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Nova Entertainment operates commercial radio networks in metropolitan and regional areas of Australia. The company is owned by Lachlan Murdoch's Illyria Pty Ltd which purchased the remaining 50% it did not own from Daily Mail and General Trust in September 2012.
Nova Entertainment was formed in early 1996 under the name dmg Radio Australia, followed later in the year with the A$46M acquisition of 85% of the Broadcast Media group of regional stations. This was shortly followed by FIVEaa on September 26, 1996. The founding Chairman and CEO were Charlie Cox and Paul Thompson respectively. The company grew rapidly to over 64 radio stations across New South Wales, Victoria, South Australia, Queensland and Western Australia under the Star FM, Hot FM, Nova and vega (now Smooth 95.3 and Smooth 91.5) brands. In September 2004, Nova Entertainment sold most of its regional radio stations to Macquarie Bank, keeping only Hot 91 Sunshine Coast (later sold in early 2005) and Star 104.5 in Gosford, which they still own and operate.
In April 2009, Nova Entertainment launched two new digital radio stations: NovaNation, a 24/7 digital dance station and Koffee, a chillout music station. These stations were launched as part of the introduction of DAB+ digital broadcasting in Australia's major state capital cities. On 24 December 2013, NovaNation ceased broadcasting as a DAB+ station. Both stations also stream online.
On Friday 12 March 2010 vega rebranded with the name Classic Rock to counteract similar stations Gold 104.3, WSFM and Triple M. Nova Entertainment announced the change to Vega's brand as the stations had struggled towards the bottom of the ratings ladder in both Sydney and Melbourne. In building these new stations dmg Radio needed a "simple, focused music concept that would appeal to the 35-54 audience," according to CEO Cathy O'Connor. The stations later became 91.5 FM in Melbourne and 95.3 FM in Sydney.
In February 2014, dmg Radio Australia rebranded under the name Nova Entertainment to reflect the company's increasingly diversified interests in radio and the media and entertainment industries. The new company name has been developed to encapsulate both the pride and heritage of the company’s original and successful FM launch brand, Nova, with its recent evolution into the broader media and entertainment space. 
- Nova 96.9 - Sydney 96.9 MHz
- Nova 100 - Melbourne 100.3 MHz
- Nova 93.7 - Perth 93.7 MHz
- Nova 91.9 - Adelaide 91.9 MHz
- Nova 106.9 - Brisbane 106.9 MHz
Previous to changes in media ownership restrictions, Nova Entertainment owned the vast Star FM network. Most stations were sold to Southern Cross Media (now Southern Cross Austereo) in 2004, however as they already owned 2GGO, known as 2GO, and Sea FM in the Central Coast radio market, Nova Entertainment maintained ownership of Star 104.5 FM.
Star 104.5 carries an adult contemporary format compared to the CHR format of other Star FM stations.
FIVEaa is a talk radio station exclusively broadcast in Adelaide on 1395 AM and Digital Radio. The station shares some resources with Fairfax Media stations, including sharing news and sport (primarily Australian Rules football) resources.
- NovaNation - Online only dance station (no longer available on digital radio).
- Koffee - Chillout music station, available in most mainland state capitals, with the exception of Perth.
- Coles Radio
- smoothfm - Queensland, South Australia & Western Australia
Smooth is a 24 hour Australian pay television music channel available via Foxtel satellite and cable services. It launched on 3 December 2013, dedicated to easy listening adult contemporary music.
- "Lachlan Murdoch acquires other half of DMG Radio", MediaSpy, 2012-09-02, retrieved 2012-09-03
- "DMG Radio Australia Acquires 12 Radio Stations". Asia Pulse. 1996-09-24.
- Jacques, Bruce (1996-09-25). "Daily Mail Arm Buys Australian Radio Group.". Financial Times. p. 34.
- Jemison, Simon (1996-09-26). "DMG pays $7m for 5AA". The Australian Financial Review (Late ed.). p. 26.
- Chapman, Heather (1996-09-30). "They're Back - And How". Sydney Morning Herald. p. 8. Retrieved 2012-02-09.
- "DMG Radio rebrand sees launch of smoothfm in Sydney and Melbourne". Retrieved 29 May 2012.
- "DMG Radio rebrands as Nova Entertainment, denies move related to Daily Mail’s arrival". Retrieved 26 February 2014.
- Knox, David (1 November 2013). "Foxtel refreshes music channels". TV Tonight. Retrieved 1 November 2013.
- "Summer Channel Changes". Foxtel. Retrieved 1 November 2013.
- Nova Entertainment
- Nova 969 Sydney
- Nova 100 Melbourne
- Nova 937 Perth
- Nova 919 Adelaide
- Nova 106.9 Brisbane
- Smooth 95.3 Sydney
- Smooth 91.5 Melbourne
- FIVEaa Adelaide
- Star 104.5FM Central Coast