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GLOBAL TRAFFIC NETWORK, INC. | THE AUSTRALIAN TRAFFIC NETWORK PTY LIMITED | AUSTEREO PTY LIMITED

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Title: NEWS REPORT BROADCASTING AGREEMENT
Date: 2/17/2006
Industry: BRDCST    

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                                                                   Exhibit 10.10

PORTIONS HEREIN IDENTIFIED BY [***] HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR
CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT OF 1933, AS AMENDED.
A COMPLETE COPY OF THIS DOCUMENT HAS BEEN FILED SEPARATELY WITH THE SECURITIES
AND EXCHANGE COMMISSION.

                                NEWS REPORT
                                BROADCASTING
                                AGREEMENT

                                AUSTEREO NETWORK

                                THE AUSTRALIAN TRAFFIC NETWORK PTY LIMITED (ATN)
                                AUSTEREO PTY LIMITED (BROADCASTER)


                                     News report broadcasting agreement / page 1

<PAGE>

NEWS REPORT BROADCASTING AGREEMENT
AUSTEREO NETWORK


<TABLE>
<S>        <C>                                                                <C>
DETAILS                                                                        5

AGREED TERMS                                                                   6

1. DEFINED TERMS & INTERPRETATION                                              6
   1.1.    Defined terms                                                       6
   1.2.    Interpretation                                                      8
   1.3.    Headings                                                            9
2. Term                                                                        9
3. Reports                                                                    10
   3.1.    Provision of Reports                                               10
   3.2.    Method of provision of Reports                                     10
   3.3.    Broadcasting of Reports                                            11
   3.4.    Additional Reports                                                 11
   3.5.    Restricted Days                                                    13
   3.6.    Default in Provision of Reports and Links                          13
4. Tags                                                                       13
5. Production Services                                                        14
6. Report and Tag requirements                                                15
7. Changes to Broadcasting Schedule                                           16
8. Clearance of Reports and Tags                                              17
9. Payments                                                                   17
   9.1.    Payment of Tag Broadcast Fee and Production Fee                    17
   9.2.    Broadcaster's Statement                                            17
   9.3.    Payment of amounts                                                 18
   9.4.    Resolution of disputes                                             18
   9.5.    Dispute resolution procedure                                       18
10. Restriction                                                               19
11. Intellectual Property Rights                                              19
   11.1.   The Reports                                                        19
   11.2.   Third Party Licences                                               20
   11.3.   The Tags                                                           21
12. Restraints                                                                21
   12.1.   Restricted clients                                                 21
   12.2.   Other stations                                                     22
   12.3.   Reporting                                                          22
   12.4.   Non-solicitation of employees                                      22
   12.5.   Review of restricted clients                                       23
13. Acknowledgement and warranties                                            23
   13.1.   Broadcaster's acknowledgement                                      23
   13.2.   Broadcaster's warranties                                           23
</TABLE>



                                     News report broadcasting agreement / page 2

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<TABLE>
<S>        <C>                                                                <C>
   13.3.   ATN warranties                                                     24
14. Termination                                                               24
   14.1.   Termination                                                        24
   14.2.   Notification of events                                             25
   14.3.   Accrued rights and remedies                                        25
15. Indemnity and insurance                                                   26
   15.1.   ATN's indemnity                                                    26
   15.2.   Broadcaster's indemnity                                            26
   15.3.   Insurance                                                          27
16. Confidential information                                                  27
   16.1.   Definition                                                         27
   16.2.   Use and disclosure                                                 27
   16.3.   Permitted disclosure                                               28
   16.4.   Recipient's obligations                                            28
   16.5.   Disclosure law                                                     28
17. Dispute resolution                                                        29
   17.1.   No arbitration or court proceedings                                29
   17.2.   Notification                                                       29
   17.3.   Parties to resolve Dispute                                         29
   17.4.   Appointment of mediator                                            29
   17.5.   Role of mediator                                                   29
   17.6.   Confidentiality                                                    29
   17.7.   Costs                                                              30
   17.8.   Termination of process                                             30
   17.9.   Breach of this clause                                              30
18. Notices and other communications                                          30
   18.1.   Service of notices                                                 30
   18.2.   Effective on receipt                                               30
19. Force majeure                                                             31
20. Goods And Services Tax                                                    31
   20.1.   Consideration does not include GST                                 31
   20.2.   Gross up of consideration                                          31
   20.3.   Reimbursements                                                     31
   20.4.   Tax invoices                                                       31
   20.5.   Adjustments                                                        32
   20.6.   Interpretation                                                     32
   20.7.   Non-monetary consideration                                         32
21. Relationship                                                              33
22. Governing law and jurisdiction                                            33
23. Counterparts                                                              33
24. Alteration                                                                33
25. Assignment                                                                33
26. Costs                                                                     33
27. Entire agreement                                                          33
</TABLE>


