SCA boss signals he will look to give more radio talent equity in attempt to help ‘breed loyalty’

The CEO of Southern Cross Austereo Grant Blackley has told Mumbrella he wants to give more of the company’s talent shares as part of their salary packages.

Last week SCA gave new 2Day breakfast host Rove McManus $2.1m in shares as part of his remuneration package while Hamish Blake and Andy Lee received around $3m in shares when they agreed to return to the network last year.

Blackley told Mumbrella: “Frankly, I think (these deals) will be more common than less common as we go through. We will cycle through all of our contracts and people that we invite into the network and I’d like to think that they will become equity owners of the company as well.”