Broadcasting's best bangs
Submitted by debritz on August 26, 2008 - 16:04.
Radio network Austereo has forecast further earnings growth in a difficult market. Significantly, the money is mainly coming from Western Australia and Queensland. Nick Tabakoff's story in The Australian notes:
While not breaking out the company's Sydney performance, [Austereo CEO Michael] Anderson said he was happy with revenues out of the struggling city's market.
Hmmm, Sydney... That'd be where Austereo is paying a motza (as they say in NSW) to Kyle Sandilands to deliver a slender ratings lead in the FM market. I bet the folks who work for Austereo in Perth and Brisbane aren't getting anywhere near the same money despite delivering the goods where it counts - straight to the company's bottom line.

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