                                     News report broadcasting agreement / page 3

<PAGE>


<TABLE>
<S>                                                                           <C>
Schedule 1 - Item registry                                                    34
Schedule 2 - Stations                                                         35
Schedule 3 - Production Fee and Tag Broadcast Fee                             36
Schedule 4 - Broadcasting Specifications.                                     39
Schedule 5 - Production Resources                                             42
Schedule 6 - Tag Fee Percentages                                              44
Schedule 7 - Broadcasting Schedule                                            45
Schedule 8 - Restricted Clients                                               46
Schedule 9 - Restricted Days and Restricted Broadcasting Schedule             47

Signing page                                                                  49
</TABLE>



                                     News report broadcasting agreement / page 4

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DETAILS

DATE                                                                        2005

PARTIES

Name              THE AUSTRALIAN TRAFFIC NETWORK PTY LIMITED ACN 078 993 736
ABN               53 078 993 736
Short form name   ATN
Notice details    Level 42,100 Miller Street Sydney NSW 2060
                  William Yde

Name              AUSTEREO PTY LIMITED ACN 007 914 641
ABN               85 007 914 641
Short form name   BROADCASTER
Notice details    500 Oxford Street, Bondi Junction NSW 2022
                  Michael Anderson

BACKGROUND

A    The Broadcaster is the licensee and operator of the Stations.


B    The Broadcaster has requested ATN, and ATN has agreed, to provide the
     Reports and the Links for the News Bulletins and pay the Tag Broadcast Fee
     and the Production Fee on the terms of this agreement.


C    ATN has requested, and the Broadcaster has agreed, to broadcast the Tags
     and provide access to the Production Resources on the terms of this
     agreement.


                                     News report broadcasting agreement / page 5

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AGREED TERMS

1.   DEFINED TERMS & INTERPRETATION

1.1. Defined terms

     In this Agreement:

     BROADCAST TIME means an individual broadcast time for a News Bulletin
     included in either the Broadcasting Schedule or Restricted Broadcasting
     Schedule.

     BROADCASTER IP means the Intellectual Property Rights in Reports.

     BROADCASTER'S STATEMENT has the meaning given in clause 9.2.

     BROADCASTING REGULATIONS means the BSA and the CRA Codes.

     BROADCASTING SCHEDULE means those daily times for broadcasting News
     Bulletins containing Reports as set out in Schedule 7 and also the
     timeframes for broadcasting daily brief news updates (not being News
     Bulletins) as set out in Schedule 7.

     BROADCASTING SPECIFICATIONS means the Tag Specifications together with the
     Report Specifications.

     BSA means the Broadcasting Services Act 1992 (Cth).

     BUSINESS DAY means a day that is not a Saturday, Sunday, public holiday or
     bank holiday in South Australia.

     CATEGORY A CLIENTS means those persons set out at item 1 of Schedule 8, as
     reviewed and amended in accordance with clause 12.5.

     CATEGORY B CLIENTS means those persons set out at item 2 of Schedule 8, as
     reviewed and amended in accordance with clause 12.5.

     COMMENCEMENT DATE means the date set out at item 1 of Schedule l.

     CRA CODES means the Commercial Radio Australia Codes of Practice and any
     Commercial Radio Standards endorsed or applied (as the case may be) by the
     Australian Broadcasting Authority pursuant to the BSA.

     END DATE means the date set out at item 2 of Schedule 1.

