Southern Cross Austereo chairman Peter Bush says that while 2DayFM, and in particular their breakfast show, continued to disappoint in 2018, the media company has promised shareholders a return to growth in the next financial year.
The company’s radio share was down 1.8 per cent and earnings fell 4 per cent with Bush saying the “Major contributing factors were relatively poor ratings results in October through December 2017, and the general underperformance of 2DayFM”.