Speaker 2>Well, they're already doing the live shows, as you know.

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<v Speaker 2>They're also have pre roll ads in all their programs

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<v Speaker 2>that they're putting out more podcasts, they're doing one a week,

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<v Speaker 2>and they're selling like everyone else merch and I'm still

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<v Speaker 2>waiting to get my merch from the front. Hopefully that's

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<v Speaker 2>coming soon.

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<v Speaker 1>But thanks to an apron, I'm like, at you win

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<v Speaker 1>you jumper.

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<v Speaker 2>Actually I could deal with one as long as it's

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<v Speaker 2>not a white jacket. But I don't know what the

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<v Speaker 2>solution is, and telling ly, they don't know what it is.

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<v Speaker 2>I mean, you obviously listen to a lot more podcasts

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<v Speaker 2>than me, but it seems everyone's doing the same things.

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<v Speaker 2>So by virtue, you know, where is the money to

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<v Speaker 2>be made.

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<v Speaker 1>I think audiences have to get used to the idea

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<v Speaker 1>that if you like something and value it, just like television,

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<v Speaker 1>you are now going to have to pay because the

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<v Speaker 1>old fashioned model of advertising support that doesn't work in

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<v Speaker 1>the age of giant tech companies like Google and Facebook,

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<v Speaker 1>which can undercut any publisher. So it doesn't matter whether

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<v Speaker 1>you're an independent podcast publisher or a giant news organization.

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<v Speaker 1>You cannot compete with Google and Facebook in terms of

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<v Speaker 1>ad revenue, so ads don't work as a source of funding.

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<v Speaker 1>That means you need subscriber revenue. You need people to

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<v Speaker 1>pay to be part of the club. A lot of

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<v Speaker 1>Australia's most popular podcasters have already done this. They're also

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<v Speaker 1>turning them into videos. I mean, that is why podcasters

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<v Speaker 1>are going to YouTube, because it's much easier to monetize,

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<v Speaker 1>and YouTube will do the monetization for you. So yeah,

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<v Speaker 1>it's a shame because there is something beautiful about the

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<v Speaker 1>audio only conversation. There's a level of warmth and depth

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<v Speaker 1>that I think you can get from listening to too

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<v Speaker 1>smart people like Annabella and Lee talk while you're walking

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<v Speaker 1>the dog or doing the dishes or reading a boring

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<v Speaker 1>report at work.

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<v Speaker 2>Well, clearly that's what a lot of people are doing,

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<v Speaker 2>because I had a look today, so for their audio podcasts,

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<v Speaker 2>one hundred thousand listeners almost every episode, and they're chadding

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<v Speaker 2>away for an hour and forty minutes, sometimes sometimes only

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<v Speaker 2>thirty three minutes. I suppose it depends on what tickles

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<v Speaker 2>their fancy that week. But when you have a look

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<v Speaker 2>at their YouTube audience, obviously a lot of people are

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<v Speaker 2>rusted onto the old format because they'll have two thousand

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<v Speaker 2>views or five hundred views, and their subscription base is

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<v Speaker 2>really quite modest, it's three and a half thousand subscribers.

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<v Speaker 1>There's a real gender thing here. I think some of

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<v Speaker 1>the men who started out in podcasting have transitioned almost

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<v Speaker 1>wholly to video. So Joe Rogan, for example, is a

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<v Speaker 1>YouTube play. That's where Carl Stefanovic is going. I think

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<v Speaker 1>it's something about the difference between the audiences. Men want

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<v Speaker 1>to watch their conversation, women want to listen to it.

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<v Speaker 1>And you know, without being a sexist, I think it's

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<v Speaker 1>partly because women are busy. Women are driving to pick

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<v Speaker 1>up kids, they're cooking, they're cleaning. Even when they're having

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<v Speaker 1>their downtime, they're doing something. They're multitasking, whereas I think

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<v Speaker 1>men spend a bit more time sitting on the sofar watching.

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<v Speaker 2>YouTube derek, absorbing more information, getting really delving into the weeds.

