APN and Clear Channel are “both happy shareholders”
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With Clear Channel’s much publicised sell-off in the United States to private equity firms there has been speculation that APN may seize the opportunity to buy American firm's half of the Australasian business to lift their own stake to 100%.
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OTHER RECENT STORIES:
RACV Financial Services wins best radio ad of the year
An advertisement for RACV Financial Services called “Disclaimer”, written by Paul Reardon and Julian Schreiber from Clemenger BBDO Melbourne, has won the 2008 Gold Siren award for best radio ad of the year, as well as a Silver Siren for winner of the single advertisement category. It is the second year in a row that Paul Reardon and also Clemenger BBDO in Melbourne have won the Gold Siren.
11 May 2008
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Queensland brings in most revenue for Mac Southern Cross: CEO Mark Dorney
Macquarie Media Group (MMG) CEO Mark Dorney gave an update to investors at the Emerging Leaders Conference, sponsored by Macquarie Capital Securities in Sydney today.
08 May 2008
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Consumption patterns changing: phones, internet and radio
Media consumption patterns are changing rapidly, with two recent reports giving some insights into new ways consumers are using telecommunications and the media. Media-rich lifestyles, multi-tasking, and a passion for the internet are the norm among 8-24 year olds in Australia. These on-the-pulse consumers are fitting 38 hours of activities into every 24 hour period.
11 May 2008
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Community TV stations pull out of CBAA
The Community Broadcasting Association (CBAA) has suffered another setback, with all but one of its community television members pulling out of the association.
11 May 2008
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Mix star still on air as producer takes the fall
When Sydney’s Daily Telegraph (excellent journal that it is) put the boot into Mix 106.5’s Todd McKenney after he was allegedly found unconscious from a drug overdose in a Sydney park, station management stood by him. It was morally and ethically the right thing to do. Like all of us, McKenney is entitled to the presumption of innocence.
If Nine or any other advertiser had pulled their ads from Mix at that stage, ARN management would have had little option but to stick by their decision to stick by Todd. But Nine waited a whole week before citing a benign sketch that went to air lampooning their news reader Mark Ferguson as reason enough to cancel a $1million ad schedule. And that’s when the poop really hit the deck at ARN. Ethics is one thing, cash is another.
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Latest update: 12 May 2008
Hello, hello, hello, Stephen Bugg, is leaving the radio industry to join the police force. He was music director and jock at Sea FM Hobart.
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