The controversial broadcaster had been seeking up to $85 million, arguing the radio network had improperly torn up his decade-long contract.

The former radio shock jock has started laying the groundwork for his next venture, which is shaping up as a subscription-based live online show with audio and video.

Radio shock jock Sandilands has already started laying the groundwork for his next venture as he closes in on a settlement agreement with his former employer, ARN Media.