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BUZZ-Australia's ARN Media shares soar on pulling Kyle & Jackie O show off air

Reuters
Mar 04
BUZZ-Australia's ARN Media shares soar on pulling Kyle & Jackie O show off air

** Shares of ARN Media A1N.AX rise as much as 5.8% to A$0.365, their biggest intraday pct gain since Jan 22

** Shares hit the highest level since Feb 25

** Co takes 'The Kyle & Jackie O' show off-air after terminating service agreement with Henderson Media

** Henderson Media a vehicle through which Jacqueline Henderson presents the Kyle and Jackie O show

** Also provides written notice to co-host Kyle Sandilands, alleging breach of service agreement with Sandilands' Quasar Media

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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