Carrington Clark

Good morning, Alicia.

Thank you for joining us early.

You're usually spending your time prepping for the telly, where people will be able to see you on The Business later today.

But you've joined us here in the pod studio, so good to have you.

Let's turn our attention to ARN Media.

There was a lot of anticipation about this meeting.

Usually, media companies do not like to be the ones in the headlines, but they have found themselves in the headlines for the last few months because of this very messy fallout with two of its

Kyle Sandlins and Jackie Henderson, better known as Kyle and Jackie O. Now they used to be the dominant force in Sydney breakfast radio.

They signed this mammoth deal that would have seen them be contracted to the company for 10 years.

They also tried to go and conquer Melbourne.

That was less successful.

And now we have this court action playing out in the backdrop of this ARN shareholders meeting.

First of all, what's the state of play as you see it when it comes to ARN?

And then talk us through what we've seen at the shareholders meeting.

Casting our minds back to when Kyle and Jackie-O first came over to ARN.

So they were previously with Southern Cross Media through the Today Network here in Sydney.

They were huge stars, but they couldn't come to an agreement about how much they thought they were worth versus how much their previous employer thought they were worth.

They sign on and effectively brought their entire audience along with them.

They rebranded the station here to KISS, and they really were the powerhouses behind ARN's success.

And that's why we saw them grow.