Karl Stefanovic acquires Ibrahim's podcast interests in Supreme Court settlement
1 report, 1 independent
Updated Thu 00:00
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What happened
Karl Stefanovic settled a business dispute with podcast partner Keshnee Kemp Ibrahim by acquiring her interests in 123 Podcast Pty Ltd. The settlement, which resolved litigation headed for the NSW Supreme Court, resulted in Ibrahim exiting the company as a shareholder and director. The arrangement was reported to be a seven-figure deal.
From cairnspost.com.au
Why it matters
The buyout resolves a legal dispute surrounding the production of The Karl Stefanovic Show. The acquisition of Ibrahim's interests changes the ownership structure of the podcast company, 123 Podcast Pty Ltd.
From cairnspost.com.au
Who's involved
- Karl StefanovicAcquired Ibrahim's interests in 123 Podcast Pty Ltd.
- IbrahimSold her interests and exited 123 Podcast Pty Ltd. as a shareholder and director.
- Anthony BellServes as Karl Stefanovic's accountant for podcasting business operations.
- Gina RinehartWas rumored to have provided financial backing for the podcast.
Keep exploring
The entities involved
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Karl Stefanovic
Australian television presenter and journalist (born 1974)
Nothing else this week.
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Gina Rinehart
Australian businessperson