Kyle Sandilands and Jackie ‘O’ Henderson reportedly demanded a new, state-of-the-art studio as part of their $200 million deal.
According to Yahoo lifestyle on Wednesday, the radio megastars hesitated to sign the deal until ARN executives agreed to a new studio.
According to the report, the entire ARN office would move from North Ryde to a location in the city of Sydney early next year.
The hosts have already started suggesting the move, with Jackie recently joking that there’s no need to sort out a technical issue as they don’t have much longer in the studio.
The radio duo signed the record-breaking 10-year, $200 million deal live Wednesday morning, keeping them on the air until 2034.
Kyle Sandilands and Jackie ‘O’ Henderson demanded they be given a state-of-the-art studio as part of their new $200 million deal, according to a report in Yahoo Lifestyle on Wednesday
This means the pair will dominate markets beyond their Sydney-based audience and expand their reach into Melbourne for the first time.
An ARN spokesperson confirmed to Ny Breaking Australia that the deal means Kyle and Jackie’s KIIS FM work friends Jase Hawkins and Lauren Phillips will be out of a job and their Melbourne breakfast show will end in December.
Lauren broke down in tears as she announced the news to her listeners, sobbing that she “didn’t want to say goodbye to Melbourne.”
Jase and Lauren’s show was successful for KIIS FM, attracting new listeners to the station and ranking third in the Melbourne market behind Fox FM’s Fifi Fev & Nick and GOLD104.3’s Christian O’Connell.
In a statement celebrating the historic contract extension, Sandilands said: “Fans of the show will be pleased to hear that this ten-year deal is the longest radio deal in Australian history.”
According to the report, the entire ARN office would move from North Ryde to a location in the city of Sydney early next year
“Love us or loathe us, Jackie and I will continue with our politically incorrect nonsense for a long time.”
He added: “We would like to thank the listeners. Staff. All clients. Even senior management, I’ll give a nod to that. They’ve actually done something brilliant.’
It has been reported that a unique clause in the contract gives Sandilands the ability to broadcast the show ‘anywhere in the world’.
The shock jock has often worked on the KIIS FM show from Los Angeles and other places, so the new contract will give him the flexibility to continue broadcasting wherever he wants.
The record-breaking deal is worth a whopping $200 million and will keep the highly successful pair in business until 2034
The landmark $200 million deal means Sandilands and Henderson will each earn $10 million a year, double their current salaries of around $5 million a year.
According to the Financial Review, Kyle and Jackie’s contracts include “a base salary, a percentage share of sales above what is now earned – known as ‘incremental growth,’ and sign-on bonuses consisting primarily of stock in ARN.”
Jackie celebrated the exciting news by sharing a glamorous selfie of herself with Kyle on social media, alongside a gushing caption about their next decade together.
“I can’t believe I get to work with this man for the next ten years,” she wrote.
‘How lucky am I? Thanks to our loyal listeners and [ARN] – so happy to announce that we’ve just signed up for another 10 years of breakfast radio. What a dream!!!!’
Jackie celebrated the exciting news by sharing a glamorous selfie of herself with Kyle on social media, alongside a gushing caption about their next decade together