Home / Business and Economy / Radio Stations Sold: Pub Baron Buys Media Empire
Radio Stations Sold: Pub Baron Buys Media Empire
29 Jan
Summary
- Nine Entertainment has sold its radio stations.
- Arthur Laundy is rumored to be the surprise buyer.
- Deal reached for stations like 2GB, 3AW, 4BC, 6PR.
Nine Entertainment has reached an agreement to sell its portfolio of radio stations. While the exact financial figures of the transaction remain private, confirmation of the deal was made on Thursday evening.
Speculation has been ongoing for several months regarding potential purchasers for these broadcasting assets. Among the stations included in the sale are prominent outlets like 2GB in Sydney, 3AW in Melbourne, 4BC in Brisbane, and 6PR in Perth.
Billionaire pub baron Arthur Laundy is rumored to be the surprise buyer in this significant media industry development. The stations are known for hosting popular shows, including Ben Fordham's top-rating breakfast program on 2GB.
