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Your Money (TV channel)

From Alfawiki
Your Money
Company typeJoint venture
IndustryMedia, Business news
PredecessorSky News Business Channel, Extra
FoundedOctober 1, 2018; 8 years ago (2018-10-01)
DefunctMay 17, 2019 (2019-05-17)
Headquarters
Sydney
,
Australia
Key people
Kylie Merrit (CEO)
ProductsBusiness news television channel
OwnerAustralian News Channel Pty Ltd and Nine Entertainment

Your Money was an Australian 24-hour business news channel created through a partnership between Australian News Channel Pty Ltd and Nine Entertainment. It was accessible across the country via Foxtel's cable and satellite services, free-to-air digital terrestrial television in urban regions, and online streaming platforms.

Debuting on 1 October 2018, Your Money took over from Sky News Business Channel on Foxtel and Extra on digital terrestrial television. Up until its shutdown on 17 May 2019, the channel concentrated on delivering stock market updates and trading insights during Australian Stock Exchange (ASX) hours, while featuring aspirational and lifestyle shows during evening prime time.

History

The announcement of Your Money came in June 2018 as a collaborative effort between Australian News Channel (a subsidiary of News Corp Australia) and Nine Entertainment (through the Nine Network), operating under Australian Money Channel Pty Ltd. It succeeded the finance-centric Sky News Business Channel on Foxtel and replaced Extra, a datacasting infomercial service, on digital terrestrial television. Promotional content ran until the channel officially launched at 6am AEDT on 1 October 2018. While maintaining much of Sky News Business’s programming lineup and personnel, Your Money broadened its scope by introducing lifestyle and consumer-focused content beyond market hours.

Operating from News Corp Australia's Sydney headquarters—where Sky News Business had relocated earlier that year—Your Money was managed by CEO Kylie Merrit.

After providing two weeks' notice to employees and viewers, the channel ended broadcasting on 17 May 2019. The owners attributed the closure to financial challenges stemming from inadequate advertising income. Post-closure, Nine progressively replaced Your Money's digital terrestrial television slot with an HD broadcast of 9Gem, whereas Foxtel removed the channel position originally established for Sky News Business back in 2008.

Programming

Programming on Your Money included many shows carried over from Sky News Business Channel, delivering continuous live coverage and expert analysis of the ASX, global markets, finance, and economic developments during weekdays. Prime time featured the flagship show Your Money Live, followed by targeted programs until 11pm AEST, after which it simulcast Fox Business Network. On Saturdays, the focus shifted to real estate programming with live auction coverage running from 8:30am to 2:30pm.

Notable presenters