Latest Media News

ARN Media faces a legal challenge from Kyle Sandilands and his companies, disputing the termination of his contract with KIIS 1065 Sydney. The case, filed in the Federal Court, raises questions about misconduct claims and contractual obligations.

ARN Media has terminated its contract with Kyle Sandilands and Quasar Media following serious misconduct during a February broadcast, ending the Kyle and Jackie O show.

ARN Media has terminated Jacqueline Henderson's contract following her refusal to work with Kyle Sandilands, who is suspended amid serious misconduct allegations. The future of the Kyle and Jackie O show hangs in the balance.

Vinyl Group has announced the acquisition of Val Morgan Digital for $10.5 million, significantly expanding its digital media assets and audience reach. This move positions Vinyl as a leading player in Australia’s Adaptive Media landscape with promising financial prospects.

ARN Media Limited reported a 10% revenue decline in FY25 alongside a strategic reset focusing on digital transformation and cost savings. Leadership changes and improved cash flow underpin the company’s pivot to a digitally driven entertainment model.

NZME Limited has reported a significant turnaround in 2025, posting a statutory net profit after tax of NZD 13.1 million and a 15% increase in operating EBITDA, underpinned by strong digital revenue growth across its divisions.

Southern Cross Media Group announces a significant reshuffle in its executive leadership following its recent merger, with CEO Jeff Howard stepping down and a global search underway for his successor.

News Corp will temporarily halt conversions between its Australian and US securities registers around the March 2026 dividend record date to ensure equal treatment of shareholders.

Sports Entertainment Group Limited reported a robust half-year ending December 2025, with revenues climbing 28% and underlying EBITDA soaring 78%, driven by strong media and complementary services growth. The company also finalised its Perth Wildcats divestment, boosting cash reserves.

Seven West Media’s H1 FY26 results align with guidance, showing resilience in a declining TV advertising market and strong digital growth.

News Corporation reported a 4% revenue increase to US$4.506 billion for the half-year ended December 2025, while net income declined 9% to US$305 million. The company declared an interim dividend and continued its stock repurchase program amid mixed segment performances and ongoing legal challenges.

News Corporation reported a 6% rise in Q2 FY2026 revenues to $2.36 billion, driven by strong performances in Dow Jones, Digital Real Estate Services, and Book Publishing. Despite a 21% fall in net income due to prior year one-offs, the company is optimistic about AI partnerships and accelerating share buybacks.