Grant Broadcasters
| Company type | Private |
|---|---|
| Industry | Radio broadcasting |
| Founded | 1942 |
| Founder | Walter Grant |
| Headquarters | Australia |
Area served | Australia |
| Products | Radio stations |
Grant Broadcasters is a regional radio network based in Australia, established in 1942. By the year 2019, the company owned a total of 53 radio stations. In 2022, it divested 46 of these stations to Here, There & Everywhere (HTE), while maintaining ownership interests in seven stations located in Canberra, Geelong, Goulburn, and Perth.
History
Walter Grant founded the company in 1942 by acquiring 2DU in Dubbo. Over subsequent decades, Grant Broadcasters expanded its portfolio through various acquisitions. Notable early investments included purchasing a stake in 2ST (Nowra) in 1972, followed by acquisitions of 2PK (Parkes) in 1979 and 2MG (Mudgee) in 1982. In 1986, the company divested from 2DU, 2PK, and 2MG to consolidate full ownership of 2ST. Over the following thirty years, the network grew steadily, reaching ownership of 53 stations across Australia by November 2021.
In November 2021, Grant Broadcasters entered into an agreement to sell 46 of its stations to HTE for $307.5 million, with the transaction completed on January 4, 2022. These stations were subsequently incorporated into HTE's ARN Regional division. As part of this deal, the Grant family acquired a 12% shareholding in HTE.
Radio stations
Grant Broadcasters fully owns three radio stations located in Geelong:
- Bay FM (93.9)
- K Rock (95.5)
- 3GL (1341 AM)
Additionally, through a partnership with Capital Radio Network, it holds a 50% interest in five more stations:
- Eagle FM, Goulburn
- 2CA, Canberra
- 2CC, Canberra
- GNFM, Goulburn
- 6IX, Perth
Investments
Grant Broadcasters possesses a 12% equity stake in Here, There & Everywhere.