Lachlan Murdoch now runs Ten, owns half a radio network, and sits on the News Corp board, but has so far faced only one media diversity obstacle.
DMG
Vega: a bright star ahead of its time?
Vega, that contemporary music for older listeners station, has closed after four years and $158 million dollars in license fees. It’s a great concept, it just needed a few more years, says Camille Alarcon.
$110m delivers half of DMG radio to Lachlan Murdoch
Lachlan Murdoch’s Illyria group has bought 50% of DMG Radio Australia, the owner of Nova and Vega FM, for $110 million, in a deal that will see him become the chairman of the entire operation.
