HT&E releases annual financial results and posts strong numbers for ARN

HT&E Limited today released its financial results for calendar year 2021, showing strong growth for ARN and its iHeartPodcast platform.

Despite the uncertain environment and the impact of extended shutdowns in Melbourne and Sydney, statutory revenue from continuing operations increased 16% to $225.0 million, rebounding strongly from the prior year.

ARN’s commercial and audience success continued over the 12 months, delivering strong audience survey results across its metro network throughout 2021, as well as audience growth across all key markets including Brisbane and Melbourne.

Sydney stations, KIIS 1065 and WSFM also continued to deliver, with WSFM finishing as the number one FM station, closely followed by KIIS 1065 at number two in the final 2021 survey. The two powerhouse breakfast shows , The Kyle & Jackie O Showand Jonesy and Amanda were vying for first place, with the former finishing the year on top.

In Melbourne, Gold 104.3FM – spearheading success Christian O’Connell Breakfast Show – maintained the number one FM station throughout the year.

ARN also remained the country’s leading podcast publisher after launching the iHeartRadio Podcast Network Australia in early 2020, a leadership position now held for 20 consecutive months.

“While the COVID-19 pandemic has had a significant impact on our way of life and disrupted our business models, HT&E has weathered the period well delivering on a number of key strategic objectives, strengthening core Australian radio operations and continuing to invest in its digital audio growth strategy,” said HT&E President Hamish McLennan.

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