LONDON: Sky News chief John Ryley announced on Sunday that he will step down after 17 years in charge as the channel faces the challenges of a post-television future.
Ryley, 60, assumed his role as head of the news outlet in 2006, when Sky News was almost fully dedicated to producing its flagship live television channel. He led the channel’s transformation into a multimedia operation with a large online audience.
Sky News, however, continues to spend a substantial part of its budget on traditional broadcasting.
Sources at the channel told the Guardian that Ryley’s departure will be announced to staff in a call on Dec. 5. Details are yet to be confirmed, but the call is also expected to reveal new hires for Sky News’ data, podcasts and original journalism teams.
The sources added that investment in several new studios would be paused.
Across almost two decades, Ryley won many journalism awards as he faced the challenge of running a news outlet in an era of media decline.
He said in recent years that he believed television news, instead of relying on patrician presenters, should increasingly feature reporters offering expert analysis and context. “The age of the all-powerful anchor is gone — instead they share the stage with journalists in the field, providing the audience with the high-fiber news they demand,” he wrote.
The announcements, according to The Guardian, suggest that Sky News’ leadership is preparing for a future where the channel’s focus shifts away from its live news operation.
While figures show that some 10.2 million people across Britain watched Sky News in November, audience figures for individual shows came in below 100,000 viewers in some cases. The channel is increasingly turning to platforms such as TikTok to reach the younger generations.
Sky News’ financial backing is wrapped up in corporate politics. When founder Rupert Murdoch sold Sky in 2018 to US media giant Comcast, the new owners pledged to maintain Sky News’ funding for a decade.
However, that agreement has yet to be honored, and decisions will be made soon about the outlet’s long-term future and funding model. Comcast is thought to be exploring ways to integrate Sky News into its US-based NBC News operation.
The wider Sky business has faced many challenges in recent years, with revenues slumping as consumers and advertisers cut back on spending in the face of tough economic conditions. The company is already looking beyond its satellite dish model toward a future where its subscription service is delivered over the internet.