Nine Entertainment offered to take full control of Macquarie Media for $77m.

Nine Entertainment, an Australian publicly listed media company, offered to take full control of Macquarie Media, an Australian media company, operating radio stations nationally, for $77m. “The acquisition of Macquarie Media consolidates Nine’s position as the leading provider of news and current affairs content across all of the key platforms – television, digital, print and now radio,” said Hugh Marks, CEO of Nine.