‘It’s great to get on with your life and run a business’: SCA boss glad ARN takeover talks are over
Soon, SCA will shed its TV assets, talk of takeovers will be firmly in the past, and LiSTNR will be cash flow positive. Finally, John Kelly can run a network that is all about audio.
“You know what?” SCA chief John Kelly says. “It’s great to get on with your life and run a business, and a successful business that is going to generate good returns.”
A lot can happen in six months. When SCA’s chief John Kelly presented SCA’s “difficult” half-yearly results in late February, the company was “in the midst of a corporate takeover that has now evaporated”.
As far as Kelly as concerned, any talk of main radio rival ARN swallowing up SCA is in the rear window.