ARN Media slumps further after watchdog moves to ban sex talk from The Kyle & Jackie O Show

ARN Media’s nightmare week on the ASX continued today with investors seemingly spooked by news of the Australian Communications and Media Authority’s plan to put an onerous new condition on Kiis FM’s Sydney licence.

ARN lost 5.1% after the ACMA filed a legal notice that The Kyle & Jackie O Show will be banned from talking about sex. Having a formal condition attached to a licence ultimately gives the regulator the power to suspend or revoke it, although it is a sanction that is believed to have never previously been used.

Sandilands today told his listeners that he was contemplating leaving radio.

News of the new licence condition came just a day after ARN Media warned that a worsening advertising market means that it now expects to report a fall in its 2025 profits of up to 27%.

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