Radio Today

APN to make further announcements today

The parent company of ARN and TRN, APN News and Media, have today confirmed in a statement to the market, that there has been a request for a General Meeting made.

The meeting is to consider resolutions for the removal of directors Peter Hunt, Melinda Conrad, John Harvey, Kevin Luscombe, John Maasland and CEO and director Brett Chenoweth (pictured).

You can see the announcement to the market below.

Last week one of APN's largest shareholders, Ireland's Independent News and Media called for the removal of CEO Brett Chenoweth saying that had lost confidence in his ability to "implement the strategic initiatives necessary to reposition APN for the more challenged media landscape that has emerged in Australasia".

Today, Simon Marais, who runs fund manager Allan Gray, a 19% shareholder in APN, has confirmed that he wants the directors replaced. Speaking to The Australian, Marais said;

“It’s better that they go because it’s a silly thing to do (a capital raising). The important thing to do is turn the business around and get it fixed”

The rest of this afternoon will be intriguing, with APN advising there are further announcements to come today.

Published on Published on Monday, 18 February 2013 14:30

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Adelaide Advertisers

1. Harvey Norman Harvey Norman Holdings Ltd
2. Coles Coles Group Ltd (Wesfarmers Ltd)
3. Puratap Puratap Pty Ltd
4. Radio, It's A Love Thing Campaign Commercial Radio Australia Ltd
5. Woolworths Woolworths Ltd

Brisbane Advertisers

1. National Tiles National Tiles Co Pty Ltd
2. Harvey Norman Harvey Norman Holdings Ltd
3. Strong Choices For Queensland Campaign State Of Queensland (QLD Treasury & Trade)
4. Coles Coles Group Ltd (Wesfarmers Ltd)
5. Radio, It's A Love Thing Campaign Commercial Radio Australia Ltd

Central Coast Advertisers

1. Harvey Norman Harvey Norman Holdings Ltd
2. Domayne Harvey Norman Holdings Ltd
3. My Local Auction My Local Auction
4. beyondblue Anxiety & Depression Awareness (ADA) Beyond Blue Ltd
5. Central Coast Motor Group Central Coast Motor Group

Gold Coast Advertisers

1. Harvey Norman Harvey Norman Holdings Ltd
2. Domayne Harvey Norman Holdings Ltd
3. Inspirations Paint Inspirations Paint Store (Holdings) Ltd
4. Radio, It's A Love Thing Campaign Commercial Radio Australia Ltd
5. Hyundai Hyundai Motor Company Australia Pty Ltd

Melbourne Advertisers

1. Palmer United Party Palmer United Party
2. National Tiles National Tiles Co Pty Ltd
3. Harvey Norman Harvey Norman Holdings Ltd
4. Australian Labor Party Australian Labor Party
5. Coles Coles Group Ltd (Wesfarmers Ltd)

Newcastle Advertisers

1. Domayne Harvey Norman Holdings Ltd
2. Harvey Norman Harvey Norman Holdings Ltd
3. Joyce Mayne Harvey Norman Holdings Ltd
4. Nobby Kitchens Nobby Kitchens
5. PETQuarters Spruce Retail Pty Ltd

Perth Advertisers

1. Harvey Norman Harvey Norman Holdings Ltd
2. Coles Coles Group Ltd (Wesfarmers Ltd)
3. Radio, It's A Love Thing Campaign Commercial Radio Australia Ltd
4. Woolworths Woolworths Ltd
5. ABC Blinds & Awnings ABC Blinds

Sydney Advertisers

1. Harvey Norman Harvey Norman Holdings Ltd
2. Coles Coles Group Ltd (Wesfarmers Ltd)
3. Radio, It's A Love Thing Campaign Commercial Radio Australia Ltd
4. Woolworths Woolworths Ltd
5. Brydens Brydens

 

Canberra Ratings

1 104.7 17.3 (17.5) SCA
2 Mix 106.3 16.8 (15.9) SCA
3 ABC666 16.4 (15.6) ABC
4 triple j 10.0 (10.3) ABC
5 Classic FM 8.2 (10.2) ABC
6 Radio National 7.6 (6.9) ABC
7 2CC 7.0 (6.6) Capital
  • 10+ overall share Mon-Sun, Survey 2/2014
  • GFK

Gold Coast Ratings

1 Gold FM 14.3 (15.0)* SCA
2 Hot Tomato 14.1 (13.9)* HT
3 Sea FM 9.5 (8.8)* SCA
4 triple j 9.4 (7.6)* ABC
5 ABC 91.7 FM 6.7 (6.6)* ABC
6 ABC612 3.3 (4.2)* ABC
7 ABC FM 2.9 (2.2)* ABC
  • 10+ Overall Share Mon-Sun, Survey 3/2014
  • * previous survey

 

Brisbane Ratings

1 97.3FM 13.0 (13.0) ARN
2 Nova 106.9 12.9 (11.5) NovaEnt
3 ABC612 9.4 (11.5) ABC
4B1059.0(8.6)SCA
5Triple M8.7(9.6) SCA
6triple j8.0(8.4) ABC
7 4KQ 7.5 (7.6) ARN
  • 10+ share Mon-Sun, Survey 7/2014 (GfK)

