Original article by Stephen Brook
The Australian – Page: 25 : 9-Aug-17
Macquarie Media has posted a 2016-17 after-tax profit of $A17.32m, which is 21 per cent higher than previously. Group revenue was two per cent lower at $A131.11m, which has been primarily attributed to a downturn in royalty and contra revenues. Macquarie’s revenue was also affected by an extended leave of absence by 2GB presenter Alan Jones on medical grounds. Shareholders will receive a fully franked final dividend of $A0.04 per share.
CORPORATES
MACQUARIE MEDIA LIMITED – ASX MRN, 2GB, 3AW SOUTHERN CROSS RADIO PTY LTD, RADIO 2UE SYDNEY PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, SATELLITE MUSIC AUSTRALIA PTY LTD