13 November 2023 Five months after the Australian Radio Network (ARN) acquired a 14.8% interest in Southern Cross Media Group Limited (SCA) it has been announced today that Seven West Media Limited (SWM) has acquired the same (14.9%) in ARN, making it now a party of five in the ongoing who will take over who radio network saga.
10 November 2023 The ongoing speculative partnerships, separations and mergers between the Australian Radio Network (ARN), Southern Cross Media Group Limited (SCA), Anchorage Capital Partners (ACP) and now regional publishing group Australian Community Media (ACM) is starting to feel a little like watching Neighbours.
25 October 2023 Terms and condition may have come back to bite ARN today with an application to the Takeovers Panel outlining that ARN’s June purchase of the share interest in SCA may have been in breach of the Corporations Act due to the nature of an exchange of shares by Allan Gray.
18 September 2023 I’m aware that many of you reading are ex-commercial radio people. Perhaps you’ve left the industry altogether, maybe some of you dip your toe back in casually or pull regular shifts on community radio or a podcast. How many of you left the radio industry because you weren’t earning a living wage?