Kyle Sandilands to get $12m in settlement with ARN after court stoush

New details of Kyle Sandilands’ final settlement with radio giant and former employer ARN have been revealed.

Kyle Sandilands has walked away with a three-year multimillion-dollar guarantee in his settlement with radio giant and former employer ARN.

The controversial shock jock will receive $12.09m in the next three years, it was revealed in an announcement posted to the ASX on Wednesday morning after the parties settled out of court on Tuesday.

Sensationally, the statement also revealed ARN and Sandilands would enter a revenue sharing agreement in which the company will provide him with $1.5m worth of advertising for three years.

ARN will also benefit from a tidy 19.9 per cent of the earnings from Sandilands’ new venture for the same three-year period, subject to agreed revenue thresholds and caps.

Kyle Sandilands (right) will pursue ‘independent’ media opportunities following his settlement out of court. Picture: NewsWire / Nikki Short
ARN said it had entered a “binding settlement with Mr Sandilands to resolve all outstanding legal proceedings”.

“ARN has agreed to pay Mr Sandilands a cash settlement sum of $12.09m with $3m payable in July 2026 and the balance payable monthly until June 2029,” the announcement reads.

“Mr Sandilands and his related entities will not be providing services to ARN in any capacity going forward.”

ARN chief executive Michael Stephenson said the agreement brought “certainty” and would allow the organisation to drive a “leaner, more efficient operating model”.

Sandilands has reportedly said he doesn’t plan to return to radio broadcasting. Picture: NewsWire / Nikki Short
Speaking to Sky News on Wednesday morning, workplace relations lawyer Michael Byrnes said the case was a rare example of a “win-win” for both parties.

“I think it’s a very good settlement for ARN because it gives them certainty … the settlement amount is going to be drip-fed to Kyle on a month-by-month basis which must help their bottom line,” Mr Byrnes said.

“It’s also been good for Kyle because it enables him to draw a line on the episode and move on. He’s certainly wanted to move on … he’s been avowed about wanting to embark upon a new venture.

Mr Byrnes described the settlement as “part legal settlement but also part commercial deal” because of the revenue sharing and advertising agreement.

“Both parties have done well here,” he said.

ARN Boss Michael Stevenson said the media network was ready to drive a ‘leaner’ operating model. Picture: Supplied
ARN terminated Sandilands’ $100m contract in March following an on-air blow-up with his co-host of 20 years Jackie ‘O’ Henderson.

The pair entered a heated discussion during one of their daily broadcasts on February 20 after Sandilands accused Jackie O of being “off with the fairies” and suggested her work ethic had declined.

Henderson told Sandilands she was “totally offended” by his suggestions.

“That is so unfair, I have been in here doing the segment totally fine,” she said at the time.

Following the argument, Henderson left the show and did not return, sparking a termination of her contract.

At the time, ARN demanded Sandilands find a way to “remedy” the conflict under threat of a contract termination.

A separate legal battle between Henderson and ARN is ongoing.

CRE: https://www.news.com.au/entertainment/tv/radio/kyle-sandilands-to-get-12m-in-settlement-with-arn-after-court-stoush/news-story/403889b18d5b19e70618b59e1eff5d02