Super Radio Network, Australia's largest privately owned broadcaster, is reportedly up for sale.
The Daily Telegraph reports that the company, with 45 radio stations in NSW, Queensland and the Northern Territory, has appointed KPMG to find a buyer.
The news comes just days after the departure of CEO Rhys Holleran to be replaced by Graham Mott.
“It is understood the sale has been prompted by the disintegration of the relationship between co-owners and siblings Despina Priala and George Caralis, the children of SRN founder Bill Caralis, who died of a heart attack in July 2024 aged 81,” the newspaper reported.
The broadcaster’s biggest markets include Newcastle, Bathurst, Tamworth, Dubbo, Taree, Lismore and Tweed Heads.
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