     FORCE MAJEURE means acts of God, fire, unavoidable accident, acts of war,
     (declared or undeclared) laws, rules, regulations and orders of any
     Government or Government Agency, emergency broadcast or other broadcast
     requirements under CRA Codes or as a result of government requirements,
     strikes, walkouts, lockouts and other disturbances, delays in
     transportation, floods, storms and other natural disturbances, the failure
     or destruction of any technical equipment, weather or flying conditions,
     and other matters


                                     News report broadcasting agreement / page 6

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     beyond the control of, or not reasonably foreseeable to the party concerned
     whether or not similar to those enumerated.

     INDEPENDENT ACCOUNTANT means a person who is expert and prominent in the
     subject matter for which he is appointed and who is appointed jointly by
     the parties, or if they do not agree on the person to be appointed within
     seven days of any party requesting appointment, a chartered accountant
     appointed by the Regional Manager New South Wales branch of The Institute
     of Chartered Accountants in Australia at the request of either party.

     INTELLECTUAL PROPERTY RIGHTS means all intellectual property rights,
     including but not limited to:

     (a)  patents, copyright, know-how, trade secrets, rights in circuit
          layouts, registered designs, trade marks and the right to have
          confidential information kept confidential; and

     (b)  any application or right to apply for registration of any of the
          rights referred to in paragraph (a).

     LINKS means News Bulletins introductions and conclusions, and links which
     would customarily appear between any Reports..

     MARKETS means the Broadcast Areas of Sydney, Melbourne, Brisbane, Adelaide
     and Perth.

     NEWS BULLETIN means a radio news bulletin, of a duration determined in
     accordance with clause 3.1(c), in accordance with the News Format which
     comprises individual news stories, commentary, sound bites and, at the
     discretion of the Broadcaster, Reports including those relating to sport
     and weather and Links and any other material.

     NEWS FORMAT means the news guidelines as to format, style and feel
     developed by the Broadcaster and notified to ATN from time to time in
     writing.

     NEWS INFORMATION means information regarding current events, recent events,
     newsworthy events and current affairs likely to be of interest to
     Broadcaster's target listeners in the Markets and also includes sport and
     weather information.

     PERSONALITY means a recognised voice, characterisation or personality.

     PRODUCTION SERVICES means the provision of the Production Resources as
     required by clause 5.

     PRODUCTION RESOURCES means at the Commencement Date the resources specified
     in Schedule 5, together with any other resources that are used by the
     Broadcaster exclusively for production of News Bulletins for the Stations
     immediately prior to the execution of this Agreement and in possession of
     the Broadcaster and during the Term


                                     News report broadcasting agreement / page 7

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     means those production resources required to be maintained by the
     Broadcaster under clause 5 (c).

     PRODUCTION FEE means the amount set out at item 3 of Schedule 1 but
     calculated in accordance with Schedule 3.

     RELATED BODY CORPORATE has the same meaning as that term in the
     Corporations Act 2001.

     REPORTS means individual radio news bulletin stories containing News
     Information in accordance with the Report Specifications, the News Format
     and the Broadcasting Specifications

     REPORT SPECIFICATIONS means those specifications regarding the Reports set
     out at item 2 of Schedule 4.

     RESTRICTED BROADCASTING SCHEDULE means those daily times for broadcasting
     the Reports on the Restricted Days as set out in Item 2 of Schedule 9.

     RESTRICTED DAYS means those days set out in Item 1 of Schedule 9.

     STATIONS means the radio stations controlled or operated by the Broadcaster
     set out in Schedule 2.

     TAG means a ten second advertising or sponsorship tag or statement provided
     by ATN to the Broadcaster in accordance with clause 4(a) for each Broadcast
     Time and in accordance with the Broadcasting Specifications.


     TAG BROADCAST FEE means the amount set out at item 4 of Schedule 1 but
     calculated in accordance with Schedule 3.


     TAG SPECIFICATIONS means those specifications set out at item 1 of Schedule
     4.

     TERM means the period commencing on the Commencement Date and ending at 5pm
     on the End Date.

