Austereo’s future has been a talking point since the Government’s planned changes to media ownership laws were outlined early last month.But if the actions of major shareholder Village Roadshow are any indication, the radio group might be less vulnerable to a predator than speculated.

Austereo has long pointed to the support of the theme park and cinema operator, which has increased its stake from 66.2 per cent to 67.3 per cent. (Source SMH)