Ouch about ch3 losses, Still Ch7 boss needs to be changed by someone smarter and more dynamicI agree, but hard to change the mind of someone that old lol. The owner of channel 7 is this extremely rich guy who only consider channel 7 a past time. He's said it somewhere before and others here and at other forums have mentioned this to. I guess for him as long as he is making "something" he doesn't care much. Until he is superseded by someone from the current generation, he won't change his ways. Maybe in the next few years things will change. Why? Look at all the people leaving channel 7 left and right. Channel 7 is becoming like Channel 5/Exact was back in the days the same handful of faces.
Another thing is numbers. Channel 7 owner probably sees how popular channel 3 is but still has a HUGE profit down. Forbes posted an article about it. I don't remember the detail entirely, but Channel 3 was reported to have more than 90% profit loss, and channel 7 somewhere under 50%? So, maybe they looked at this and how channel 3 is marketing elsewhere but still suffering huge profit losses, and don't want to take that risk.
Here is the article: