Radio a key strategic asset for APN

APN has released the results from its recent AGM, showing positive growth for the company, particularly in relation to its radio interests. 

Key highlights apparent for APN, as discussed in the AGM, include positive rating results from ARN and TRN stations across a number of metropolitan markets , the acquirement of the remaining 50% interest in the ARN and TRN, the rebranding of the ‘Classic Hits Pure Gold’ network, and the positive growth results for the newly released iHeartRadio platform.

In his address to shareholders, APN CEO Michael Miller noted that: “Radio is a key strategic asset for APN. We have furthered our investment in ARN and TRN because we are confident that radio will continue to grow as a medium and that ARN and TRN will continue to grow market share.”

The full AGM presentation and results can be viewed here.

Read CEO Michael Miller’s address to shareholders here.

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