Carrington Clark

They need to come up with, well, who is going to take over this breakfast program going forward?

Because this is the way you start your day.

And this has always been the most important program for any individual radio station.

And the fact that this is still playing out in the courts and they don't know who's going to take over is a difficult predicament to be in.

Because it's sucking up a lot of resources that could otherwise be deployed to other parts of the program.

Obviously, the hope is that you can leverage off those stars in your stable and use them across other platforms.

But obviously...

those numbers weren't stacking up.

Now, again, the current position, I believe, from ARN is that the reason they terminated the contracts with their two big stars was because they couldn't work together any longer.

Jackie said she felt unsafe.

This is all contested, and this is why it's going through this legal process.

But you can see how they are trying to walk a very fine line because they have to

explaining to shareholders, how are you going to turn this company around?

Where are you going to find growth?

But they have to be careful what they're saying because you have this legal case still happening in the background.

Yeah, that's right.

He was clearly re-elected.

There wasn't a move to ouster him, but the fact that they are voting against the remuneration report, which is one of the most important aspects of what the board does, does show that shareholders aren't happy with the way that the business is being run, at least in part, and they are on notice to try to turn this around.

It is a difficult environment.

We know lots of media companies in Australia are really struggling.