1.2. INTERPRETATION

     In this agreement, except where the context otherwise requires:

     (a)  the singular includes the plural and vice versa, and a gender includes
          other genders;

     (b)  another grammatical form of a defined word or expression has a
          corresponding meaning;

     (c)  a reference to a clause, paragraph, schedule or annexure is to a
          clause or paragraph of, or schedule or annexure to, this agreement,
          and a reference to this agreement includes any schedule or annexure;


                                     News report broadcasting agreement / page 8

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     (d)  a reference to a document or instrument includes the document or
          instrument as novated, altered, supplemented or replaced from time to
          time;

     (e)  a reference to A$, $A, DOLLAR or $ is to Australian currency;

     (f)  a reference to time is to Sydney, Australia time;

     (g)  a reference to a party is to a party to this agreement, and a
          reference to a party to a document includes the party's executors,
          administrators, successors and permitted assigns and substitutes;

     (h)  a reference to a person includes a natural person, partnership, body
          corporate, association, governmental or local authority or agency or
          other entity;

     (i)  a reference to a statute, ordinance, code or other law includes
          regulations and other instruments under it and consolidations,
          amendments, re-enactments or replacements of any of them;

     (j)  a word or expression defined in the Corporations Act has the meaning
          given to it in the Corporations Act;

     (k)  the meaning of general words is not limited by specific examples
          introduced by INCLUDING, FOR EXAMPLE or similar expressions;

     (l)  any agreement, representation, warranty or indemnity by two or more
          parties (including where two or more persons are included in the same
          defined term) binds them jointly and severally;

     (m)  any agreement, representation, warranty or indemnity in favour of two
          or more parties (including where two or more persons are included in
          the same defined term) is for the benefit of them jointly and
          severally;

     (n)  a rule of construction does not apply to the disadvantage of a party
          because the party was responsible for the preparation of this
          agreement or any part of it; and

     (o)  if a day on or by which an obligation must be performed or an event
          must occur is not a Business Day, the obligation must be performed or
          the event must occur on or by the next Business Day.

1.3. HEADINGS

     Headings are for ease of reference only and do not affect interpretation.

2.   Term

     This term of this agreement shall commence on the Commencement Date and end
     at 7pm on the End Date unless terminated earlier in accordance with this
     agreement.


                                     News report broadcasting agreement / page 9

<PAGE>

3.   Reports

3.1. PROVISION OF REPORTS

     (a)  ATN agrees to provide to the Broadcaster for each Station the Reports
          and the Links in accordance with this agreement, the Broadcasting
          Specifications, the News Format and the Broadcasting Schedule during
          the Term.

     (b)  ATN agrees to notify the Broadcaster of any News Information not
          included in the Reports of which it becomes aware and is, in its
          opinion, of sufficient relevance and importance to warrant
          broadcasting.

     (c)  ATN agrees to provide to the Broadcaster for each Station new Reports
          and relevant Links in respect of each Broadcast Time of not less than
          the total duration specified by the Broadcaster from time to time as
          the length of the News Bulletin for the relevant Broadcast Time in a
          manner and format adequate and appropriate for all aspects of a News
          Bulletin to be broadcast at the relevant Broadcast Time and also news
          Reports and relevant Links sufficient for news updates including
          random updates (not being scheduled News Bulletins) in the numbers and
          within the timeframes for news updates set out in the Broadcast
          Schedule.

     (d)  The Reports shall be current and shall, as far as is reasonably
          practicable, represent the latest information available at the time of
          provision of the Report.

3.2. METHOD OF PROVISION OF REPORTS

     (a)  ATN must provide the Reports and the Links at the election of the
          Broadcaster in relation to each Station either:

          (i)  by live feed directly to the Broadcaster at the time stated in
               the Broadcasting Schedule and in a format compatible with the
               broadcasting system and technology used by the Broadcaster;

          (ii) in recorded format (compatible with the broadcasting system and
               technology used by the Broadcaster), in which case ATN must
               deliver the Reports to the Broadcaster a reasonable amount of
               time prior to the relevant time stated in the Broadcasting
               Schedule, as directed by the Broadcaster; or

          (iii) as described in 3.2(a)(ii) in a manner that is not compatible
               with the broadcasting systems and technology used by the
               Broadcaster, provided that

               (A)  ATN provides the Broadcaster with such equipment that is
                    necessary to make the format compatible with the
                    Broadcaster's broadcasting system and technology at its own
                    cost; and


                                    News report broadcasting agreement / page 10

<PAGE>

               (B)  the Broadcaster provides its consent, which must not be
                    unreasonably withheld.

