Page 21 - Ciaran Davis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The 2021 financial year: ‘It’s been a mixed bag’ Today marks the start of a new financial year, and the end of the first full financial year Australian Securities Exchange (ASX) listed companies have had dealing with COVID-19, closed borders, lockdowns and more.  Here, the Mumbrella team takes a look at the highs and lows of the past 12 months for listed advertising, marketing, media and research companies. July 1, 2021 9:55 by MUMBRELLA TEAM For the most part the Australian economy has weathered the pandemic relatively well, thanks to unprecedented monetary and fiscal policy stimul...

The deal could give ARN and HT&E $149 million to play with.

HT&E to offload Soprano stake for $149 million May 19, 2021 11:11 HT&E is set to free up more capital with the sale of its 25% stake in mobile messaging software group Soprano Design. In an announcement on the Australian Securities Exchange (ASX), HT&E Limited announced that a non-binding agreement has been signed for shareholders of Soprano to sell their entire holdings to Link Mobility Group Holdings as (LINK). The Norwegian LINK is a global Communications Platform as a Service provider, and a leading mobile messaging provider in Europe. The company will pay NOK 3,590 million, or approxim...

ARN CEO reveals acquisition ambitions & potential subscription products Ciaran Davis told Radio Today it is “open to anything” when it comes to acquiring assets or striking media partnership deals – and it doesn’t just have to be in the audio space. “We’ve got a board and management team and a very clear vision for how this market is going to move in the next three to five years. Consolidation is absolutely going to happen, because advertisers, CMOs, brands are looking for a partner who can offer scale, reach, multi-plat...

iHeart to launch additional local podcasts and content The Australian Radio Network’s (ARN) iHeart platform will push further into local content production this calendar year, CEO Ciaran Davis has revealed. Speaking at the annual general meeting (AGM) of ARN’s parent company HT&E late last week, Davis said ARN was already the “number one podcast publisher in the country”. “This momentum is set to continue as we invest in the on-boarding of new podcast partners that will consolidate our leading position,” he said. “We ha...