PremiumUpdatedMedia Insider: MediaWorks sold to Australian audio firm Sports Entertainment Group for $130 millionShayne CurrieNZME Editor-at-Large·NZ Herald·11 Aug, 2026 11:24 PM4 mins to read‌More FM breakfast host Simon Barnett.More FM breakfast host Simon Barnett.MediaWorks - owner of top-rating music radio stations including More FM, The Breeze and The Rock - has been sold to Australian radio firm Sports Entertainment Group for $130 million.

The sale - announced by SEG and MediaWorks’ private equity owner Quadrant today - heralds a remarkable new chapter for