Perth Ratings

1 Mix 94.5 14.5 (13.6) SCA
2 Nova 93.713.5 (13.6) NovaEnt
3triple j 10.4(9.7) ABC
4ABC720 9.6(10.1) ABC
5 96FM 9.4 (10.7) Fairfax
6 6PR 8.5 (9.6) Fairfax
7 92.9 8.4 (7.4) SCA
  • 10+ share Mon-Sun, Survey 7/2014 (GfK)

Auckland Ratings

1 Newstalk ZB 13.4 (13.0) TRN
2 Coast  9.6 (8.1) TRN
3 The Edge 7.8 (6.0) Mediaworks
4 The Breeze 7.0 (6.5) Mediaworks
5 Classic Hits 6.7 (5.9) TRN
6 ZM 5.9 (5.6) TRN
7 Mai FM 5.2 (4.3) TRN
  • 10+ share, Survey 1/2014

Christchurch Ratings

1 Newstalk ZB 17.0 (16.1) TRN
2 More FM 10.7 (11.8) Mediaworks
3 The Breeze 10.2 (8.8) Mediaworks
4 The Rock 9.0 (10.3) Mediaworks
5 The Edge 6.9 (6.5) Mediaworks
6 The Sound 6.0 (6.4) Mediaworks
7 Classic Hits 5.7 (5.7) TRN
  • 10+ share, Survey 1/2014

Wellington Ratings

1 NewstalkZB 15.3 (10.5) TRN
2 The Breeze 13.7 (14.6) Mediaworks
3 ZM 11.3 (12.4) TRN
4 The Sound 7.5 (7.1) Mediaworks
5 The Rock 7.4 (8.3) Mediaworks
6 The Edge 6.6 (8.3) Mediaworks
7 Coast 5.7 (4.6) TRN
  • 10+ share, Survey 1/2014

Newcastle Ratings

1 KOFM 15.3 (15.3)* SCA
2 ABC1233 11.9 (11.1)* ABC
3NXFM 11.6(9.7)* SCA
4New FM10.0(9.3)*BOG
5 triple j 9.9 (10.8)* ABC
6 2HD 9.8 (10.3)* BOG
7 Classic FM 3.9 (4.7)* ABC
  • 10+ Overall Share Mon-Sun, GfK Survey 3/2014

 

Adelaide Ratings

1 Mix 102.3 14.6 (15.2) ARN
2ABC891 11.3(12.2) ABC
3Nova 91.9 11.8(11.8)NovaEnt
4 FIVEaa 11,2 (11.1) NovaEnt
5 Triple M 9.0 (9.1) SCA
6hit107/SAFM8.3(8.5) SCA
7 Cruise 1323 7.6 (7.8) ARN
  • 10+ share Mon-Sun, Survey 7/2014 (GfK)
  • hit107 on-air Oct 20, was SAFM

Wollongong Ratings

1 I98 23.8 (28.5) WIN
2 Wave FM 16.0 (17.3) GRANT
         
  • 10+ Overall Share Mon-Sun, Survey 1/2014
  • IRIS Research

Central Coast Ratings

1 Sea FM 17.7 (12.4) SCA
2 2GO FM 13.2 (17.5) SCA
3 Star 104.5 11.4 (14.3) NovaEnt
4 ABC 92.5 10.7 (9.9) ABC
5 2GB 9.8 (8.9) MRN
6 Triple J 5.8 (5.2) ABC
7 WSFM 2.8 (0.7) ARN
  • 10+ overall share Mon-Sun, Survey 1/2012
  • Nielsen Media Research

Albury Ratings

1 Star FM 22.9* (22.7)** SCA
2 The River 20.7* (27.0)** SCA
3 2AY 16.6* (11.9)** ACE
4 ABC Local Radio 14.0* (11.2)** ABC
5 Triple J 9.9* (4.2)** ABC
6 Radio National 2.2* (1.6)** ABC
  • 10+ overall share Mon-Sun, Survey 1/2014
  • * Xtra Research/ ** Nielsen 

Melbourne Ratings

1 3AW 12.2 (13.6) Fairfax
2 ABC 774 11.6 (11.0) ABC
3 Fox FM 8.5 (7,8) SCA
4Nova 100 7.8(7.3)NovaEnt
5Gold 7.2(7.6)ARN
6smoothfm 91.5 7.2(6.4)NovaEnt
7Triple M6.7(7.1) SCA
8 Mix101.1 6.0 (5.8) ARN
  • 10+ share Mon-Sun, Survey 7/2014 (GfK)

CompanyStock IDPriceChange
Southern Cross Media
SXL
1.01
1.00%
Fairfax Media Group
FXJ
0.740
0.00%
Macquarie Radio Network
MRN
1.22
3.39%
Pacific Star Network
PNW
0.305
1.67%
APN News & Media
APN
0.765
0.66%
Oceania Capital
OCP
1.27
0.00%
Ten Network
TEN
0.245
0.00%
Seven West Media
SWM
1.58
-0.94%
Seven Group Holdings
SVW
5.97
-3.24%
Nine Entertainment
NEC
2.01
-0.50%
Prime Media Group
PRT
0.865
-1.70%