Sports Entertainment Group (SEG), owner of sports radio network SEN, will acquire New Zealand’s biggest radio network Mediaworks in a deal that values the business at around A$108m. “MediaWorks is New Zealand’s number one audio business, third biggest media business, and has an incredible connection with its market leading audio audience.” MediaWorks brings market leadership in music and entertainment radio in New Zealand. The existing MediaWorks management team, led by Chief Executive Officer, Wendy Palmer, will continue to lead the New Zealand business. “MediaWorks is New Zealand’s number one audio business, third biggest media business, and has an incredible connection with its market leading audio audience.