RADIO STATIONS – AUSTRALIA

Triple J moves Hottest 100 from Australia Day

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Original article by Broede Carmody
The Age – Page: 3 : 28-Nov-17

Radio station Triple J will no longer count down its 100 top songs of the year on Australia Day, announcing on 27 November that it would move the Hottest 100 to the fourth weekend in January. Triple J stated a survey of listeners had found that 60 per cent had supported the change of date. The decision was initially prompted by an online petition started in August, with Triple J asked to move the Hottest 100 from Australia Day out of respect to Indigenous Australians. The Greens have welcomed the change, but federal Minister for Communications Mitch Fifield said he was "bewildered" by the change in date.

CORPORATES
TRIPLE J PTY LTD, AUSTRALIAN GREENS, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS

Macquarie Media lifts despite Jones absence

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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

Fairfax digs in over Singleton bid

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Original article by Mitchell Bingemann
The Australian – Page: 19 : 20-Jun-17

Fairfax Media will not allow businessmen John Singleton and Mark Carnegie to undertake due diligence on Macquarie Media, in which it holds a 54.5 per cent stake. Singleton and Carnegie, who collectively own more than 40 per cent of Macquarie, recently advised Fairfax that they are keen to acquire the radio stations group. Fairfax suitors TPG Capital and Hellman & Friedman are primarily interested in the target’s Domain property listings business.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, MACQUARIE MEDIA LIMITED – ASX MRN, TPG CAPITAL LP, HELLMAN AND FRIEDMAN, DOMAIN.COM.AU, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Formal bids for Fairfax due in next fortnight with Domain the target

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Original article by Max Mason
The Australian Financial Review – Page: 15 : 19-Jun-17

Hellman & Friedman and TPG Capital may seek more time to undertake due diligence on Fairfax Media, although they may submit formal bids by the end of June. Fairfax has also advised that businessmen John Singleton and Mark Carnegie have expressed interest in acquiring its controlling stake in radio stations owner Macquarie Media. They had previously made an approach to buy Fairfax’s radio assets in 2012.

CORPORATES
FAIRFAX MEDIA LIMITED – ASX FXJ, HELLMAN AND FRIEDMAN, TPG CAPITAL LP, MACQUARIE MEDIA LIMITED – ASX MRN, 2GB, 3AW SOUTHERN CROSS RADIO PTY LTD, DOMAIN.COM.AU, CREDIT SUISSE (AUSTRALIA) LIMITED, GILBERT AND TOBIN LAWYERS, MACQUARIE CAPITAL PTY LTD, HERBERT SMITH FREEHILLS PTY LTD, KING AND WOOD MALLESONS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, STAN ENTERTAINMENT PTY LTD

Smooth operators ease way to top of heap

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Original article by Stephen Brook
The Australian – Page: 3 : 28-Apr-17

Nova Entertainment’s SmoothFM topped the FM ratings in both Sydney and Melbourne in GfK’s second radio ratings survey for 2017. SmoothFM boasted an audience share of 9.9 per cent in both cities, almost five years after being launched under the Vega banner. Meanwhile, Sydney’s 2GB increased its overall audience share by 0.3 points to 11.6 per cent. Ratings for its breakfast show rose by 0.6 points to 13.5 per cent following the return of Alan Jones after an extended absence on medical grounds.

CORPORATES
SMOOTHFM 91.5 PTY LTD, SMOOTHFM 95.3 PTY LTD, NOVA ENTERTAINMENT PTY LTD, ILLYRIA PTY LTD, 2GB, GFK PTY LTD, NEWS CORPORATION – ASX NWS, KIIS1065, TRIPLE M CORPORATION PTY LTD, SEVEN NETWORK LIMITED

Over half of Australians listen to breakfast radio

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 16-Aug-16

A Roy Morgan Single Source survey has found that 86 per cent of Australians aged 14+ (nearly 17 million people) listen to radio during the week. The survey, which was carried out in the year to March 2016, also shows that the total national radio audience in an average week is 16,861,000. Across the week, the Breakfast time slot reaches a net 10,402,000 listeners (53 per cent), ahead of Drive-Time (8,211,000, 42 per cent), Morning (7,780,000, 40 per cent) and Afternoon (6,621,000, 34 per cent). More than seven in 10 radio listeners tune in during multiple different time slots in a seven-day period: 38 per cent listen at two different time slots and 31 per cent listen during three or more different time slots.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Bauer targets Southern Cross

