4 May 2016

Phil Wallington on Weldon's resignation

From Afternoons, 1:15 pm on 4 May 2016

"I have come to a decision that the personal cost is now too high to continue in this role" - Mark Weldon in announcing his resignation as Chief Executive of Mediaworks

The company announced he was stepping down this morning. Mr Weldon himself put a statement on the newshub website last night saying he had informed the board of his decision last night. 

Last Friday Hilary Barry resigned, becoming the latest in a string of hight profile resignations and redundancies since Mark Weldon became CEO in August 2014.

Phil Wallington discusses what lead to the resignation, and where to now for TV3. 

Mediaworks staff

During the reign of Mark Weldon, middle top, a string of high-profile journalists and presenters have left Mediaworks, including, from top right, John Campbell, Carolyn Robinson, Hilary Barry, Mark Jennings and Paula Penfold Photo: supplied