ARN could soon announce the sale of Brisbane radio station 4KQ. KQ is part of the Pure Gold Network that includes: GOLD 104.3 Melbourne and WSFM in Sydney.
ARN was hoping to retain 4KQ however ACMA requires it to sell the station after it acquired an additional 46 stations with the purchase of Grant Broadcasters. However ARN will keep Brisbane station KIIS 97.3.
In an interview with The Music Network, CEO of ARN, Ciaran Davis, said: “There’s been a lot of interest. We’re running a process… We’re coming towards the mid to end of that process. I would think within the next six to eight weeks, we’d have something on that.”