     (b)  The Broadcaster may direct ATN in writing no later than 7 days prior
          to the relevant time stated in the Broadcasting Schedule, that ATN is
          to provide the Reports for a Station in accordance with either clause
          3.2(a)(i) or 3.2(a)(ii), such direction to remain in force until such
          time as the Broadcaster provides ATN with a subsequent direction for
          that Station.

     (c)  In the absence of any direction by the Broadcaster for any Station,
          the Reports for that Station shall be provided in accordance with
          clause 3.2(a)(i).

     (d)  To ensure that the Broadcaster is able to exercise its right to select
          and edit Reports ATN shall allow the Broadcaster real time access to
          the system used to create the Reports including any equipment
          necessary to view the Reports as they are being prepared.

     (e)  All Reports and Links must be delivered in a format which enables the
          Broadcaster to select, edit and/or reformat the Reports and Links at
          its discretion prior to Broadcast by the Broadcaster.

3.3. BROADCASTING OF REPORTS

     (a)  The Broadcaster shall be entitled to broadcast at its discretion the
          whole or part of each of the Reports on the Stations during any News
          Bulletin (or news update not being a scheduled News Bulletin)
          broadcast in accordance with the Broadcasting Schedule during the Term
          and at any time for a period of 30 days after the delivery of each
          Report.

     (b)  ATN acknowledges and agrees that nothing in this agreement shall in
          any way preclude or limit the Broadcaster from sourcing other reports,
          news items or other material of any nature whatsoever from third
          parties or otherwise, and broadcasting that material within any
          Broadcast Time including during any News Bulletin.

3.4. ADDITIONAL REPORTS

     (a)  At the request of the Broadcaster, ATN may agree to provide additional
          Reports beyond those stated in the Broadcasting Schedule at its own
          cost, the timing and frequency of which shall, subject to paragraph
          (b) of this clause be agreed between the parties at least 30 days in
          advance.

     (b)  At the request of the Broadcaster, ATN shall use best endeavours to
          provide additional Reports and Links for a Market on the occurrence of
          any:

          (i)  emergency, or

          (ii) natural disaster, or


                                    News report broadcasting agreement / page 11

<PAGE>

          (iii) election of any Government, or

          (iv) commencement of hostilities or war; or

          (v)  other incident or event warranting, by itself, additional
               Broadcast Times of Reports,

          affecting the Market or of relevance to the target audience of a
          Station. The timing and frequency of the additional Reports and Links
          to be provided under this clause shall be as reasonably required by
          the Broadcaster.

     (c)  Notwithstanding anything else in this agreement, ATN will supply such
          Reports as the Broadcaster would require to fulfil the Broadcasters
          obligations under any Broadcasting Regulation, including any
          requirement relating to emergency broadcasts, and ATN will ensure that
          any procedure necessary to fulfil that obligation is in place and is
          followed.

     (d)  The Broadcaster will give as much notice as reasonably practicable of
          a request for additional Reports under clauses 3.4(b) and ATN's
          obligations to provide those Reports is conditional on such notice
          being given.

     (e)  The Broadcaster will give as much notice as is reasonably practicable
          of a request for additional Reports under clause 3.4 (c) but it is
          acknowledged that an emergency broadcast requirement may arise without
          opportunity for notice and that ATN may therefore need to commence
          some emergency Report preparation or information gathering before the
          Broadcaster can either notify or discuss any additional Report
          planning.

     (f)  ATN shall notify the Broadcaster forthwith upon becoming aware of a
          highly newsworthy event or emergency that is likely to give rise to a
          request under Clause 3.4(b) or 3.4 (c).

     (g)  Once a notice is provided under paragraph (d),(e) or (f) of this
          clause the parties shall promptly discuss the report requirements of
          the Broadcaster to enable planning of the additional Reports schedule.

