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The Latest Breaking News from Southern Cross

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

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

Seven merger with Southern Cross moves a step closer

The planned merger of a major radio network with a TV broadcaster has been approved by competition watchdog, moving a prominent mogul closer to retirement.

AAP

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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

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

Judge blocks imports of some Chilean sea bass from Antarctica in fishing feud at bottom of the world

A federal judge in Florida has blocked the imports of a high-priced Chilean sea bass from protected waters near Antarctica

The Independent UK

Fears for local news diversity if rightwing startup buys Southern Cross regional TV network

Fringe news streaming channel ADH TV, which launched with Alan Jones at the helm, confirms offer for 93 regional free-to-air stations

The Guardian - AU

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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

Southern Cross Club renovation will be the 'best place for sport in the valley'

A complete rebrand is on the cards.

The Canberra Times

Phil Manzanera 11-disc box set 50 Years Of Music to be released in November

50 Years Of Music features every Phil Manzanra solo studio album, from 1975's Diamond Head through to 2015's Sound Of Blue

Louder

End of the windmill era: NSW switches to safer, more efficient solar water pumps

Local land services say the new pumps will allow them to remotely monitor water levels, to provide a safe refuge for farmers in times of natural disaster

The Guardian - AU

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

ACM, Southern Cross Media proposal to create 'dynamic multimedia company'

Merged entity would be 'dynamic and exciting' media company.

The Canberra Times

The Guardian view on private equity and public services: this trend needs reversing

Editorial: From railways to nurseries and children’s homes, investors are taking advantage of chances to siphon taxpayer funds offshore

The Guardian - UK

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The Guardian - AU

Planes, trains and the Skybus: experts debate whether Melbourne urgently needs an airport rail line

The recent halting of the project and reports it could be stalled for years have cast doubt on whether it will ever take off

GamesRadar

Robotech: Rick Hunter takes the mecha saga into uncharted territory

Interview | Brandon Easton previews the new sci-fi series

Newsroom.co.nz

The mystery of NZ's weekday-only digital banking system

The world has had phone banking for almost 40 years; internet banking has been ubiquitous for 20 years. Computers don’t operate solely Monday to Friday. So why on earth is it only in the past couple of weeks that NZ’s payments system has geared up to work weekends?

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