Credit Suisse says APN News & Media will soon lead radio revenues, while rival Southern Cross Austereo could face challenges. The companies look similar: they reach one-quarter of Australia’s radio audience each, and both have a market value of more than $750 million. But their shares prices tell a different story. Since January, APN News & Media shares have soared more than 75 per cent, whereas Southern Cross Austereo – owner of top-40 stations 2Day FM and Fox, and rock station Triple M – is down by more than a third. Credit Suisse analyst Samantha Carleton has tipped APN to soon lead radio revenues, while Southern Cross Austereo could face a tougher time.