Kyle Sandilands is said to be open to settling with the Australian Radio Network (ARN) and wants to put an end to the court case sooner rather than later.

The radio shock jock, 55, is suing the network for up to $88 million in what would pay out the rest of his terminated $100 million, 10-year contract.

However, sources claim he may now be willing to settle for less as it becomes clear his legal fight could drag on for years, according to News.com.au.

Insiders say Kyle has now realised that should he even make it to court in October, as expected, the judge is unlikely to make a decision until early 2027.

And if the radio star were to win his case, the network would still have an opportunity to appeal, potentially dragging out proceedings for several more years.

Sources claim Kyle wants to put an end to the fight quickly so he can get back on the air, either with ARN or under a new show, Kyle Sandilands Live.

Kyle Sandilands, 55, is said to be open to settlement with the Australian Radio Network (ARN) and wants to put an end to the court case sooner rather than later
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Kyle Sandilands, 55, is said to be open to settlement with the Australian Radio Network (ARN) and wants to put an end to the court case sooner rather than later

One of his arguments in court is believed to be that, as a public figure, he risks fading into obscurity the longer he stays off the air.

The insider goes on to say that ARN are also motivated to quickly find a settlement solution, as the company’s share price remains at risk.

‘The issue for ARN is that they’re a publicly traded company, so they need to sort it out,’ the source claimed.

‘No one is going to invest in a company that has this hanging over their heads, and the shareholders want a settlement.’

Since the network axed The Kyle & Jackie O Show in early March, the company’s share price plummeted from 60 cents to a low of 18.5 cents in April.

Though it has managed to claw its way back to 39 cents.

Daily Mail has reached out to Kyle for comment. ARN has declined to comment further.

It comes after Kyle revealed he is personally looking after several former staff members from The Kyle & Jackie O Show after they were made redundant by ARN.

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Is it fair for high-profile stars like Kyle Sandilands to demand massive payouts after being axed?

Sources claim he may now be willing to settle for less than the $88 million he is seeking to prevent the court case from dragging out. Pictured with former co-host Jackie 'O' Henderson
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Sources claim he may now be willing to settle for less than the $88 million he is seeking to prevent the court case from dragging out. Pictured with former co-host Jackie ‘O’ Henderson

Last month, ARN confirmed the redundancies of content assistant Alfie Laguzza, audio producer Dean ‘Hulk’ Royston, and producer Eliza Brown.

Kyle later confirmed he has already stepped in to support the affected staffers by hiring them to work at his media company King Kyle.

‘They’ve all just moved to my office down the road and seem happier,’ he said.

‘What people don’t seem to get is if you pull a thread and just keep tugging it, the entire structure collapses and you’re left with a pile of thread and not much else.

‘I take care of my people, and I’ve got their backs.’

Daily Mail Australia understands both Dean and Alfie are now working for Kyle, while Eliza is not currently involved.

Alfie was previously already employed by Kyle’s company but is now expected to take on more hours.

An ARN spokesperson said the company had attempted to retain as many employees as possible following the end of The Kyle & Jackie O Show, but that ‘unfortunately, a small number of roles could not be accommodated elsewhere in the business’.

SOURCE: https://www.dailymail.com/tvshowbiz/article-15887037/Kyle-Sandilands-considers-settlement-amid-concerns-drawn-court-case.html