Macquarie Radio Network Rebrands To Macquarie Media Limited

On Air sign in a studio broadcasting via radio, podcast or wireless transmission.

Macquarie Radio Network Limited (MRN) has announced that the corporate entity name has changed to Macquarie Media Limited, following a successful shareholder vote at the company’s annual general meeting held yesterday.

The merger of Macquarie Radio Network and Fairfax Radio Network (FRN) on April 1st this year provided an opportunity articulate a new ambition. The company name change is a significant symbol of the organisational change that has taken place as a result of the merger.

“MRN needs to keep evolving to capitalise on commercial opportunities in the media landscape and to fully realise the potential created by the merger. The name ‘Macquarie Media Limited’ sets our new ambition in a world where traditional media is only part of the puzzle whilst acknowledging the origins of our company,” Macquarie Media Limited executive chairman Russell Tate said.

“The merger of FRN and MRN has created a strong new business and the most significant News Talk radio company in Australia. Alongside this change, the media industry continues to evolve. Digital distribution channels mean that any legacy media business has the opportunity and requirement to innovate. Newspapers are no longer viable in print alone. Free to air television is being disrupted and the music industry was disrupted long ago. By contrast, radio has thrived on innovation. It has kept this industry vital from the invention of AM transmission and through to FM, DAB+ and the 21st century explosion online.”

The new logo features two interwoven letter Ms and incorporates the origins of each company with MRN’s corporate colour scheme of red and FRN’s blue.

Macquarie_Media_CMYK

The company’s Australian Stock Exchange ticker code will remain ‘MRN’ and the name change is effective immediately.




Please login with linkedin to comment

made with ed Naked Communications STW Group

Latest News

Sydney Comedy Festival: Taking The City & Social Media By Storm
  • Media

Sydney Comedy Festival: Taking The City & Social Media By Storm

Sydney Comedy Festival 2024 is live and ready to rumble, showing the best of international and homegrown talent at a host of venues around town. As usual, it’s hot on the heels of its big sister, the giant that is the Melbourne International Comedy Festival, picking up some acts as they continue on their own […]

Global Marketers Descend For AANA’s RESET For Growth
  • Advertising

Global Marketers Descend For AANA’s RESET For Growth

The Australian Association of National Advertisers (AANA) has announced the final epic lineup of local and global marketing powerhouses for RESET for Growth 2024. Lead image: Josh Faulks, chief executive officer, AANA  Back in 2000, a woman with no business experience opened her first juice bar in Adelaide. The idea was brilliantly simple: make healthy […]