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<v Speaker 1>I know that sometimes you will use YouTube as a

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<v Speaker 1>search engine, won't you you're interested in an issue. Let's

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<v Speaker 1>say it's you know the horme was straight, and you'll

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<v Speaker 1>search for that on YouTube and you want to watch

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<v Speaker 1>an explainer about it.

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<v Speaker 2>Yeah, I know everyone ten five years ago were saying,

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<v Speaker 2>let's make minute long explainers, but I have Look, I

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<v Speaker 2>don't want to minute long explainer. That's not enough. I

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<v Speaker 2>want ten minutes. I don't want half an hour. I

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<v Speaker 2>want ten minutes. And you're right, I want to watch it.

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<v Speaker 2>I want to see the maps. I want to get

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<v Speaker 2>my head around. And maybe that's just a way different

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<v Speaker 2>people absorb information. I need those visual cues, and I

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<v Speaker 2>really enjoy being able to see what people are saying

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<v Speaker 2>and their body language. But I mean, when you listen

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<v Speaker 2>to Chat ten looks three, is that you're just listening

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<v Speaker 2>to it.

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<v Speaker 1>I would rather just listen to it because I find

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<v Speaker 1>shows like that a companion to my life rather than

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<v Speaker 1>being something I want to sit down and watch. I'm

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<v Speaker 1>too busy watching below deck Sailing. You're jack, I don't

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<v Speaker 1>have time to for watching Chat ten looks three.

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<v Speaker 2>Well, the difference, I suppose is because we're in journalism,

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<v Speaker 2>big advocates of paying for people's journalism. I know I

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<v Speaker 2>have subscriptions to half a dozen websites. Even the ones

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<v Speaker 2>I could get for free through work I pay for.

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<v Speaker 2>I make a point of paying for them because you

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<v Speaker 2>want to support people at other mastheads. So probably for you,

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<v Speaker 2>happy to pay, But do you reckon? You know a

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<v Speaker 2>lot of people go, oh, now that you're charging two bucks,

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<v Speaker 2>I can get a clone copy of this podcast somewhere else.

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<v Speaker 1>I really think if people value a product, they will pay.

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<v Speaker 1>But just like Netflix, all the streaming services, HBO, they

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<v Speaker 1>don't make it optional. It's like, if you want this,

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<v Speaker 1>you're going to have to pay, And really is not

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<v Speaker 1>that much eight dollars a month really for the streaming platforms,

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<v Speaker 1>something similar for most news products. I imagine Annavilla and

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<v Speaker 1>Lee could very easily charge that, and they might not

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<v Speaker 1>be getting one hundred thousand downloads for those episodes. Maybe

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<v Speaker 1>they'll get twenty thousand. But if each of those people

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<v Speaker 1>are giving them eight dollars a month, that's a lot better.

0:11:19.160 --> 0:11:20.600
<v Speaker 2>Well I'm just doing a maths on that. That's eight

0:11:20.679 --> 0:11:22.880
<v Speaker 2>hundred thousand a month. They won't be on the ABC

0:11:23.120 --> 0:11:24.440
<v Speaker 2>very long at those rates.

0:11:27.600 --> 0:11:30.280
<v Speaker 1>Coming up, I try to start another fight with JACKO

0:11:30.440 --> 0:11:44.600
<v Speaker 1>about our favorite topic, Kyle and Jackie O. Now I

0:11:44.600 --> 0:11:46.720
<v Speaker 1>love fighting with you about Cole and Jackie O JACKO,

0:11:46.760 --> 0:11:48.800
<v Speaker 1>and I'm hoping we can have a fight today. What's

0:11:48.920 --> 0:11:52.720
<v Speaker 1>the latest with our favorite breakfast radio presenters who are

0:11:52.760 --> 0:11:53.160
<v Speaker 1>know more?

0:11:53.280 --> 0:11:55.240
<v Speaker 2>Right, I can tell you this for free. It's happened

0:11:55.280 --> 0:11:58.200
<v Speaker 2>when you would. Kyle has filed his statement of claim

0:11:58.240 --> 0:12:01.240
<v Speaker 2>in the federal court against his former employer An. He

0:12:01.320 --> 0:12:04.200
<v Speaker 2>wants his money. He wants what he was promised, he

0:12:04.240 --> 0:12:06.240
<v Speaker 2>wants what he says he is owed, and he's not

0:12:06.280 --> 0:12:07.600
<v Speaker 2>going to settle for a cent less.

