SEG Buys MediaWorks for NZ Radio Domination | Auckland News

MediaWorks, New Zealand’s radio giant behind The Rock and More FM, is being acquired by Australian sports media powerhouse SEG for $130 million — a move that vaults SEG into market leadership and sets the stage for a bold expansion of sports, digital, and entertainment across the Tasman. Despite recent turbulence — including the shutdown of Today FM and TV divestment — MediaWorks showed resilience with a $3.8 million profit this year. SEG’s CEO calls it a “transformational step,” eager to merge with MediaWorks’ leadership and revitalize iconic brands. The future of Kiwi radio just got a major new player. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2acdc1e31c674f44