Super Radio Network looking for buyers
Senator Paul Scarr and presenter Chris Smith in the 2SM studios in Sydney
The Super Radio Network (SRN) is on the market, after being owned by the one family since its inception more than four decades ago.
SRN owns 47 stations across NSW and Queensland, including Sydney talkback station 2SM, the final broadcast home of John Laws. It employs around 200 staff.
The network was owned by husband-and-wife team Bill and Pam Caralis, who started with a single station in Griffith in 1982.
After the Caralises both died in July 2024, the station was handed to their children George Caralis and Despina Priala, who subsequently added five stations to the network, and appointed a board of directors, chaired by former boss of Commercial Radio Australia Joan Warner.
On Friday, the board appointed Graham Mott as CEO, replacing Rhys Holleran.
Holleran quit early last week, reportedly following a dispute with the owners over planned staff cuts. Holleran joined SRN last October, and previously spent 18 years at Southern Cross Austereo, Macquarie Radio, and RG Capital Radio, where he held the CEO role across various buy-outs and mergers.
The SRN sale is being handled by KPMG, with a reported asking price of up to $200 million.
In January, Nine sold its talkback radio stations, 2GB, 3AW, 4BC, and 6PR, to the Laundy family for $56 million.
