Nat Barr’s worst nightmare as Karl Stefanovic eyes a move to Channel 7

Key points

• Mining magnate Gina Rinehart is reportedly considering a significant investment in the Seven Network, potentially acquiring a stake from current major shareholder Kerry Stokes. Media insiders suggest Rinehart, who previously held interests in Fairfax and Ten, may aim to re-enter the media landscape.
• If the deal proceeds, sources speculate she could prioritise bringing former TV host Karl Stefanovic back to the network, possibly for a high-profile role.
• This development has sparked uncertainty for current Sunrise hosts Nat Barr and Matt Shirvington, with Barr reportedly concerned about her position.