Whatever is going on in back rooms hasn't fully played out yet....

Whatever is going on in back rooms hasn't fully played out yet. Murdock may be involved in the SXL 'investment' and that may explain the premium that was paid. Be interesting to know how the other major shareholders feel about this acquisition since at least part of the purchase was likely from borrowings.

Noticed on the grapevine (SA News) that some lower tier redundancies have begun at ARN. Further consolidation and Opex cost cutting is likely imo. This may produce a boost to the share price as long as the board doesn't completely destroy local brand/s and lose loyal audiences in the process. They'd do well to remember that while streaming and podcasts are on the rise, those platforms are very hard to monetize due to massive dilution in the sector. AM & FM markets will remain ARN's bread & butter for many years to come.