mrn frontrunner for fairfax radio assets, page-12

It is disappointing to see MTR has failed to make an impact in Melbourne. Having said that, it is good to see Russell Tate acknowledges that MTR is unviable in it's current form.
The Sydney stations are performing exceptionally well and the move to purchase 3AW and Magic is the best option for MRN in my view.
It's a shame for the hardworking MTR team but I am sure they will feature prominently in MRN's future ambitions in Melbourne.