Brief: Southern Cross Media Group
Southern Cross Media Group, formerly Macquarie Media Group, lost $148.07 million in the six months ended December 31 compared with a $127.26 million net loss for the first half of last year.
Southern Cross Media Group, formerly Macquarie Media Group , lost $148.07 million in the six months ended December 31 compared with a $127.26 million net loss for the first half of last year.
The result included a non-cash impairment charge of $170.6 million in relation to American Consolidated Media. Revenue fell 10 per cent to $264.93 million. Interim distribution was reduced from 4.5¢ to 3.5¢ and paid on February 17.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Media & marketing
Fetching latest articles