Airing 6.00-7.00pm Monday to Thursday and hosted by broadcaster Mark Levy, it will draw on the broad suite of talent from Nine’s Wide World of Sports to provide the latest news and commentary across the sports that Aussies love.

Greg Byrnes is joining Macquarie Media as Head of Content, effective tomorrow, and will be responsible for all on air content across Nine’s radio division.
 
Nine’s MD of Radio, Tom Malone, says, “Greg has a long and impressive career in media, and in particular radio, starting at 2XL Cooma in 1990.  He joined 2UE in 1993 and spent 17 years there most noticeably as News Director and Program Director.”
 

Nine has launched its vision for the NRL in 2020 promising an expanded and enhanced cross-platform presence for its radio, television, digital and publishing assets under the vision of “Your Footy, Your Way.”

Macquarie Media's National Executive Producer, Michael Thompson, will leave the company this Firday.

Michael started with 2GB on Ray Hadley's program before becoming his executive producer, and then 3 years ago moving into the national role overseeing the content across the news talk and sports talk formats.

Nine Entertainment has released its Annual Report to shareholders that has shown mixed results for the integrated media business.

In FY19, on a Pro Forma basis, the traditional Broadcasting business contributed just over half of Group revenue, down from 84% in FY18, marking a real change in the drivers of Nine for the future, and driven mainly from the merger with Fairfax Media.

Brisbane’s Courier Mail is reporting (subscription required) that 4BC is about to be relocated to Nine’s headquarters at Mt Coot-tha, and that not only will the move will take place before Christmas, it could involve redundancies.
 

The Australian is reporting (subscription required) that Mark Carnegie has agreed to sell his stake in Macquarie Media to Nine.

Nine Entertainment’s offer for the remaining shares in Macquarie Media has been deemed “fair and reasonable” to shareholders by independent expert PricewaterhouseCoopers.

A Macquarie Media company statement to the ASX says:

The Independent Directors of MRN unanimously recommend that, in the absence of a superior proposal and subject to the independent expert continuing to opine that the Offer is reasonable, you ACCEPT the Offer to purchase all of your MRN Shares for $1.46 cash per MRN Share.

Macquarie Media’s major independent shareholders, John Singleton and Mark Carnegie are reportedly ready to accept the bid from Nine Entertainment to acquire the remaining shares in the radio network.
 
According to the SMH, the pair are just waiting for an independent report from PwC to see if the offer is recommended.
 

Nine has released its FY19 results for the 12 months to June 2019 and on a Statutory basis, reported a Net Profit After Tax of $234m, up 12% on the previous corresponding period.
 
This is despite a downturn in earnings for Macquarie Media with radio revenue down by 3%, and a 6% reduction in TV revenue.
 
Macquarie Media released its FY19 results earlier this month. (see our earlier story).