AJAS.org.au Forum Archive

Adelaide Japanese Animation Society

AJAS Forum Archive

Forum Administrators and Moderators

Millions lost as advertisers cut ties to Austereo over Kyle

by Mappy » Thu Aug 06, 2009 5:50 am

http://www.news.com.au/entertainment/st ... 60,00.html

THE scandal which cost Kyle Sandilands his $1 million Australian Idol job is hitting his radio bosses where it hurts the most - the bottom line.

Two key advertisers yesterday pulled the plug on deals with the Austereo network.

And Sandilands' own finances were under the microscope, with documents revealing he had debts about $2.2 million.

While his wife Tamara went on a shopping spree yesterday, Sandilands dodged media as he drove his mortgaged Rolls Royce Phantom into the couple's new St Ives home.

Sandilands - whose earnings last year were tipped at $3.8 million - suspended himself from work after Austereo bosses wanted to install a kill switch on The Kyle And Jackie O Show.

Austereo sales staff were in crisis yesterday, as American Express and Optus joined Qantas and Channel 10 in pulling advertising dollars from the show. Optus is understood to have cancelled its sponsorship after customer threats of a boycott.

American Express also pulled its online advertising, telling Austereo to remove a banner campaign running on the 2DayFM website by close of business yesterday.

An American Express spokeswoman said community outrage forced a review.

"American Express has taken the decision to remove advertising from the 2DayFM website, as recent past and current content on the site do not reflect our brand values," the spokeswoman said.

A Ten spokeswoman said advertising dollars for Idol would be redirected.

Sandilands' lifestyle and business interests incurred millions in debt last financial year.

In December last year he took out a $530,000 mortgage on his Rolls Royce Phantom with Westpac.

The $1.9 million St Ives mansion he is believed to share with wife Tamara, her sister Jeumana and others carries a $1.71 million mortgage with the National Australia Bank, registered in July last year.

Also in July 2008 a company owned and operated by Sandilands, Libemo Nominees, mortgaged everything it owns to the NAB in return for a loan of undisclosed size.
Image
User avatar
Mappy
Grumpy Old Man
 
Posts: 4621
Joined: Fri Sep 22, 2006 7:36 am
Location: Ad 'ela i'de, South Boganstan

Re: Millions lost as advertisers cut ties to Austereo over Kyle

by edible_hat » Mon Aug 10, 2009 1:52 pm

lol, serves him right.
Mel Gibson's remake of The Life of Brian is nowhere near as funny as the original.

There are four autonomic responses, and they all start with F. Fright, fight, flight and making love. -Dr Karl

http://edible-hat.livejournal.com/
User avatar
edible_hat
 
Posts: 1081
Joined: Sat Jun 30, 2007 5:22 pm
Location: One of the UniSAGA card tables.

Re: Millions lost as advertisers cut ties to Austereo over Kyle

by Last Exile » Wed Aug 12, 2009 3:28 am

Damn right. Naga got exactly what he deserved. After his blow-ups at Frenzal Rhomb and Ernie Dingo, it was a matter of time before he really crossed the line.
Disgusting...
User avatar
Last Exile
 
Posts: 4013
Joined: Sun Sep 24, 2006 11:47 pm
Location: Breaking the Walls Down

Re: Millions lost as advertisers cut ties to Austereo over Kyle

by edible_hat » Fri Aug 14, 2009 12:02 pm

They're letting him back on the radio next week, I guess nobody learned anything out of this situation.
Mel Gibson's remake of The Life of Brian is nowhere near as funny as the original.

There are four autonomic responses, and they all start with F. Fright, fight, flight and making love. -Dr Karl

http://edible-hat.livejournal.com/
User avatar
edible_hat
 
Posts: 1081
Joined: Sat Jun 30, 2007 5:22 pm
Location: One of the UniSAGA card tables.

Re: Millions lost as advertisers cut ties to Austereo over Kyle

by Last Exile » Fri Aug 14, 2009 3:22 pm

edible_hat wrote:They're letting him back on the radio next week, I guess nobody learned anything out of this situation.


Triple M loves their antagonists, they wouldn't ditch him.
Disgusting...
User avatar
Last Exile
 
Posts: 4013
Joined: Sun Sep 24, 2006 11:47 pm
Location: Breaking the Walls Down