ARN Media chairman Hamish McLennan says he would be interested in buying Nine Entertainment’s network of talkback radio stations, calling for the relaxation of laws limiting dealmaking among media companies.

Mr McLennan is one of the most prominent media executives in the country, chairing ARN Media, which owns the KIIS and Gold radio stations and the iHeart podcast network, as well as the News Corp Australia-controlled REA Group, Australia’s largest real estate listings platform.