Jackie ‘O’ Henderson’s bid for an $82 million payout is facing renewed scrutiny following Kyle Sandilands’ $12 million settlement with ARN, with insiders suggesting she could ultimately walk away with less than her longtime co-host if she chooses to settle.
Sandilands’ reduced settlement, which includes $1.5 million in advertising contra, has reset expectations around what ARN may be willing to pay as Henderson continues her Federal Court fight.
Sandilands’ payout is understood to reflect roughly a year’s salary under his contract, which reportedly included a multimillion-dollar base fee plus a $1 million sign-on bonus and a $3 million one-off fee.
Henderson’s contract with ARN may not include such add-ons, meaning that if she does settle her payout would more likely land between $7.5 million and $10 million.
Henderson is suing ARN for wrongful termination, alleging that her dismissal was against the Fair Work Act.
At the centre of the dispute is ARN’s claim that Henderson herself initiated the end of the Kyle and Jackie O Show after raising ‘psychosocial health and safety and bullying complaints’ about Sandilands.
Jackie ‘O’ Henderson’s bid for an $82 million payout is facing renewed scrutiny following Kyle Sandilands’ $12 million settlement with ARN, with insiders suggesting she could ultimately walk away with less than her longtime co-host if she chooses to settle
Sandilands’ reduced settlement, which includes $1.5 million in advertising contra, has reset expectations around what ARN may be willing to pay as Henderson continues her Federal Court fight
Henderson has rejected this, insisting she did not resign despite ARN previously stating she had given notice she could no longer work with her co-host.
The two sides also remain at odds over whether an alternative program was ever offered to Henderson, a claim her legal team denies.
Former radio boss James Cridland weighed in on the matter during an appearance on the Today show on Thursday, claiming he believes Henderson may settle.
‘I mean Jackie will be looking at Kyle’s settlement and thinking, ‘Well, you know, there is an opportunity there that means that I don’t have to go through court’,’ he said.
‘I mean, nobody really wants to go through court.’
Cridland said Henderson may reach a different kind of settlement to that of Sandilands, however.
‘I’m not sure that Jackie was done particularly well by, so it will be fascinating to see what happens there,’ he added.
Henderson is set to appear in court in August for a hearing, while the trial will begin in October.
Henderson is suing ARN for wrongful termination, alleging that her dismissal was against the Fair Work Act
Sandilands’ settlement closes a bitter chapter following the termination of his $100 million contract after the collapse of KIIS FM’s Kyle and Jackie O Show in March
Sandilands’ settlement closes a bitter chapter following the termination of his $100 million contract after the collapse of KIIS FM’s Kyle and Jackie O Show in March.
It was previously reported that the radio shock jock would receive $15 million over the next three years as part of the agreement.
However, according to an ASX statement released on Wednesday morning, ARN has actually agreed to pay Sandilands $12.09 million.
The total payout is a fraction of the sum Sandilands was demanding, with the radio star previously indicating he was owed as much as $85 million for the remainder of his massive contract term.
ARN has also agreed to advertise Sandilands’ new independent media project in a $1.5 million deal over the next three years.
ARN and Sandilands have also agreed to a net revenue share agreement, under which ARN will receive 19.9 per cent from Sandilands’ new venture for a period of up to three years.
Sandilands is also prevented from dealing with any of ARN’s direct competitors for nine months.
Sandilands’ former co-star Jackie ‘O’ Henderson is moving forward with her case against ARN.
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