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The Latest Breaking News from Southern Cross Media

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

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

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

Merged media group upbeat despite chief's sudden exit

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.

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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.

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

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.

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.

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App becomes Southern Cross' north star as profits drop

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.

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

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

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