ARN acquisition of Southern Cross Austereo (pending approval)

Exactly - KIIS is now an entirely networked station across the east coast.

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Im not pretending that at all, my point is that the only way commercial is going to survive is huge conglomerates.

Both are evil in the eyes if real radio listeners, but Noone wants them to fail, I saw the mergers as a good thing, more formats, maybe finding a home for those who feel neglected by mainstream commercial radio, but its not sustainable in its current form where there is only one station on most metro FMs not being a CHR/Top 40.

Its not sustainable.

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Agreed. My money is on they wanted out because the medium is all but dead and they dont want to take investment money and piss it away when it all goes under, and it probably took someone with that knowledge of the industry to say. “Hey the internet is stealing our lunch” and then Ancorage would reply “nope lets find a better investment”

Lets be honest, I used to be a huge proponent of the industry, but now and with recent events, its clear that its dead and the only ones that will survive are the ABC(due to government funding) and community radio as it has localism

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Realistically, not a great deal has changed in a broad context since the deal was announced - If they were to reject an offer to participate in such a deal this would make sense, but to have agreed to an arrangement with ARN and then pull out suggests that there is an issue with the terms of the deal specifically rather than it being about the industry at large.

I’d suggest they’ve seen something completely unexpected or that doesn’t align with what they were originally told that has a material impact on the outcome

Are you choosing to ignore the fact the deal has actually fallen over?

Just because dates were set, announcements prepared, and meetings booked doesn’t mean it’s in the bag.

I thought there was a good chance it would happen, but was never a definite. Especially as time dragged on.

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I agree completely with this. I was hoping all the same things.

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Obviously I’m not ignoring that it fell through hence why I was asking about members differing sources and information and how they weren’t similar information at all.

The thing is, even people working in a company often have very little idea of what’s going on at the top. If you’ve ever worked in the corporate world you know that often middle management and sometimes even senior management are kept in the dark. I’ve been in fairly senior roles in corporates and been in similar situations.

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Nobody thinks anchorage was buying this for anything but parts. That’s not what they do

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Arn only wanted SCA for 1. Triple M sport 2. Networking capabilities

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It seems as though no one wants the regional TV assets.

Maybe ARN should try Bauer in a separate takeover offer, but they’ll need to figure out what to do with the regional TV stations that are not profitable.

If this deal really is dead, I do wonder what this means for ARN’s strategy for KIIS nationally. Does it really make sense to blow up 97.3 like they’ve just done and make it a CHR station in Brisbane if they don’t have Triple M as well? KIIS97.3 could very well not succeed against B105 and Nova so where does that leave them in the Brisbane market? Worse off than when they had a successful AC format 97.3

In my opinion it only made sense to KIISify 97.3, Mix 102.3 and one of the Perth stations if they had a complementary Triple M network nationally.

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Alwayslistening, why are you being so aggressive? And if you say you aren’t, you’re kidding yourself.

I was looking forward to the deal happening. Australian radio, as it currently stands, is boring and stale. It needed a shake-up, and I think this was the thing to do it. ARN will hopefully come up with another solution.

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Stale is an understatement. I go more for a word like dead, except community and the ABC

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I don’t think this is the end of consolidation for the radio industry. There will most likely be a Plan B for this takeover and other mergers taking place over the next 5 years.

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This is such an insipid comment, Australian radio is the best in the world, have you listened to the dreadful corporatised nationalised US radio networks? Or the UK ones which all have become national and extremely safe? You don’t know what you have.

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The amount of dross out there really hides some of the better stuff - doesn’t help that there is little impetus to do little more then phone it in for many markets.

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its personal opinion. I believe, and I agree with it

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To be honest, that is the perfect word to describe SCA’s current output.

Yes, there are still some hidden gems in Australian radio, moreso in the community space, but a lot of it is stale and repetitive particularly in commercial radio, especially in regional areas where whole genres and eras of music can lack representation.

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I’d say all commercial is getting like that now. I cant even listen for over an hour as its so vapid and stupid not to mention the stupid crap that goes on, and there are some in the community space like this too and sometimes their errors are even more egregious, such as the recent 4AAA overmodulation problem. But I now see why the community ratings are alot higher.

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