Original article by Darren Davidson
The Australian – Page: 17 : 19-Dec-14

Insiders claim that Fairfax Media is preparing a suite of divestments to prepare itself for a merger in 2015 with a free-to-air TV network. The newspaper publishing group will combine most of its radio assets, which under current media ownership laws prevent it from joining a TV broadcaster, with those of rival Macquarie Radio in a move worth $A200m. Fairfax CEO executive Greg Hywood also wants APN News & Media’s Australian Radio Network to acquire his company’s Perth station. At the same time Fairfax is about to pay $A75m for the remaining stake in ­Melbourne business Metro Media Publishing

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, MACQUARIE RADIO NETWORK LIMITED – ASX MRN, APN NEWS AND MEDIA LIMITED – ASX APN, AUSTRALIAN RADIO NETWORK PTY LTD, METRO MEDIA PUBLISHING PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TEN NETWORK HOLDINGS LIMITED – ASX TEN, MACQUARIE BANK LIMITED – ASX MBL, CITIGROUP PTY LTD