ARN sells The Roar to Athletes Voice for undisclosed sum
Australian Radio Network (ARN) has sold off its sporting content platform The Roar to Athletes Voice.
The sale, for an undisclosed sum, comes as ARN and its parent company Here, There and Everywhere (HT&E) increasingly divest from non-audio assets.
The Roar is changing hands
HT&E – then APN News and Media – bought The Roar’s parent company Conversant Media for upfront cash consideration of $11.6m and performance based earn-outs back in 2016. This included publications Lost at E Minor and Techly, which have subsequently been shut down.
You’ve got to wonder if HT&E will rebrand considering the name was allegedly designed to reflect the “unique radio, outdoor and digital nature of the Group”.
… does HTE really mean that they are all over the place with no coherent strategy.