Southern Cross Media shares have plunged after controversial Sydney breakfast radio duo Kyle and Jackie O announced they are quitting their top-rating 2Day FM show.
The pair will leave the competitive breakfast slot at the end of November.
Shares in Southern Cross Media, which owns 2Day FM, were down 10 cents, or 5.29 per cent, at $1.79 at 1433 AEDT.
The controversial broadcasters released a statement on 2Day FM’s website saying their decision was “mutual”.
The Kyle and Jackie O Show has been a top-rating FM show, and this year the pair was named “best on-air team” in the Australian Commercial Radio Awards (ACRAs).
However, the program has also attracted plenty of controversy and criticism, mainly for Sandilands’ outspoken comments and stunts.
