Corporate

The map on page 28 shows the Super Radio Network stations that ARN represent, but don’t differentiate them :thinking:

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These stations are represented by TRSN which is now owned by ARN. That is why they list these stations even though they are owned by SRN , and Star 104.5 Nova entertainment.

I guess if Nova entertainment were to sell Star 104.5, ARN would snap it up,. The same if the SRN came up for sale. New fm and 2HD would have to be excluded as there is too much overlap with Muswellbrook.where ARN owns Power and 2NM. Grant that owns Bay and Krock could purchase New fm and 2HD and use a similar programming arrangement that they have in place in Geelong ?

Actually 2HD would more likely to be a purchase candidate for SEN the more I think about it.

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The slide says “ARN Stations” and doesn’t differentiate between the ones they own and the ones they represent

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I could see that happening. It’s currently the only regional station that Nova owns, whereas all of their other stations are in metro markets.

Another “odd-one out” station that Nova owns is FiveAA in Adelaide, which I could see them sell it to Nine if they want to divest it. That way, Nine would own all of their radio stations in all 5 major capitals.

I would think that ARN would want to do it the other way around by acquiring 2HD & New FM, and then selling 2NM & Power FM to Grant. If Seven and HT&E were to merge, then ARN would have to sell off 2NM/Power FM anyway due to the “number of voices” rule.

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I find it interesting that Nova (then DMG) hung onto Star104.5.

Was this their way to try and emulate what ARN have done with CADA96.1?

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DMG originally kept Star104.5 and Hot91 when they sold the regional stations. My understanding is that Mac Bank didn’t want them because they would have been expensive stations and by already buying the Sea/Mix/2GO combos from RG Capital they would have had to sell them off anyway, most likely at a lower price than they’d have bought them for. This is different to how they treated other markets as they wanted to pick and choose which stations they kept in those markets.

DMG were keen to hold onto them as they were higher value stations which performed more similarly to their metro stations, but in terms of revenue and advertising. They only sold Hot91 because they had to sell either Hot91 or their half of 97.3 when they bought the Nova licence, and discussions to sell 97.3 fell over.

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Nova ent would not sell Star 104.5, it is the #1 station on the Central Coast.

I wonder in hindsight if they now regret selling off their regional network. Their old stations are now mostly owned by SCA, and their other competitor ARN now owns the Grant regional network.

If they want to try and match SCA / ARN for scale in the future they would need to buy out the SRN fm stations if and when they come up for sale.

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I think if i98 in Wollongong were to come up for sale in the event that Nine takes over WIN, then Nova should at least put their hat in the ring to try & acquire the station on what would be an interesting battle, as SCA & ARN would also be interested on acquiring the station.

If the Seven/HT&E merger were to happen & ARN has to sell a number of stations in a number of smaller markets as a result, then Nova should also put their hat in the ring on at least most of those as well.

This would be a good thing to remain that way, as they could maintain its own music log which would be lost if ARN were to acquire it.

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Yes it would end up on the same playlist as Wave fm.

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Nor does it list the metro stations they actually own either.

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I’m sure I read a couple of years ago that Nova were looking for buyers for Star 104.5 but couldn’t get an offer they thought high enough.

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He will commence from Monday 17th April.

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What happed to the current/previous CD?

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I’m expecting some more bigger changes at ACA following Grant’s resignation.

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David McClung will step into Taylor’s vacated role of Group Program Operations and Commercial Integration Director. He is currently Head of Programming for Melbourne’s Nova 100.

Sander Novak-Booth will take over from McClung as Program Director for Nova 100 from Southern Cross Austereo, where she was Content Director of National Shows. Novak-Booth’s will join Nova in January 2024.

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I wonder if this’ll actually result any any changes to the overall Nova product?

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I highly doubt it, it will continue to sound the same, and rate the same in the key markets.
They need to do something bold and differentiate between KIiIS and the Hit Network. Also widen their playlist from the same 20 new, and 20 throwbacks they play constantly on repeat.
Even Gold fish find Nova repetitive.

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