Radio News

Arthur Laundy emerges as surprise buyer of Nine Radio stations

The Daily Telegraph reports: Nine Radio is set to be sold to a consortium bankrolled by hospitality billionaire Arthur Laundy as early as Friday morning. The hospitality billionaire emerged as the surprise buyer on Thursday night, having stayed under the radar amid months of rampant speculation about the future of the radio network.

The likes of sports media heavyweight Craig Hutchison and veteran adman John Singleton had been considered the favourites to take over assets that include Sydney’s 2GB and Melbourne station 3AW. A source told The Daily Telegraph negotiations were last night ongoing but an announcement to the ASX was imminent, with the Laundy bid all but certain to prevail.

One of Australia’s richest men, Mr Laundy, 84, is said to be worth about $1.75bn. While the sale price remains unclear, rumours had suggested Nine was asking for roughly $50m.

Nine acquired the network previously known as Macquarie Media in 2019 after taking over Fairfax Media.
The network also includes 4BC in Brisbane and the 6PR station in Perth.

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SCA Announces New Appointments

SCA has announced a series of senior national content appointments across the Hit Network. Ellie Angel-Mobbs (pictured) has been appointed HIT Network Assistant Content Director – Operations & Announcer. Tim Lee has been appointed HIT Network Assistant Content Director – Creative & Announcer. Kiri Martin has been promoted to HIT Network Senior Music Director / Event Partnerships & 2DayFM Assistant Content Director.

Nova’s New Changes

Nova has confirmed a major national realignment of its on-air lineup. Beginning on Monday February 9, Fitzy & Wippa with Kate Ritchie will move out of Sydney Breakfast and into national Drive. Under the new structure, the Ricki-Lee Coulter and Tim Blackwell show will take over Breakfast, replacing the current Fitzy & Wippa and Kate Ritchie team, while Joel Creasey is expected to shift into a full-time role at Nova Perth, leaving the Sydney show.

rise 96.5 – Same sound. Same heart. Same hope. New name.

Brisbane’s own long-standing Christian radio station 96.5, has unveiled its new name and brand identity: Rise 96.5. The station was birthed in Brisbane on the FM dial almost 30 years ago. (on air team pictured above)