TAB buy back radio frequencies in $4m deal, paving way for live commentaries again
By Barry Lichter • 23 November 2023
Racing fans can look forward to hearing live commentaries again with the surprise news today that TAB New Zealand has bought back its radio frequencies.
The TAB sold its Radio Trackside frequencies in April, 2021, as part of a number of drastic cost cutting moves, but has agreed to buy them back in a $4 million deal taking over the loss-making SENZ Digital & Audio.
The agreement will see TAB NZ take over the SENZ brand, website and app, along with 28 radio stations (across 29 frequencies), digital and audio content creation teams, and audio rights to several sports including cricket, netball, rugby league and Premier League football.
CEO Nick Roberts said TAB New Zealand was excited at the prospect of bringing more racing coverage to fans of the sport, but he did not say when commentaries would start.
“Once we complete the transaction (expected to be in February), we plan to work with our partners at Entain to address elements like the volume of live racing and how it is distributed.
“We certainly do see a world where racing fans can hear more live commentary than exists today.”
The TAB’s decision to can Radio Trackside was universally comdemned by both punters and industry participants but Interim Chair Anna Stove said the frequencies were sold to mitigate operating costs. TAB NZ would now be acquiring a much-improved asset worth more than NZ$2 million, along with the radio frequencies.
“The business has significantly expanded in the last two and a half years from a set of radio frequencies to a modern, multi-platform media business.”
Through its strategic partnership with Entain, it was now well placed to build on the progress and create a one-stop shop for news, views, and information for punters.
Entain Australia and New Zealand chief executive Dean Shannon congratulated TAB NZ on its move.
“It is a great outcome for all of those who are passionate about racing and sports in New Zealand. Radio remains a key pillar for engaging racing and sporting audiences.”
Sports Entertainment Group, run by Australian media mogul Craig Hutchison, will continue to provide content to SENZ and will earn commission on advertising revenue it secures for the NZ business.
SENZ lost NZ$5.98 million in the year to June 30, accounting for a majority of parent company SEG’s A$9.2 million deficit.
More news in Harness
Spiritual Bliss and Lincoln Maree add to Lincoln Farms’ gallery of Manawatu heroes
Video clue on why Lincoln Lover is tipped to go boldly fresh-up at Auckland on Friday night
A picture of Bliss but poor Harry’s arms were nearly pulled out of their sockets
Ultra-consistent Kevin Kline sold to the United States: Why Ray’s sorry to lose him
Our runners this week: How our trainers rate them
Nathan’s comments
Thursday night at Manawatu
Race 4: Spiritual Bliss
6.25pm
“She won well on the first day but pulled very hard - Harry said his arms were that tired afterwards he couldn’t have lifted a 1kg dumb bell. She’s meeting a few nice ones here, up in grade, but she’s drawn better so you can’t count her out. She tries hard and really digs in.”
Race 7: Lincoln Downs
7.50pm
“She did everything right on Tuesday but she blew heavily afterwards and I think the heat got to her. She’s a place chance if she recovers OK.”
Race 8: Lincoln Maree
8.22pm
“She was jumping shadows on Tuesday and moves to the last race this time but she’s not the most genuine so I’m not holding my breath.”
Ray’s comments
Friday night at Auckland
Race 3: Lincoln Lover
6.28pm
“He hasn’t raced for three months but trialled really well. I pick he’s going to win one pretty quickly and, given he’s been running against the best two-year-olds in his previous preps, it should really be on Friday night. This lot of maidens aren’t in the same class and he’s as honest as they come, a tough little trier.”
Race 6: Debbie Lincoln
8.09pm
“She’s really up against it from the outside of the second line, with all the favourites drawn well. She has to be the unluckest animal on the planet. With her, what can go wrong will. Even at the best of times you need a reasonable draw to figure but drawn in the bondocks here she’ll need incredible luck.”
Race 8: Sugar Ray Lincoln
9.09pm
“He had a short break while some vet work was done but is in good trim. Yes, there are a few in here that are vastly higher rated but his formline says it all - it’s not often he doesn’t get a cheque.”
Race 8: Tyson
9.09pm
“He was a bit unlucky last week that he didn’t get to them a bit sooner otherwise I think he would have won. Maurice said he thought they’d come back to him more, going 2:39 speed, but his closing sectionals were easily the best in the race.”
Race 10: Prince Lincoln
10.09pm
“He’s grown into a beautiful horse, a quality looking colt, and who knows what he could be. He’ll obviously improve with the run but I still expect him to run well from his good draw. He trialled very well behind a good one.”
Race 10: Johnny Lincoln
10.09pm
“He’s drawn a bit awkwardly in seven, which gives Prince Lincoln the edge, but he too was making good ground in the workout.”
