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The Latest Breaking News from Southern Cross Media

Billionaire Stokes family back in the box seat at Seven

Ryan Stokes has been appointed chairman of the Southern Cross Media Group, the company that owns the Seven Network, The West Australian and Triple M.

AAP · Sep 7

Australian shares inch higher as energy stocks rally

The local stock market has had a subdued start to the week, with commodity prices driving sentiment and traders holding back ahead of a US bank holiday.

AAP · Sep 7

Aussie media titan soldiers on during brutal ad drought

More aggressively monetising customers' data is on the table as part of a media empire's vicious cost-cutting and revenue-raising mechanisms after a tepid year.

AAP · Aug 10

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Media and political complacency is letting Pauline Hanson re-write the rules on accountability

“Disappointing” was the best Guardian Australia could muster when Pauline Hanson’s One Nation banned it from a press conference, this time called to announce the party’s candidates for the forthcoming Victorian state election.

The Conversation · Aug 4

A right mess: how mining, media and political interests are combining to influence public debate in Australia

Mining billionaire Gina Rinehart is bankrolling the acquisition of a 9.5% stake in Southern Cross Media by Bruce McWilliam, who worked for Murdoch’s News Corp for nine years and is also a former Seven Network executive.

The Conversation · Jun 10

Gina Rinehart bankrolls purchase of 10% stake in Seven network owner Southern Cross Media

The $26m deal involving media executive Bruce McWilliam signifies return to media business for mining billionaire after previous holdings in Fairfax and Ten

The Guardian - AU · May 27

Merged media group upbeat despite chief's sudden exit

Southern Cross Media has played up the value of its new TV assets, which under its previous owner battled a weaker ad market and competition from streamers.

AAP · Feb 23

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Mega media group merger clears shareholder hurdle

Seven West Media shareholders have overwhelmingly agreed to the TV network's merger with Southern Cross Media, with the union set to be complete in weeks.

AAP · Dec 22, 2025

The Australian media is more concentrated than ever. Here are the 3 moments that got us here

In its announcement of the proposed merger with Southern Cross Media, Seven West described the deal as “consistent with Seven West’s stated strategic position of being in support of media consolidation in Australia”.

The Conversation · Oct 9, 2025

Stokes rides towards sunset after rags-to-riches career

At age 85, Kerry Stokes might finally be ready to call it a day, bringing to an end one of Australian media's most eventful careers.

AAP · Sep 30, 2025

Networks join forces to create $416m media monolith

A $416 million merger between the owner of Australia's most popular TV network and the country's biggest radio broadcaster has ignited their share prices.

AAP · Sep 30, 2025

App becomes Southern Cross' north star as profits drop

Australia's largest radio broadcaster has recorded a 14 per cent drop in earnings with its streaming app one of the few bright spots.

AAP · Aug 29, 2024

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

ACM staff told deal will help ‘secure a more prosperous future’ as sector consolidation continues

The Guardian - AU · May 28, 2024

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