0:12:07.640 --> 0:12:09.960
<v Speaker 1>That's one hundred million dollars the balance of what he

0:12:10.000 --> 0:12:10.960
<v Speaker 1>wants to be paid out.

0:12:10.840 --> 0:12:14.240
<v Speaker 2>One hundred million minus fourteen months work. And he says

0:12:14.320 --> 0:12:17.040
<v Speaker 2>he wants a whole kind kaboodle. He's not interested in

0:12:17.080 --> 0:12:19.880
<v Speaker 2>a quick little Hey what about twenty million and we

0:12:19.920 --> 0:12:23.200
<v Speaker 2>call it quits. He wants everything, and I kind of

0:12:23.200 --> 0:12:26.040
<v Speaker 2>think for mine, he's probably entitled to it, because a

0:12:26.080 --> 0:12:26.680
<v Speaker 2>deal is a deal.

0:12:26.840 --> 0:12:28.520
<v Speaker 1>This is going to turn on whether or not he

0:12:28.640 --> 0:12:30.880
<v Speaker 1>was able and willing to deliver on the services they

0:12:30.920 --> 0:12:33.760
<v Speaker 1>were paying him for. He would say, I was absolutely willing.

0:12:34.000 --> 0:12:36.000
<v Speaker 1>I was absolutely able, But you didn't let me talk

0:12:36.000 --> 0:12:38.040
<v Speaker 1>to Jackie to resolve this situation, right.

0:12:37.960 --> 0:12:40.000
<v Speaker 2>Yeah, he says it's like a catch twenty two, given

0:12:40.120 --> 0:12:44.640
<v Speaker 2>no chance to resolve the issues. Says as we've all

0:12:44.640 --> 0:12:47.280
<v Speaker 2>been saying, which we argued about last time, is that

0:12:47.720 --> 0:12:50.200
<v Speaker 2>he's been doing the same content for twenty years, and

0:12:50.240 --> 0:12:52.040
<v Speaker 2>no one at any point has ever said, hey man,

0:12:52.640 --> 0:12:55.560
<v Speaker 2>we've changed the script. That's no longer cool. This character

0:12:55.600 --> 0:12:58.480
<v Speaker 2>he's been playing, that is the character he leans into

0:12:58.520 --> 0:13:01.320
<v Speaker 2>on air. And I know everyone's sort of intimating he's

0:13:01.320 --> 0:13:05.000
<v Speaker 2>a much warmer, charismatic, caring guy off air than he

0:13:05.120 --> 0:13:07.920
<v Speaker 2>is the character he plays on the show. But he's saying,

0:13:07.960 --> 0:13:10.200
<v Speaker 2>I've done that, I've done what you asked, You've promoted

0:13:10.240 --> 0:13:13.960
<v Speaker 2>as radio gorn rogue, I attract all the vitriol, I

0:13:14.200 --> 0:13:17.240
<v Speaker 2>soak it up, and now you've said, not cool anymore?

0:13:17.679 --> 0:13:18.240
<v Speaker 2>What gives?

0:13:18.320 --> 0:13:20.600
<v Speaker 1>He's always known too, And I think this whenever I

0:13:20.640 --> 0:13:23.640
<v Speaker 1>read someone writing about what a misogynist Kyle is. Yeah. Sure,

0:13:23.679 --> 0:13:26.160
<v Speaker 1>he's behaved like an absolute buffoon on air, which is

0:13:26.200 --> 0:13:28.080
<v Speaker 1>what they were paying him to do and which is

0:13:28.080 --> 0:13:30.520
<v Speaker 1>what the audience tuned in for. But he's also the

0:13:30.520 --> 0:13:33.000
<v Speaker 1>one who insisted that Jackie get paid the same amount

0:13:33.000 --> 0:13:34.839
<v Speaker 1>as him. I haven't seen many other men in media

0:13:34.920 --> 0:13:35.120
<v Speaker 1>do that.

