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The Conversation
The Conversation
Cameron McTernan, Lecturer of Media and Communication, Adelaide University

Gina Rinehart and Southern Cross Austereo: what do billionaire media buyouts mean for democracy?

Gina Rinehart, Australia’s richest person and one of the world’s most powerful mining magnates, recently helped finance a deal to acquire a 10% stake in Southern Cross Austereo – the second largest commercial media broadcaster in Australia.

The company owns many major media brands including the Seven Network, West Australian Newspapers and Triple M.

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