Home / Arts and Entertainment / Stefanovic's Podcast Partner Dispute Escalates
Stefanovic's Podcast Partner Dispute Escalates
15 Sep
Summary
- Karl Stefanovic and Keshnee Ibrahim's podcast partnership has broken down.
- A court is deciding if Stefanovic will buy out his partner's shares.
- The podcast has been on hiatus since late August due to controversies.
The partnership behind the 123 Podcast, co-owned by Karl Stefanovic and Keshnee Ibrahim, has reportedly faced an irreconcilable breakdown. Ibrahim filed an urgent court application to defer a meeting where she feared removal as a company director. Both own 45% stakes in the enterprise that oversees 'The Karl Stefanovic Show'.
Justice David Hammerschlag presented two potential paths forward: winding up the company with a liquidator determining its value, or Stefanovic purchasing Ibrahim's shares. Stefanovic's lawyer indicated an agreement for a buyout, though disagreements exist regarding the company's operational fairness towards Ibrahim.
The podcast has been on hiatus since August 24, following a controversial interview with Tommy Robinson and subsequent public backlash. Stefanovic's legal team proposed a valuation date of August 7, before alleged negative conduct occurred. A subsequent hearing is set for October 13.