Acquiring Company
Sports Entertainment Group
Acquired Company
MediaWorks
Melbourne
New ZealandMedia And EntertainmentSportsMedia And EntertainmentDigital MediaBroadcastingDescription
Sports Entertainment Group has finalized an agreement to acquire MediaWorks for NZ$130 million, enhancing its media presence across Australia and New Zealand. The deal is set to create a combined audience of over five million listeners, leveraging MediaWorks' significant digital content assets. The existing MediaWorks management team will continue leading the New Zealand operations post-acquisition. SEG anticipates annual synergies of approximately A$5 million from this strategic acquisition.
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Based on deal dataFrequently asked
Who acquired MediaWorks?
MediaWorks was acquired by Sports Entertainment Group, based in Melbourne. The deal was reported on August 12, 2026. Sports Entertainment Group is a leading media company operating in sports and entertainment sectors. It owns SEN, SEN Track, and provides event, publishing, and TV production services. Sports Entertainment Group is privately held and operates in Media And Entertainment.
When did Sports Entertainment Group acquire MediaWorks?
Sports Entertainment Group's acquisition of MediaWorks was reported on August 12, 2026. Sports Entertainment Group has finalized an agreement to acquire MediaWorks for NZ$130 million, enhancing its media presence across Australia and New Zealand. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MediaWorks do?
MediaWorks is a prominent media company in New Zealand, operating television, radio, and digital platforms. The company is recognized for its strong audience engagement and diverse media offerings. It is privately held, operating in Media And Entertainment, and is based in New Zealand.