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Radio is magic, digital is maths, both are important: ARN's Ciaran Davis

Thursday 14 May, 2020

Like so many others around Australia, ARN CEO Ciaran Davis is working from home for at least part of his week during the COVID 19 pandemic. He speaks to Steve Ahern about the priorities of the company and the effect of the virus on the business.

 

With a background of shelves containing books about negotiation and innovation, Ciaran Davis is quick to answer the question whether he has ever seen anything like this pandemic in any other businesses he had ever worked.

HT&E in a strong position despite the ravages of COVID19

Thursday 07 May, 2020

ARN shareholders have been delivered some sobering, though not unexpected, news at the 2020 HT&E AGM being held online this morning.

HT&E picks up a stake in oOh!media

Thursday 09 April, 2020

Here, There & Everywhere has bought into outdoor advertising business oOh!media, picking up at least 11million shares.

HT&E owns the Australian Radio Network (ARN), and its brands, which include the KIIS Network, Pure Gold Network, iHeartRadio, The Edge96.One and Mix106.3 Canberra.

oOh!media notified the ASX and its shareholders that HT&E has bought a 1.8% stake in the company.

Good result in a challenging market: HT&E annual report

Teacher’s Pet creator joins industry leaders at Radio Alive 2019

Monday 09 September, 2019

Hedley Thomas, who investigated, co-produced and presented the hugely successful The Teacher’s Pet podcast series, will be a keynote speaker at the 2019 Radio Alive national conference.

Radio revenue softer for HT&E in the first half of 2019

Wednesday 14 August, 2019

HT&E has released its half yearly report, showing a 4% decrease in revenue, partly attributed to a softer radio market in Australia.
 
ARN revenue declined by 3.8% year on year to $115 million with a poor result in the first quarter before an improvement early in the second quarter and then a softening in May and June.
 

Commercial radio revenue is down by over $5 million

Monday 13 May, 2019

Commercial radio metropolitan advertising revenue declined by 2.6% to $181.612 million in the March quarter compared to $186.518 million in the same period a year ago, according to data compiled by Deloitte and released today by Commercial Radio Australia.
 
Ad revenues fell slightly across all five major capital city markets in the quarter, in line with softening economic conditions.
 

HT&E up by 3.5%, but warn of a slower 2019

Thursday 09 May, 2019

HT&E have presented their annual report showing their radio revenue grew by 3.5% in 2018, despite slowing in the 2nd half of the year.

ARN’s revenue of $235.5 million was up by 3% on the previous year, but a 14% increase in operating costs to $30.8 million meant an EBITDA net increase of just 1% to $80.5 million.

'Rumblings' of HT&E management buyout 'untrue' says Ciaran Davis

Thursday 02 May, 2019

ARN CEO Ciaran Davis has told radioinfo that an article* in The Australian yesterday, speculating about a management buyout of HT&E is untrue.

HT&E financial results highlight "radio's resilience"

Thursday 14 February, 2019

Here, There and Everywhere (HT&E) - best known to those in radio as ARN's parent company has released its full year report for the 12 months ending 31 December 2018.

 

Australian Radio Network

  • Radio market grew 3.5% in 2019; 5.9% in H1; 1.3% in H2

  • ARN revenue growth of 3% to $235.5m

  • EBITDA up 1% to $84.6m, margin maintained at 36%

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