Controversial radio broadcaster Alan Jones may be on the move, with recent murmurings suggesting the Murdochs may make a play for Jones, B&T believes.
Jones’ employer, Macquarie Media, was previously controlled by Fairfax Media, which was sensationally acquired by Nine last year.
Macquarie Media is currently dealing with shareholder challenges, while also negotiating a new contract for Jones.
However, once resolved, it is possible there will be a major media overhaul, one that would see the creation of two major media companies in Australia that have a more consistent political portfolio.
Across the media industry, there are talks of a straight asset swap.
This would see Lachlan Murdoch’s Illyria transferring its assets in the Nova FM radio stations to Nine, in exchange for Nine’s ownership of AM radio stations, which would include Jones and Ray Hadley’s 2GB in Sydney and Neil Mitchell’s 3AW in Melbourne.
B&T believes it has also been discussed by senior News Corp execs, but that a deal won’t be happening any time soon.
According to last year’s annual report, Macquarie Media posted an underlying net profit, after tax, of $21.5 million.
Revenue was $136.3 million, which is up four per cent from a year earlier.
Following last year’s Fairfax deal, Nine now owns 54.5 per cent of Macquarie Media.
The rest of the shares are mostly held by John Singleton and corporate adviser Mark Carnegie.
Singleton has made it known he is interested in selling, while Nine suggested it wanted full ownership of Macquarie Media, just not at current prices.
Influencers are a key factor in helping Generation Z make beauty purchases, but their influential power drops when it comes to all other women, Are Media’s first BEAUTYVOICES consumer survey has revealed. Sampling beauty products is the most successful form of marketing likely to drive purchase for all women aged 18 to 74, followed by […]
New Zealand’s Anchor Dairy has switched strategies for its 2020 Christmas campaign, with the company this year drawing attention to the need to give during the festive season. The Fonterra-owned company is encouraging Kiwis to fundraise for the New Zealand Food Network, following the release of research that showed one in five people risk going […]
The ‘It’s Your Energy’ campaign, delivered via Icon Agency, encourages Victorians to take advantage of recent energy reforms and ensure they’re getting the best deal possible. Essential Services Commission, the regulatory body for Victorian energy and gas, water, local government, and transport sectors, has engaged Icon Agency to develop an integrated communications campaign to help […]
In the insurance company’s latest campaign, NRMA Sleeper depicts a road trip, like any other, except everyone in the car is asleep, even the driver. Yet they arrive unscathed. According to production company FINCH, which is behind the work, the spot dreams up a world where cars drive themselves to remind us that until they […]
Children’s cancer charity, Bailey’s Day, has teamed up with full-service international communications agency Noisy Beast to launch ‘The Big-Hearted Bear’ campaign, voiced by Channel 9’s Livinia Nixon. Each year, Bailey’s Day hosts a charity golf day, auction and luncheon to raise funds for children’s cancer research at Monash Children’s Hospital, but with the COVID-19 pandemic, […]