Movie Network taps Forrest

Exec named CEO

SYDNEY — Tony Forrest has been appointed chief executive officer of the Movie Network, effective Nov. 22.

Previously, Forrest was resources director at Kerry Stokes’ Seven Network, where he recently integrated pay-TV operation C7 Sport into the web. Before that, he spent many years with regional radio and TV operator Southern Cross Broadcasting.

The Movie Network is a three-channel film service owned by Warner Bros., Disney, MGM and Village Roadshow. It airs on troubled Australian feevee operator Cable & Wireless Optus and also on UnitedGlobalCom’s successful rural Oz pay service Austar.

Austar posted an 82% hike in revenues to A$186.8 million ($119.5 million) for the year to September 1999 as subscribers for the group’s rural Oz feevee provider surpassed 370,000. Chief exec John Porter said the “result has the company on track to turn (cash flow) positive in the fourth quarter of this year.”

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