River 94.9 (callsign: 4MIX) is a commercial radio station that broadcasts to South East Queensland.
It was sold in May of that year to Grant Broadcasters by owners Fairfax Media, due to diversity rules controlled by Australian Communications and Media Authority, which prevents more than 2 licences overlapping into a market owned by the same group.
[10][11] In November 2021, River 94.9, along with other stations owned by Grant Broadcasters, were acquired by the Australian Radio Network.
This deal will allow Grant's stations, including River 94.9, to access ARN's iHeartRadio platform in regional areas.
[12] To comply with Australian Communications & Media Authority regulations that limit the number of radio stations an owner can have in one city, ARN is forced to sell 4KQ at some point in time.