How does your pay compare?

Tis' the season for the final annual reports for the various publicly listed radio groups, or for companies associated with radio.

Publicly listed entities in Australia are required to disclose the remuneration of the highest earning key executives. Given that the information is on the public record, let's take a look;

Firstly a couple of background points;

• ARN is owned by APN, who report on a different cycle, so they have released their half-yearly, not full-year accounts which do not need to disclose executive remuneration. However, the executive salaries of ARN ,as a subsidiary, are not required to be broken out separately.

• DMG is privately held, therefore that information is not publicly available.

• Fairfax and Prime Media, whilst operators of radio stations, derive the bulk of their revenue from other media so whilst they are listed, the executive remuneration isn't completely radio-driven.

So to the figures, ranked in earnings order from Southern Cross Austereo, Prime, Fairfax, Macquarie, Pacific Star and MCM Entertainment.

As noted above, this information is from the full-year accounts from each of the groups, and does not include ARN, DMG, or the majority of the 'radio-specific' executives from Prime, Fairfax, nor does it include any of the other privately held groups.

Below is the download link to each of the publicly listed groups FY12 annual reports;

• Southern Cross Austereo; SXL.

• Macquarie Radio Network; MRN.

• Fairfax Media; FXJ (parent of Fairfax Radio).

• APN (parent of ARN) – note this is APN's half-year results.

• Prime Media; PRT (parent of Prime Radio).

• Pacific Star; PNW (parent of SEN/MyMP Melbourne) – note; this is their preliminary report.

• MCM Entertainment, MEG.

Happy reading!