     (h)  In respect of additional Reports provided under this clause 3.4 the
          Broadcaster agrees to

          (i)  except in the case of reports also required under clause 3.4 (c)
               broadcast an additional Tag in respect of each additional
               Broadcast Time of a News Bulletin containing such additional
               Reports; and

          (ii) provide the Production Services in respect of those additional
               Reports including any required under clause 3.4 (c), at no
               additional cost to ATN.


                                    News report broadcasting agreement / page 12

<PAGE>

     (i)  It is acknowledged that additional Reports that are broadcast will not
          always be broadcast as part of a News Bulletin as their placement will
          depend upon the nature of the reason for the additional Reports.

3.5. RESTRICTED DAYS

     On the Restricted Days, ATN shall provide the Reports, and the Broadcaster
     shall broadcast, the Tags in accordance with the Restricted Broadcasting
     Schedule, but otherwise in accordance with this agreement.

3.6. DEFAULT IN PROVISION OF REPORTS AND LINKS

     If at any time ATN fails to provide the Reports and the Links for two
     consecutive Broadcast Times the Broadcaster shall be entitled to produce
     all Reports and Links until ATN shall show to the reasonable satisfaction
     of the Broadcaster that ATN is able to resume supply of the Reports and
     Links, and ATN will pay any cost and expense of the Broadcaster so doing.

4.   Tags


     (a)  In consideration of payment by ATN of the Tag Broadcast Fee under
          clause 9, and subject to:


          (i)  the Tags complying with the Tag Specifications and the
               requirements of clause 6, and

          (ii) the supply by ATN to the Broadcaster of the Reports and Links,

          the Broadcaster shall broadcast one Tag, at its own cost, for each
          Broadcast Time and on each Station in accordance with this clause.

     (b)  ATN must provide Tags to the Broadcaster prior to, or at the same time
          as, it provides the Reports in relation to each Broadcast Time. If ATN
          provides Tags prior to the Reports for a particular Broadcast Time,
          then ATN shall specify which Tag is to be broadcast at which Broadcast
          Time.

     (c)  Provided a Tag is provided to the Broadcaster in accordance with this
          clause, the Broadcaster must broadcast the Tag at or in close
          proximity to the Broadcast Time to which it relates for each Station.

     (d)  ATN must ensure that each Tag must be in accordance with the Tag
          Specifications.

     (e)  ATN shall provide with each Tag its recommended and preferred
          placement of such Tag within the relevant Broadcast Time, however the
          location of the Tags within each Broadcast Time will be determined by
          the Broadcaster at its discretion.


                                    News report broadcasting agreement / page 13

<PAGE>

     (f)  If the Broadcaster fails to broadcast any Tag as required under this
          agreement, the Broadcaster must use all reasonable endeavours to
          broadcast a replacement Tag at a time proposed by the Broadcaster and
          approved by ATN, (which approval will not be unreasonably withheld).

     (g)  The Broadcaster shall not be required to broadcast a Tag for any
          Broadcast Time for which it has not been provided Reports and Links by
          ATN.

5.   Production Services

     (a)  Subject to employee contractual, third party and other restrictions,
          the Broadcaster agrees to allow ATN reasonable access to the
          Production Resources during the Term for the purpose of:

          (i)  producing the Reports, the Links and the Tags; and

          (ii) gathering, researching, obtaining, preparing and summarising the
               News Information for the Reports,

     (b)  Subject to clauses 5(e) and 5(t), the Broadcaster shall use all
          reasonable endeavours to ensure that its employees, contractors and
          consultants comprising part of the Production Resources cooperate with
          ATN in relation to:

          (i)  producing the Reports, the Links and the Tags;

          (ii) gathering, researching, obtaining, preparing and summarising the
               News Information for the Reports; and

          (iii) any other associated activities reasonably requested by ATN for
               the purpose of production of the Reports or the Tags.

     (c)  The Broadcaster must maintain during the Term the lesser of:

          (i)  the same level of production resources as the Production
               Resources it possesses at the date of execution of this
               agreement; or

          (ii) such production resources as are reasonably necessary to prepare
               and produce the Reports, the Links and the Tags in accordance
               with this agreement,

     (d)  A failure by ATN to comply with its obligations under this agreement
          does not constitute a breach of this agreement if it was caused wholly
          or partly as a result of a failure by the Broadcaster to provide the
          Production Services in accordance with its obligations under this
          Agreement.