0:13:35.320 --> 0:13:37.160
<v Speaker 2>Yeah, and if you listen to the show, a lot

0:13:37.240 --> 0:13:40.360
<v Speaker 2>gets made of like, oh they did this crazy stunt

0:13:40.440 --> 0:13:44.160
<v Speaker 2>and headlines about he said something stupid. The truth is

0:13:44.280 --> 0:13:46.559
<v Speaker 2>they plan those things. They know, Hey, we're going to

0:13:46.640 --> 0:13:48.719
<v Speaker 2>do this, and everyone's going to beat up on us,

0:13:48.840 --> 0:13:50.959
<v Speaker 2>but it's going to be great because the rating survey

0:13:51.000 --> 0:13:53.920
<v Speaker 2>and in radio it's still a survey. You fill in

0:13:53.960 --> 0:13:56.920
<v Speaker 2>which shows, So you have this crazy stunt just as

0:13:56.960 --> 0:13:59.439
<v Speaker 2>the survey goes and oh yeah, Kyle and Daki I

0:13:59.520 --> 0:14:01.800
<v Speaker 2>did listen to so I know about that. So all

0:14:01.840 --> 0:14:05.400
<v Speaker 2>these things are planned. They're not just being vile and

0:14:05.640 --> 0:14:09.959
<v Speaker 2>careless and stupid just because you know he's an idiot.

0:14:10.040 --> 0:14:13.600
<v Speaker 2>He's actually very intelligent. It's all planned, and it's what

0:14:13.760 --> 0:14:16.880
<v Speaker 2>the whole show has been centered around and advertised on radio.

0:14:16.880 --> 0:14:20.000
<v Speaker 1>Goes rogue And you're writing today that Jackie is going

0:14:20.040 --> 0:14:21.720
<v Speaker 1>to stand back and wait to see what happens with

0:14:21.800 --> 0:14:25.080
<v Speaker 1>Kyle's lawsuit before she foils her own. So actually, Kyle

0:14:25.200 --> 0:14:28.040
<v Speaker 1>might be Australia's leading feminist here Jacko, he's paving the

0:14:28.040 --> 0:14:30.760
<v Speaker 1>way for his female former co host to get her

0:14:30.760 --> 0:14:31.880
<v Speaker 1>one hundred million dollars too.

0:14:32.000 --> 0:14:33.840
<v Speaker 2>Well, yeah, it's going to be interesting to see what

0:14:33.880 --> 0:14:37.360
<v Speaker 2>she does there. Because her contract also torn up, she's

0:14:37.400 --> 0:14:39.640
<v Speaker 2>missing out on the better part of one hundred million

0:14:39.640 --> 0:14:42.640
<v Speaker 2>dollars paid over ten years as well. The difference is

0:14:42.840 --> 0:14:45.240
<v Speaker 2>Aarn is going, all right, Kyle, we're going to just

0:14:45.280 --> 0:14:49.720
<v Speaker 2>tell everyone you're reckless and that serious misconduct, because they

0:14:49.720 --> 0:14:52.720
<v Speaker 2>know that'll play to a large portion of the community

0:14:53.080 --> 0:14:55.480
<v Speaker 2>who already hate him and made it their mind, even

0:14:55.520 --> 0:14:59.240
<v Speaker 2>though they're not his listeners. But for Jackie, they're going, hey,

0:15:00.000 --> 0:15:02.080
<v Speaker 2>stick with House. We've got a show for you. You

0:15:02.160 --> 0:15:04.880
<v Speaker 2>can one hundred million and ten years. No, no new deal.

0:15:04.920 --> 0:15:06.560
<v Speaker 2>We've torn that one up, but we've got a new

0:15:06.600 --> 0:15:09.720
<v Speaker 2>deal for you, not quite as lucrative, but you're welcome back.

0:15:10.240 --> 0:15:13.920
<v Speaker 2>And she's not. My sources are saying she's not engaging

0:15:14.040 --> 0:15:16.360
<v Speaker 2>with that so far. She's going to wait and see,

0:15:16.560 --> 0:15:19.960
<v Speaker 2>quite cleverly, how much does Kyle get before I decide

0:15:19.960 --> 0:15:20.600
<v Speaker 2>what I'm going to do.

