November
Southern Cross hit with first strike, with chairman under pressure
The regional broadcaster’s three biggest shareholders – including its major rival ARN Media – will vote against executive pay despite no bonuses handed out.
- Sam Buckingham-Jones
September
Samuel Terry emerges as ARN Media kingmaker with 16pc stake
The activist investment firm has become the television and radio broadcaster’s largest shareholder as the company attempts to consolidate regional media.
- Sam Buckingham-Jones
August
Catalano and Waislitz plot with ARN on Southern Cross takeover
The chairman of Australian Community Media, publisher of The Canberra Times, flew to Sydney for discussions with executives about whether a bid could be revived.
- Sam Buckingham-Jones
July
Airtasker bets $10m stake on radio, outdoor media surge
Airtasker founder Tim Fung has signed two deals in two weeks with media companies to promote its gig economy platform.
- Sam Buckingham-Jones
May
Catalano taps Barrenjoey, ABL to push Southern Cross deal
Media entrepreneur Antony Catalano wants Southern Cross Austereo to buy his and partner Alex Waislitz’s regional media business.
- Sam Buckingham-Jones
- Updated
- Media & marketing
$250m deal to reshape radio market collapses
Southern Cross Austereo’s regional TV stations proved the sticking point for Anchorage Capital Partners’ deal. ARN is left to try and salvage a way forward.
- Updated
- Sam Buckingham-Jones
March
More Southern Cross shareholders back removing chair Rob Murray
Facing a new takeover offer from ARN Media and Anchorage Capital Partners, nearly 40 per cent of Southern Cross Austereo shareholders want to remove its chair.
- Sam Buckingham-Jones
ARN ups its offer in ‘frustrating’ Southern Cross Austereo takeover
The company that owns the KIIS and Pure Gold radio brands has spent five months trying to buy its rival. It just increased its bid.
- Sam Buckingham-Jones
- Updated
- Media & marketing
Southern Cross’ big shareholders in push to oust board and executives
Chairman Rob Murray has defended his side’s handling of a takeover offer from rival ARN Media, and says ARN is not sharing critical information.
- Updated
- Sam Buckingham-Jones
November 2023
Takeovers Panel backs Bolton, rules against ARN in Southern Cross bid
The company proposes to divide the assets of its rival television and radio broadcaster between itself and its private equity partner, Anchorage Capital.
- Sam Buckingham-Jones
- Exclusive
- Media & marketing
Kyle & Jackie O’s new 10-year deal nets them millions in shares
ARN will spend big promoting the controversial show in Melbourne next year – and the city’s GOLD 1043 host, Christian O’Connell, has signed for a further five years.
- Sam Buckingham-Jones
October 2023
ARN offer ‘opportunistic’, says Southern Cross
In his first interview since his main rival made a bold bid to buy them out, Southern Cross Austereo chairman Rob Murray said due diligence would take time.
- Sam Buckingham-Jones
Network Ten doesn’t want to buy Southern Cross Austereo’s TV stations
The most likely buyer for the listed media company’s 96 regional TV signals, Network Ten owner Paramount, says it doesn’t need them.
- Sam Buckingham-Jones
Kyle and Jackie O to take on Melbourne in new $200m KIIS FM contract
Kyle Sandilands and Jackie Henderson are two of the country’s most powerful broadcasters. Their platform will soon get bigger.
- Sam Buckingham-Jones
September 2023
Jackie O wants a radio exit strategy
Jackie Henderson, half of the country’s most successful FM radio show, is about to ink her biggest contract yet. But she’s already planning life after radio.
- Jemima Whyte
August 2023
What The New York Times’ results say about Australia’s media stocks
The Gray Lady has posted strong results, buoyed by an unexpectedly resilient US digital ad market. Meanwhile, local media companies are bracing themselves.
- Sam Buckingham-Jones
May 2023
ARN chiefs not at King Kyle’s wedding
Guess the radio network’s golden goose is way past managing up.
- Myriam Robin
February 2023
- Exclusive
- Mergers & acquisitions
HT&E’s biggest investor sees benefits to media consolidation
Free-to-air broadcasters have a ‘bad habit’ that makes them less appealing as investments, Tim Hillier from Allan Gray – HT&E’s biggest shareholder – says.
- Sam Buckingham-Jones
May 2022
Smashed small caps that can turn into portfolio treasures
The best time to buy is when they get badly oversold. Professional investors share the stocks they like and what to watch out for.
- Tony Featherstone
February 2022
All the profit results for February 23, 2022
Results briefing | News and analysis on today’s profit results from Woolworths, WiseTech, APA, Carbon Revolution, Charter Hall Retail, Coronado, Domino’s Pizza, Healius, HT&E, Karoon Energy, McPherson’s, Pilbara Minerals, Scentre, Stockland, Wagners, Worley and Ventia Services.