Sports Entertainment Group Acquires MediaWorks

Radio go go! MediaWorks sold to Australian audio firm for $130m

MediaWorks – owner of top-rating music radio stations including More FM, The Breeze and The Rock - has been sold to Australian radio firm Sports...

Sports Entertainment Group acquires MediaWorks

The New Zealand audio network.

Australian sports group buys MediaWorks in NZ$130 million deal

Sports Entertainment Group Limited is buying MediaWorks for NZ$130 million, returning the Australian media organisation to the New Zealand market as an audio operator.

Sports Entertainment Group to acquire NZ's Mediaworks

Sports Entertainment Group (SEG), owner of sports radio network SEN, will acquire New Zealand’s biggest radio network Mediaworks in a deal that values the business at around A$108m.Mediaworks is NZ’s biggest radio network by audience, claiming a 59% audience share in the 25-54 demo, and running stations including the Rock, More FM, The Sound, George […]

Sports Entertainment Group to acquire MediaWorks for NZ$130m

Sports Entertainment Group has agreed to acquire New Zealand’s largest audio business MediaWorks for NZ$130 million, in a deal the company says will significantly lift earnings and create a leading trans-Tasman media group. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. The binding share purchase agreement will see SEG acquire 100% of Media…

MediaWorks sold to Sports Entertainment Group

Sports Entertainment Group Limited has entered into a binding agreement to acquire 100% of Kiwi audio business MediaWorks, for an enterprise value of NZ$130 million. The acquisition creates a trans-Tasman audio, digital and entertainment group, reaching more than five million listeners each week across Australia and New Zealand. Australasian platform MediaWorks is New Zealand’s largest radio business and its third largest local advertising platf…