0:15:25.600 --> 0:15:28.440
<v Speaker 1>The bosses at a are in clearly thought they were

0:15:28.680 --> 0:15:31.080
<v Speaker 1>geniuses for coming up with this idea of like, oh,

0:15:31.160 --> 0:15:32.840
<v Speaker 1>I know, we could say that he hasn't fulfilled his

0:15:32.840 --> 0:15:34.320
<v Speaker 1>contract and then we don't have to pay one hundred

0:15:34.320 --> 0:15:37.200
<v Speaker 1>million dollars If this goes wrong for them. They are

0:15:37.200 --> 0:15:40.360
<v Speaker 1>going to be paying one hundred million dollars plus legal costs,

0:15:41.080 --> 0:15:42.160
<v Speaker 1>plus interest.

0:15:42.320 --> 0:15:44.840
<v Speaker 2>Plus probably paying with their jobs, like this is a

0:15:44.840 --> 0:15:46.880
<v Speaker 2>massive gamble for them. And there's a joke that goes,

0:15:46.920 --> 0:15:48.880
<v Speaker 2>how do you make a small business investment make a

0:15:48.960 --> 0:15:51.680
<v Speaker 2>large business investment in a media company? Right, So they

0:15:51.680 --> 0:15:54.120
<v Speaker 2>know at this time they have to get rid of

0:15:54.200 --> 0:15:58.320
<v Speaker 2>this contract. The new CEO's taking charge in January. Michael Stevenson,

0:15:58.400 --> 0:16:02.040
<v Speaker 2>smart guy from my former sales boss there. He's coming

0:16:02.080 --> 0:16:03.560
<v Speaker 2>in and goes, we've got to get rid of this.

0:16:03.600 --> 0:16:07.400
<v Speaker 2>The whole market cap of AARN is only one hundred

0:16:07.440 --> 0:16:10.160
<v Speaker 2>and one million dollars and we're paying these two guys

0:16:10.640 --> 0:16:13.920
<v Speaker 2>like two hundred million. He's inherited this deal. He can't

0:16:13.960 --> 0:16:18.080
<v Speaker 2>believe how bad it is. Unfortunately for him, both Kyle

0:16:18.320 --> 0:16:21.640
<v Speaker 2>and Jackie O have signed this in good faith. And

0:16:22.080 --> 0:16:26.040
<v Speaker 2>you know, if you make a deal, I'm sorry, it's

0:16:26.200 --> 0:16:28.960
<v Speaker 2>very unfortunate that you're that you're stuck with this. But

0:16:29.440 --> 0:16:34.240
<v Speaker 2>to at least what Kyle's saying, proactively plot to blow

0:16:34.280 --> 0:16:38.640
<v Speaker 2>it up and call him unprofessional, which is what they've

0:16:38.640 --> 0:16:41.600
<v Speaker 2>done by saying serious misconduct, He's just not going to

0:16:41.640 --> 0:16:43.240
<v Speaker 2>copy it. Right, and I don't think he should.

0:16:43.360 --> 0:16:45.160
<v Speaker 1>Well, maybe they could join Annabelle and Way on the

0:16:45.160 --> 0:16:47.520
<v Speaker 1>couch and bringing you well up to chat ten look three.

0:16:47.720 --> 0:16:50.120
<v Speaker 2>I'm telling you, if it's one dollar per subscriber a

0:16:50.160 --> 0:16:52.800
<v Speaker 2>month eight hundred thousand, I'll be signing up to see

0:16:52.800 --> 0:16:54.840
<v Speaker 2>if I can help cut some of their stories.

0:16:55.280 --> 0:16:57.080
<v Speaker 1>Jacko, thank you very much, Thank you for having me on.

0:17:04.400 --> 0:17:07.840
<v Speaker 1>Steve Jackson edits The Media Diary in the Australian. It's

0:17:08.040 --> 0:17:11.000
<v Speaker 1>live now at the Australian dot com dot au