{"id":17043,"date":"2026-01-29T23:59:32","date_gmt":"2026-01-29T23:59:32","guid":{"rendered":"https:\/\/microvibenews.com\/?p=17043"},"modified":"2026-01-29T23:59:32","modified_gmt":"2026-01-29T23:59:32","slug":"nine-sells-radio-stations-including-2gb-and-3aw-to-sydney-pub-baron-arthur-laundy-australia-news","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=17043","title":{"rendered":"Nine sells radio stations including 2GB and 3AW to Sydney pub baron Arthur Laundy | Australia news"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"dcr-130mj7b\">The nation\u2019s biggest media company, <a href=\"https:\/\/www.theguardian.com\/media\/channel-nine\" data-link-name=\"in body link\">Nine Entertainment<\/a>, has sold its talkback radio stations to a Sydney pub baron for $56m and bought outdoor advertising company QMS Media for $850m, in a major upheaval for Australia\u2019s media landscape.<\/p>\n<p class=\"dcr-130mj7b\">Nine Radio, which owns 2GB, 3AW, 4BC, 6PR, 2UE, Magic1278 and 4BH, has been offloaded as talk radio profits dwindle and the audience skews ever older.<\/p>\n<p class=\"dcr-130mj7b\">In a surprise move, the network was bought by billionaire Sydney publican Arthur Laundy, 85, who inherited two pubs in 1969 and grew them into a group of 40 venues worth $1.75bn <a href=\"https:\/\/www.afr.com\/property\/commercial\/the-pub-life-how-hotel-barons-keep-it-in-the-family-20250422-p5ltgs\" data-link-name=\"in body link\">according to the AFR\u2019s 2025 Rich List<\/a>.<\/p>\n<p class=\"dcr-130mj7b\">Nine has also converted its wholly-owned regional television station NBN in northern NSW to an affiliate station.<\/p>\n<p class=\"dcr-130mj7b\">QMS is an outdoor advertising company with a national network of digital billboards, in locations such as Sydney bus stops.<\/p>\n<p class=\"dcr-130mj7b\">Nine\u2019s restructure comes after the <a href=\"https:\/\/www.theguardian.com\/media\/2025\/aug\/27\/nine-profits-dip-domain-sale-invested-digitising-ai\" data-link-name=\"in body link\">company sold its stake<\/a> in real estate portal Domain for $1.4bn.<\/p>\n<p class=\"dcr-130mj7b\">\u201cToday\u2019s announcements mark a critical milestone in our Nine2028 transformation,\u201d Nine chief executive officer Matt Stanton said.<\/p>\n<p class=\"dcr-130mj7b\">\u201cThese transactions will create a more efficient, higher-growth, and digitally powered Nine Group for our consumers, advertisers, shareholders and people.<\/p>\n<p class=\"dcr-130mj7b\">\u201cThis positions Nine well for the future, enabling the group to withstand industry disruption and deliver long-term sustainable value to our shareholders.\u201d<\/p>\n<p class=\"dcr-130mj7b\">Nine is the publisher of the Australian Financial Review, the Sydney Morning Herald and the Age and the owner of Channel Nine.<\/p>\n<p class=\"dcr-130mj7b\"><em>More details soon\u2026<\/em><\/p>\n<\/div>\n<p>#sells #radio #stations #including #2GB #3AW #Sydney #pub #baron #Arthur #Laundy #Australia #news<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The nation\u2019s biggest media com&hellip; <\/p>\n","protected":false},"author":1,"featured_media":17044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/17043"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17043"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/17043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/17044"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}