ARN acquisition of Southern Cross Austereo (pending approval)

So because one business is owned by multiple people, they think this will exclude them from the rules in place? makes sense!

??

No, each business is separate and owns 2 stations each, so no breach of the 2 station rule. Eg. In Melbourne

ARN own Triple M and KIIS
ACP own Gold and Fox

Donā€™t know how else to explain it.

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Interesting that ARN wants to have the two lesser-performing Melbourne stations (3MMM and KIIS101.1).

Iā€™d rather keep Gold and Fox.

Thatā€™s unless ARN rip out the talent as well.

Surely ACCC or similar could intervene if ARN are simply going to shift Christian Oā€™Connell and Fifi, Fev & Dave over to 3MMM and KIIS and leave nothing for Anchorage.

From a business perspective, thatā€™s a bit unfair.

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Maybe they think K&J are going to transform KIIS Melbourne into a massive success :roll_eyes:

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The ACCC would have absolutely zero interest in that. Less than zero. Thatā€™s between ARN and Anchorage in terms of their own agreements as part of the bid.

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Why? Thatā€™s exactly what Austereo did in the 90ā€™s when they purchased PMFM 92.9 and 94.5 from Jack Bendat. They gutted 96.1 Triple M and shifted much of their talent, primarily to 92.9. It is what it is. :man_shrugging:t2:

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I might have missed something, but Iā€™m surprised Nova Entertainment hasnā€™t had anything to say on this proposed deal, at least publicly, given their joint ventures on KIIS 97.3 and Nova 93.7.

Thereā€™s probably not much they can do about it of course, but it does alter the competitive environment they operate in. Assuming ACP arenā€™t going to be really ā€œhands onā€ or even kind of ā€œcooperateā€ with ARN it leaves Nova as a much more minor player in metro radio by comparison.

I do kinda get the feeling NE are a bit checked out at the momentā€¦ Maybe theyā€™re also looking to offload/exit.

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NE might look at expanding the Smooth brand into some regional markets, if ACP were willing to sell of course.

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Nothing has officially happened yet, so itā€™s very unlikely anything would be said until that happens, at least. And even then, no guarantee anything would be said publicly, as itā€™s a private business arrangement, even if the businesses are in the public eye.

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The Listnr name needs to change. Itā€™s a dog of a name, terrible, terrible decision made by people who personify the meaning of ego exceeding aptitude.

Grant Blackley used to boast that unlike others, SCA owned the IP, they had full control to tweak and improve the app. Mustā€™ve cut all the R&D, research teams as the app remains far from perfect.

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yet ARN will immediately flip to Listnr, itā€™s not great but itā€™s well known now.

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can you imagine the brainstorming ā€œThat Grindr is a popular appā€¦ lets use the same style of spellingā€

Reality is most people spell it the right way and wonder why they cant find it

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What will happen to ARN new North Sydney Studios that WS-FM and KISS 106.5 recently moved into?

You type ā€œlistenerā€ into a search engine and the first result is Listnr anyway. So they appear to get away with the branding given the SEO works.

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Names can be changed - the advantage of moving to listnr is that they will own it (or at least part of it), unlike their current platform that theyre currently licencing and subsequently have some control over the destiny of the platform.

ARN have made no secret of the reality that their iHeart deal is expensive

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ARN seem to have a track record of making expensive deals and later regretting them, hey.

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Nothing. WS will go and MMM will move in eventually.

So if ARN ends up with KIIS and MMM, weā€™d see Christian on breakfast in Sydney and Melbourne, Kyle and Jackie O obviously.

Would the new company running Gold/HIT stations presumably keep their talent and maybe transfer some who donā€™t get carried over with ARN? Iā€™d imagine itā€™d be a very paired down network with more networking, which of course is a bad thing for the industry, in fact the whole deal sounds awful for jobs.

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Not necessarilyā€¦ more likely weā€™ll see Jonesy and Amanda on Triple M, but possible that ACP will take them and keep them on WSFM and we still have Mick & MG on Triple M under ARN.

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