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Grant Broadcasters

From Wikipedia, the free encyclopedia
Australian radio company
For the former American media company, seeGrant Broadcasting.
Grant Broadcasters
IndustryRadio
Founded1942
FounderWalter Grant
Headquarters,
Australia
Area served
Regional Australia
Key people
Alison Cameron (CEO)
Revenue$101 million (2021)
$36 million (2021)
OwnerGrant family
Number of employees
700 (2021)
SubsidiariesSee below
Websitewww.grantbroadcasters.com.au

Grant Broadcasters is an Australian regional radio network. Founded in 1942, by 2019 it owned 53 radio stations. In 2022, it sold 46 toHere, There & Everywhere, retaining shareholdings in seven inCanberra,Geelong,Goulburn andPerth.

History

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Grant Broadcasters was founded by Walter Grant in 1942 when he bought2DU inDubbo. In 1972, a shareholding in2ST inNowra was purchased followed in 1979 by 2PK inParkes and in 1982 2MG inMudgee. In 1986, 2DU, 2PK and 2MG were sold with full ownership taken of 2ST. Over the next three decades, the company expanded through acquisition, purchasing radio stations in allstates and territories of Australia, owning 53 stations by November 2021.[1][2] In November 2021, Grant Broadcasters agreed terms to sell 46 stations toHere, There & Everywhere (HTE).[3][4][5] The deal was finalised on 4 January 2022, with HTE integrating the stations purchased into itsARN Regional business.[6] As part of the sale, Grant Broadcasters took a 12% shareholding in HTE.[7]

Radio stations

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Grant Broadcasters owns three radio stations outright:[8]

It also owns 50% in five stations in ajoint venture withCapital Radio Network.[8]

Investments

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References

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  1. ^Media interests Grant BroadcastersAustralian Communications & Media Authority 15 April 2019
  2. ^The Grant Story Grant Broadcasters
  3. ^HTE buys Grand Broadcasters and will merge it with ARN networkMediaweek 12 November 2021
  4. ^ARN's parent company acquires Grant BroadcastersMumbrella 12 November 2021
  5. ^HT&E to acquire Grant Broadcasters for $307.5mArchived 2021-12-03 at theWayback MachineLending Association 12 November 2021
  6. ^"Grant Broadcasters sale completed".Radio Today Australia. 5 January 2022.
  7. ^abHT&E completes acquisition of Grant BroadcastersHere, There & Everywhere 4 January 2022
  8. ^abMedia interests Grant Broadcasters Australian Communications & Media Authority 8 February 2022

External links

[edit]
Canberra
Geelong
Goulburn
Perth
Investments
1Joint venture withCapital Radio Network
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