     (e)  ATN acknowledges and undertakes that employees of the Broadcaster who
          may form part of the Production Resources shall at all times be
          treated consistently with their employment contract or agreement so as
          not to trigger any termination


                                    News report broadcasting agreement / page 14

<PAGE>

          right on the part of the relevant employee and that nothing in this
          agreement will require the Broadcaster to act in any manner
          inconsistent with that employment contract.

     (f)  ATN shall fully consult with the Broadcaster's nominated
          representative in relation to any employment related issue concerning
          an employee of Austereo whose services comprise part of the Production
          Resources with a view to reaching an agreed outcome based on the
          principle that no employee forming part of the Production Resources
          shall be treated inconsistently with the customary human resources and
          employment policies of the Broadcaster.

     (g)  ATN will not seek to influence directly or indirectly the selection of
          topics for or material contained in Reports or Links or News
          Information based on or in furtherance of any commercial or other
          benefit to ATN.

     (h)  ATN will at all times during the Term provide a qualified senior
          journalist having substantial experience as manager of commercial
          radio journalists, as a contact person for ATN all matters or things
          that arise in relation to the provision of the Reports and Links and
          who will be available to and will consult with the Broadcaster
          relating to the manner and subject matter for communication with any
          employee of the Broadcaster whose resources are made available as part
          of the Production Resources.

     (i)  Should ATN notify the Broadcaster that ATN desires to produce the
          Reports and Links for a Market from a location other than their
          location in that Market at the commencement of this agreement, then
          the parties will expeditiously enter into good faith discussions to
          endeavour to facilitate the availability of such of the Broadcaster's
          Production Resources as may reasonably be relocated. It is
          acknowledged that the basis of such discussions will be that the
          Broadcaster will not be required to bear any additional expense as a
          result of any agreed relocation of Production Resources.

6.   Report and Tag requirements

     (a)  The Reports and the Tags and the Links shall, and ATN hereby warrants
          that the Reports and Tags and publication of them shall:

          (i)  comply with the Broadcasting Regulations;

          (ii) comply with the Broadcasting Specifications;

          (iii) not be in breach of the Trade Practices Act or any fair trading
               legislation or regulation;

          (iv) not be in breach of any privacy regulation or code;

          (v)  not be in breach of any other law or regulation;


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          (vi) not be in breach of any advertising or broadcasting industry code
               or industry agreement;

          (vii) to the best of ATM's knowledge and belief (applying best
               industry practice due diligence) not breach the Intellectual
               Property Rights of any person;

          (viii) not contain anything that may reasonably be considered likely
               to cause offence;

          (ix) not be reasonably likely to diminish the reputation or goodwill
               of the Broadcaster by virtue of:

               (A)  the reputation or character of any persons or products
                    associated with them; or

               (B)  any controversial information contained within them; or

               (C)  any other reason whatsoever;

          (x)  not contain anything that might promote a radio competitor of the
               Broadcaster;

          (xi) be of a quality reasonably expected of a person holding himself
               out as being capable of producing the Reports or the Tags and of
               no lesser quality than those produced by the Broadcaster
               immediately prior to this agreement,

          except to the extent that the failure of the Reports or Tags to comply
          with this clause is caused by changes to them by the Broadcaster.

     (b)  ATN acknowledges and agrees that notwithstanding the foregoing the
          Broadcaster shall not be required to broadcast any Tag which in the
          Broadcaster's opinion (acting reasonably) is in breach of any of the
          requirements of this clause 6 or otherwise in breach of this
          agreement.

7.   Changes to Broadcasting Schedule

     (a)  The parties acknowledge that it may be necessary to make amendments to
          the Broadcasting Schedule from time to time.

     (b)  The Broadcaster may, by serving notice on the other party at least 30
          days in advance, notify ATN of a change to the Broadcasting Schedule,
          provided that:

          (i)  the total number of Tags broadcast is not decreased;

          (ii) the total number of Reports broadcast is not increased except in
               accordance with clause 3.4; and


                                    News report broadcasting agreement / page 16

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          (iii) the Broadcaster must

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