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Original article by Jake Mitchell, Darren Davidson
The Australian – Page: 23 : 23-Nov-15

Bauer Media is believed to be considering a takeover bid for Southern Cross Media Group in order to diversify its Australian business. Bauer approached rival radio group Nova Entertainment in 2014, but Nova has ruled out a sale. Southern Cross Media’s network of metropolitan and regional radio stations accounts for the bulk of its revenue, and Bauer is said to be keen to reduce its reliance on revenue from magazines. Bauer is the leading player in Europe’s radio sector.

CORPORATES
BAUER MEDIA KG, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, SOUTHERN CROSS AUSTEREO PTY LTD, NOVA ENTERTAINMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, MACQUARIE GROUP LIMITED – ASX MQG, MACQUARIE MEDIA LIMITED – ASX MRN, ACP MAGAZINES LIMITED, HIT NETWORK, TRIPLE M CORPORATION PTY LTD, TEN NETWORK HOLDINGS LIMITED – ASX TEN, ILLYRIA PTY LTD, AUSTRALIAN RADIO NETWORK PTY LTD, APN NEWS AND MEDIA LIMITED – ASX APN, NEWS CORPORATION – ASX NWS, KIIS1065, SMOOTHFM, ALLAN GRAY AUSTRALIA PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, WIN CORPORATION PTY LTD

Bauer takes a Nova approach to sector entry

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Original article by Dominic White, Max Mason
The Australian Financial Review – Page: 26 : 12-Oct-15

Germany-based Bauer Media Group is said to still be keen to acquire commercial radio stations in Australia, after being rebuffed by Nova Entertainment in 2014. Bauer is believed to have made an indicative offer of about $A450m to acquire Nova, which is owned by Lachlan Murdoch. Bauer paid $A525m for ACP in 2012, and has since discontinued a number of print magazines.

CORPORATES
BAUER MEDIA KG, NOVA ENTERTAINMENT PTY LTD, ILLYRIA PTY LTD, ACP MAGAZINES LIMITED, DAILY MAIL AND GENERAL TRUST PLC, TEN NETWORK HOLDINGS LIMITED – ASX TEN, FOXTEL MANAGEMENT PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, SBS DISCOVERY RADIO, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Rivals roll up sleeves as Hamish and Andy lift Hit

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Original article by Michael Bodey
The Australian – Page: 7 : 30-Sep-15

Australian Radio Network executive Duncan Campbell has downplayed a rise in the ratings of the Southern Cross Austereo-owned Hit network. The drive-slot team of Hamish Blake and Andy Lee enjoyed a two per cent increase in ratings in four capital cities in the latest radio ratings survey. However, Campbell notes that Hit continues to have lower ratings than rival networks. Nova’s Paul Jackson notes that Hit has also been heavily promoting Hamish and Andy.

CORPORATES
SOUTHERN CROSS AUSTEREO PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, HIT NETWORK, AUSTRALIAN RADIO NETWORK PTY LTD, NOVA ENTERTAINMENT PTY LTD, KIIS 101.1, KIIS1065, TRIPLE M BUILDERS PTY LTD, 2DAY FM AUSTRALIA PTY LTD, MACQUARIE RADIO NETWORK LIMITED – ASX MRN, 3AW SOUTHERN CROSS RADIO PTY LTD, 2GB, ABC RADIO, 97.3 FM, MIX 94.5, MIX102.3, SMOOTHFM

Davis ready to take APN reins

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Original article by Max Mason
The Australian Financial Review – Page: 29 : 22-Jun-15

Australian Radio Network (ARN) CEO Ciaran Davis will succeed Michael Miller as CEO of parent company APN News & Media. ARN recruited Kyle Sandilands and Jackie Henderson for the rebranded KIIS radio station during Davis’s five-year tenure as CEO. Meanwhile, Miller will become executive chairman of News Corp’s Australasian division.

CORPORATES
APN NEWS AND MEDIA LIMITED – ASX APN, AUSTRALIAN RADIO NETWORK PTY LTD, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, KIIS1065, MIX-FM, 2DAY FM AUSTRALIA PTY LTD, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL