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Michael Miller

Content creators must profit from the content they create: Joan Warner

Wednesday 13 February, 2019

Earlier this week we published Michael Miller's comments on Google's new strategy to deliver radio news on smart speakers.

He wasn't happy with the idea, saying that Google wanted to profit from radio news companies' journalism without paying for it.

Google's radio news plans alarming: News Corp's Michael Miller

Tuesday 12 February, 2019

Michael Miller knows news, and he knows radio.

He is now the Executive Chairman of News Corp and was previously the CEO of APN, which owns the Australlian Radio Network.

Miller is concerned by a new trend he sees happening in the emerging audio space.

Google is urging radio stations to format and bookmark their audio news content in a way that will enable the world wide search engine giant to slice and dice content to deliver it to its consumers in a way that suits their preferences.

Michael Miller resigns, Ciaran Davis appointed CEO of APN

Friday 19 June, 2015

Michael Miller has resigned as CEO of APN to join News Limited as Executive Chairman.

Ciaran Davis will replace him as CEO of APN. A recruitment process is underway for a new CEO for the Australian Radio Network to replace Davis.

The changes will take place from September 1st.

APN Chairman Peter Cosgrove said: 

APN revenues increase: market update

Wednesday 20 May, 2015

APN has updated the market on its latest trading results at an Investor Day held in Sydney today.

Year-to-date group revenues are 6% ahead 2014, with the key components of growth being increased NZME revenues and continued ARN growth. It is somewhat restrained due to decreased market conditions in Hong Kong, where group revenue has decreased 15% year-to-date.

Cost increases have been driven by ARN’s acquisition of 96FM Perth and investment into KIIS Melbourne, as well as integration costs at NZME.

APN reports growth in radio

Thursday 12 February, 2015

APN News & Media has recorded an Overall Net Profit of $15.2m in financial results released today, for the 2014 calendar year.

APN is the parent company of NZME and ARN, both of which improved their revenue from 2013.

While the Australian radio market grew 3% in 2014, ARN revenue grew 18% to $180.9m and EBITDA grew 14% to $66.5m. Its agency revenue grew 32% to $109.6m, reflecting improved 2014 ratings.

NZME Radio experienced 5% growth in revenue to $116.8m and 7% in EBITDA growth, which sits at $23.1m.

APN Interim Results: 'Our decision to back radio was right'

Wednesday 20 August, 2014

77% profit increase.

APN News & Media Limited today released its results for the six months ended 30 June 2014. Statutory net profit after tax was up 77% to $22.6m.

APN's acquisition of the remaining 50% of Australian Ratio Network (ARN) and The Radio Network (TRN) in February contributed significantly to this profit growth.

​Radio the rising star of APN portfolio

Sunday 11 May, 2014

Having bought out Clear Channel’s half share in ARN earlier this year, APN revealed the bigger picture to the Macquarie Australia Conference last Friday.

The presentation from CEO, Michael Miller showed that in a nine month period since August 2013 the company went from just 30% of its major assets fully owned to 75% now.

While publishing still represents 44% of the company’s revenue, Radio is not far behind on 42% and gaining.

Radio a key strategic asset for APN

Thursday 08 May, 2014

APN has released the results from its recent AGM, showing positive growth for the company, particularly in relation to its radio interests. 

APN buys out Clear Channel's share of ARN

Wednesday 19 February, 2014

APN News and Media Limited will acquire full ownership of Australian Radio Network and New Zealand's The Radio Network from U.S. joint venture partner Clear Channel Communications for $246.5 million.

The transaction will give APN 100% of "the largest network of radio stations in the trans-Tasman region."

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