Jones saga puts heat on Macquarie

Original article by Zoe Samios, Nick Tabakoff
The Australian – Page: Online : 11-Mar-19

Macquarie Media has refused to comment on its negotiations with Alan Jones over a new contract for the radio broadcaster, as has Jones himself. Jones has had 216 consecutive rating wins for his broadcasting spot, while his radio station 2GB won survey eight of Sydney’s 2018 ratings surveys with a 14.1 per cent audience share. Not being able to re-sign Jones would mean reduced advertising revenue for Macquarie Media, as well as more angst for Macquarie Media’s parent company Nine Entertainment, following the axing of Karl Stefanovic from ‘Today’ in 2018.

CORPORATES
MACQUARIE MEDIA LIMITED – ASX MRN, 2GB, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SEVEN NETWORK LIMITED

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