Streaming is the real reason ARN Media is plotting a breakup of Southern Cross Austereo

Welcome to a midweek update from Unmade. Today: Big moves in audio with ARN Media involved in a bid for Southern Cross Austereo.

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The real prize in ARN’s plan for SCA is streaming, not radio

Tim Burrowes writes:

The Australian Financial Review published a decent scoop last night: ARN Media has teamed up with Anchorage Capital Partners to bid for Southern Cross Austereo.