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APN

ARN has a new CEO

Thursday 09 March, 2017

Rob Atkinson will replace Tony Kendall as CEO of the Australian Radio Network in a series of changes in the APN News & Media executive team. 

ARN finishes 2016 strongly

Wednesday 22 February, 2017
APN News & Media Limited has released its results for the 12 months ending 31 December 2016 with ARN performing well.

It recorded an increase in revenues by 2 per cent to $225.3m, albeit behind market growth, a 4 percent increase on EBITDA to $86.1m and consistent ratings improvement in the second half of 2016, with a strong final survey 8.

That survey included ARN holding the #1 FM commercial stations in Sydney, Brisbane and Adelaide and the #1 and #2 commercial FM breakfast shows in Sydney.

APN shareholders approve sale of ARM

Friday 16 September, 2016

Shareholders have overwhelmingly voted in favour of the proposed sale of Australian Regional Media (ARM) to a subsidiary of News Corp.

99.94% of shareholders who voted (which excluded News Limited and its associates) voted in favour of the sale of ARM.

New appointment to the APN board

Wednesday 24 August, 2016

Ciaran Davis has been appointed to the APN board as an Executive Director (Managing Director) of the Company, effective immediately.

APN News & Media Chairman, Peter Cosgrove, said: “Ciaran has made a significant contribution to APN. He was promoted to the position of Chief Executive of the Company in August 2015 from his role as Chief Executive of APN’s Australian Radio Network (ARN). Since his appointment, he has led the Company through a phase of substantial transformation and strategic development.

APN to focus on radio

Wednesday 17 August, 2016

As foreshadowed by APN, and reported earlier this year on radioinfo, APN is off-loading its regional newspapers to concentrate on its 'growth assets' radio (ARN), outdoor and digital.
 

APN completes institutional entitlement offer

Friday 13 May, 2016

Following on from reports earlier this week, APN News & Media Limited announced today the successful completion of the institutional component of its fully underwritten 1 for 3 accelerated renounceable entitlement offer with retail entitlements trading (Entitlement Offer).

APN sees growth in radio and outdoor. Plans to merge NZ newspapers with Fairfax

Wednesday 11 May, 2016

APN and Fairfax have confirmed NZ merger plans following yesterday’s AGM, with APN extending a halt in trading on the stock exchange.

“APN and Fairfax have entered into exclusive discussions regarding the potential merger of their respective New Zealand businesses,” the firms said in a statement.

CEO Ciaran Davis has addressed shareholders outlining APN’s focus and priorities should the demerger go ahead.

APN reqests a halt to trading today

Monday 09 May, 2016

APN News & Media announced today a request to halt trading. In a Market Release, APN will recommence trading on Wednesday May 11th. The release states that the reason for the trading halt is "pending the release of an announcement concerning a potential material transaction by APN in relation to APN's New Zealand business, NZME."

More to come.

APN results: Breakfast and Drive key to success

Thursday 25 February, 2016

APN News & Media Limited  has released its full year results for 2015, posting a full-year loss.

Group revenue was up 1% to $850.0m (down 1% on a constant currency basis), but APN's radio operations were the best performers in the company portfolio.

The company says it plans to sell its regional newspapers to improve profits.

Financial highlights include:
 

Australian radio is the most innovative in the world: Ciaran Davis

Monday 14 September, 2015

Ciaran Davis has recently stepped into the top job as CEO of APN, and last week he passed the baton for his old job to Tony Kendall, who will replace him at the helm of the Australian Radio Network.
 
Kendall was previously Director of Sales at Bauer Media, and before that he held a range of senior commercial management roles at News Corp Australia.
 
radioinfo spoke to Ciaran Davis about his new role and about Tony Kendall’s appointment.
 

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