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The Guardian - AU
The Guardian - AU
Business
Jonathan Barrett and Amanda Meade

Southern Cross Media approached to buy 14 newspapers and other assets from Australian Community Media

Southern Cross Australian Community Media Southern Cross Media ACM Australia
Newspapers in a stack
A number of Australian Community Media’s daily print and digital news publications could be acquired under a proposed deal with Southern Cross Media. Photograph: Isabel Pavia/Getty Images

The major radio and television broadcaster Southern Cross Media is considering a proposal to buy a portfolio of daily print, digital news and metropolitan titles from Australian Community Media (ACM) in a deal that would reshape the country’s publishing landscape.

Southern Cross, which is listed, disclosed to the stock exchange on Tuesday that it had been approached by the Antony Catalano-backed news company with a proposal to buy ACM assets.

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