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Macquarie Media Limited

Singo sells out of Macquarie Radio

Wednesday 25 September, 2019

John Singleton has confirmed to the Australian Stock Exchange that he will sell his shares in Macquarie Media Limited to Nine Entertainment.

Singleton holds 55.3 million shares, which will now give Nine voting power over 87% of the company.

Alan Jones has also confirmed that he will sell his 1% stake in the company to Nine.

The other major shareholder, Mark Carnegie, has not yet confirmed whether he will accept Nine's offer.

Confirmed: Alan Jones has re-signed with 2GB

Tuesday 28 May, 2019

Macquarie Media Limited has just confirmed to radioinfo it has re-signed Alan Jones, the host of its 2GB Sydney and 4BC Brisbane breakfast radio programs, to a new two year contract which will commence on July 1st 2019 at the conclusion of his current contract.

In announcing the signing, MML Chairman Russell Tate said he was very pleased that Jones would continue to be an integral part of the Macquarie on-air team for at least another two years.

Fairfax and Nine Network to merge

Thursday 26 July, 2018
Fairfax Media, a half owner of radio company Macquarie Media Limited, has announced a proposed merger with the Nine Network.

Macquarie Media owns talk radio stations across Australia.

The merger is subject to regulatory approval, but if it gets the nod it will result in the creation of Australia's largest media company.

Fair Go, Sport. Macquarie needs a goal

Saturday 16 June, 2018

Brad Smart analyses the latest ratings for Macquarie Sports Radio in this opinion piece
 

Fairfax Media's radio revenue down slightly

Wednesday 16 August, 2017
Fairfax Media Limited has announced its results for the full year to June 2017.
 
The Fairfax Group delivered net profit of $142.6 million, up 8%, with earnings per share growth of 8.5%.
 
Group Operating EBITDA of $271 million was achieved from revenue of $1.73 billion.

Fairfax owns just over half the shares in Macquarie Media (54%) after merging its metro radio stations with 2GB and 2CH (which was recently sold).

Singleton makes formal bid for Fairfax radio assets

Saturday 17 June, 2017

John Singleton and Mark Carnegie have made a formal bid to buy out Fairfax Media's 54% stake in Macquarie Media.

The move comes as Fairfax shareholders consider offers for the rest of the company from two foreign investors.

Fairfax takeover bids, where would they leave radio?

Thursday 18 May, 2017

TPG’s first offer for Fairfax Media was rejected, but the second bid is now being taken seriously by investors. A slightly higher bid by Hellman & Friedman is now also on the table.

TPG is an American investment fund, that has combined with other investors, most notably a Canadian teachers pension fund, offering first 95 cents per share, and now increasing the offer to $1.20 per share. Hellman & Friedman has offered 2-5 cents more per share.

‘Magic’ is not a Lifestyle

Monday 20 February, 2017

Opinion from Brad Smart

With Macquarie Media set to extend its Talking Lifestyle brand beyond 2UE, to Brisbane and Melbourne, Brad Smart analyses the possibilities for success.

 

 

2GB and 2CH have been added to the iHeartRadio Australia platform

Tuesday 06 September, 2016

ARN has announced Macquarie Media Limited’s 2GB and Magic 2CH stations have been added to the iHeartRadio Australia platform.

MML celebrates first birthday with two non-events

Sunday 03 April, 2016

2CH sale deadline passes, station not sold yet.

Last week Macquarie Media Limited (MML) celebrated its first birthday with two non-events.

The first was the non-sale of 2CH. The deadline, which had already been extended by the ACMA once, passed last Thursday, leaving Macquarie Media Limited the proud owners of not two but three stations in the Sydney market: 2GB, 2UE and 2CH. 

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