Veteran Sydney broadcaster Kyle Sandilands and ARN Media reach a settlement to end a $100 million contract dispute, which had been playing out in the Federal Court.

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.

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.