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Austereo Corporate Website - Home (90 words) |
 | Austereo leads Australian FM radio in FY '07, with sales from continuing operations increasing 7.9%, EBITDA up 14.6% to $88.3 million, EPS up 17.2% and DPS up 16.9% |
| Austereo’s Today network remains the number one FM network in the key Sydney and Melbourne markets according to latest Nielsen radio ratings. |
| For the period ending 31 December 2006, Austereo reported profit after tax of $26.8 million. |
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Austereo (258 words) |
| Austereo originated with the company that secured the first commercial FM licence in Adelaide in 1980 and purchased the struggling FOX FM in Melbourne in 1986 and 4BK in Brisbane in 1987 (converted to B105 FM). |
| Village Roadshow sold its Triple M network to Austereo in 1994, for a 53.5% stake which was initially sold down to around 40% but later increased to 55.7%. |
| Austereo expanded its Australian operations (currently stations in all mainland Australian capital cities and Newcastle under the TodayFM and MMM networks) and established a presence in the UK, Malaysia and Greece (eg Athens station Village 88). |
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