Original article by Jake Mitchell
The Australian – Page: 21 : 6-Oct-16

The Australian Communications & Media Authority has ruled that Macquarie Media must sell Sydney radio station 2CH. The 2015 merger of Macquarie Radio Network and Fairfax Media’s radio assets resulted in the merged group owning three radio stations in Sydney, in breach of the "’two to a market" media ownership rule. ACMA has refused to grant Macquarie a third temporary exemption and deemed that 2CH must be sold.

CORPORATES
MACQUARIE MEDIA LIMITED – ASX MRN, RADIO 2CH PTY LTD, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, FAIRFAX MEDIA LIMITED – ASX FXJ, 2GB, RADIO 2UE SYDNEY PTY LTD, NEW SOUTH WALES COUNCIL OF CHURCHES, GRANT BROADCASTERS PTY LTD, CAPITAL RADIO NETWORK