Kyle Sandilands says he is relieved to have settled his multimillion dollar legal fight with his former employer, as ex-co-host Jackie "O" Henderson gears up for another day in court.
In an ASX announcement on Wednesday, ARN media said it would pay Sandilands $12 million, with $3 million payable as soon as July.
The figure is well below the $85 million the shock jock sought after he and his fellow KIIS FM co-host were sacked following an on-air row.
