Acquisition History / Sports Entertainment Group Limited (ASX: SEG) / MediaWorks NZ Limited
Sports Entertainment Group Limited (ASX: SEG) Acquires MediaWorks NZ Limited
Announced August 11, 2026 — $78M
What happened
Sports Entertainment Group agreed to acquire 100% of MediaWorks, New Zealand's largest audio business and third-largest local advertising platform, for an enterprise value of NZ$130 million on a cash-and-debt-free basis. MediaWorks reaches about 2.4 million weekly listeners and complements SEG's Australian sports audio network.
- Target
- MediaWorks NZ Limited
- Announced
- August 11, 2026
- Price
- $78M
- Industry
- Radio and digital audio media
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Sports Entertainment Group Limited (ASX: SEG) acquire MediaWorks NZ Limited?
Sports Entertainment Group Limited (ASX: SEG) acquired MediaWorks NZ Limited on August 11, 2026. This was Sports Entertainment Group Limited (ASX: SEG)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Sports Entertainment Group Limited (ASX: SEG) pay for MediaWorks NZ Limited?
Sports Entertainment Group Limited (ASX: SEG) paid $78M for MediaWorks NZ Limited.
What does MediaWorks NZ Limited do?
Sports Entertainment Group agreed to acquire 100% of MediaWorks, New Zealand's largest audio business and third-largest local advertising platform, for an enterprise value of NZ$130 million on a cash-and-debt-free basis. MediaWorks reaches about 2.4 million weekly listeners and complements SEG's Australian sports audio network.
What other Radio and digital audio media companies has Sports Entertainment Group Limited (ASX: SEG) acquired?
MediaWorks NZ Limited is Sports Entertainment Group Limited (ASX: SEG)'s only publicly tracked acquisition in Radio and digital audio media so far.