The end game approaches for HT&E

Welcome to a midweek edition of Unmade. Today we examine the latest financial update from HT&E, parent company of Australia’s top radio company ARN.
There’s now just one week left until we run Australia’s first retail media conference – RE:Made. It takes place in Sydney next Thursday March 2. Unmade’s paying members get an extra discount on ticket prices. It’s one of many subscriber benefits.

HT&E’s journey may be nearly over
Listening to yesterday’s annual results investor call, there was a sense that as a company HT&E may be about to reach its final form.
A decade ago, APN News & Media, as it was then, was a muddled media conglomerate. It owned half stakes in two different outdoor companies; owned regional newspapers in Queensland and NSW (which was where the company had its roots as Australian Provincial Newspapers); and owned half a radio network.
“Despite doing smaller annual revenues, HT&E is worth more than SCA.” But the figures you quote show HT&E do larger revenues than SCA. I am confused!
Thanks for the question Gavin. The number for SCA is for a HALF year (reported last week) – HT&E reported on their full 12 months this week.
Cheers, Tim – Unmade
🙄 thanks Tim. Clearly I’m not confused, just “hard of thinking” 😂
If the writer leaves the reader confused, it’s the writer’s fault!