June 2022
Southern Cross Austereo leaps into ‘attention’ economy
The home of the Hit and Triple M radio networks has conducted a pioneering study into just how much attention its audience is paying to content and ads.
March 2022
How Southern Cross’ plan to sell TV assets could play out
Network 10 is the obvious buyer for Southern Cross’s regional TV assets, but there could be options for Bruce Gordon’s WIN Corp to expand or Seven to nab more regional TV assets.
February 2022
SCA boss urges government to act on critical media reform
Grant Blackley wants the government and opposition to act on issues around accessibility of free TV and audio services in digital environments.
May 2021
Southern Cross and Network 10 affiliate deal ‘proceeding well’
The two groups are hammering out a deal under which the regional broadcaster will air shows like Masterchef in regional Queensland and Victoria.
February 2021
JobKeeper achieved its purpose, says Southern Cross
Southern Cross Austero chief executive Grant Blackley said the radio and television business would not return any JobKeeper subsidies it received, arguing the payments achieved their purpose.
November 2020
Media bosses urge government to act on code amid intense lobbying
Google and Facebook have devoted immense resources to lobbying parliamentarians since the draft media code was announced on July 31.
August 2020
Southern Cross debt 'historically low' amid uncertainty
The company reveals a revenue slide of 18.2 per cent to $540.8 million and says long-time chairman Peter Bush will retire at this year's annual meeting.
March 2020
Southern Cross mulls options for capital injection
A number of investment banks are pitching to Southern Cross to help the radio network and regional television broadcaster work out the best way forward.
Southern Cross halts trade to deal with virus crash
The owner of Triple M radio went into a trading halt on Monday afternoon after shares crashed 33.9 per cent to 16¢. In the last month, shares have fallen more than 79 per cent.
February 2020
Southern Cross earnings hit by tough ad market
The owner of Hit Network and Triple M saw net profit, excluding significant items, fall 32.7 per cent to $26.6 million in the first half.
December 2019
Media bosses' predictions on the year ahead
The Australian Financial Review's Media & Marketing section rounds out the year with a look into 2020 with 21 Australian media executive leaders.
Southern Cross floated oOh!media merger idea
The discussion of a nil-premium merger, while it did not progress, illustrates the hunger for deals in the outdoor advertising sector.
August 2019
Southern Cross rules out buying more TV assets
Southern Cross Austereo's CEO says the company is looking at M&A opportunities, but won't be taking on more television assets or moving into publishing.