Commercial
Commercial radio in New Zealand is dominated by two major companies, The Radio Network (TRN) and RadioWorks.
TRN
TRN was created as a result of the sale of the commercial operating arm of the state broadcaster Radio New Zealand in 1996. TRN operates 116 radio stations across the country. Prominent network brands include Radio Hauraki, Viva, Coast, Flava, Newstalk ZB, Classic Hits, Radio Sport and ZM. The Radio Network TRN is a wholly owned subsidiary of Australian Radio Network (ARN). The shareholders in ARN are Clear Channel Communications, USA and APN News & Media.
RadioWorks
RadioWorks has eight brands: The Edge, Kiwi, The Rock, Solid Gold, Radio Live, More FM, The Breeze and Radio Pacific. Stations under the More FM and Breeze logos are local stations the others are networked. RadioWorks and its television stable mate TVWorks were until June 2007 owned by Can-West MediaWorks, part of the Can-West Global Group. In June 2007 HT Media , a wholly owned subsidiary of Ironbridge Capital an independent private equity group, purchased CanWest’s shares in MediaWorks and continued to purchase additional shares until total ownership was achieved. As a consequence Can-West MediaWorks was de-listed from the