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SCA to add Redwave Media to its stable of stations

Friday 18 October, 2019
Southern Cross Austereo has advised sharholders that it is about to buy WA’s Redwave Media, with RedFM and Spirit AM stations in Broome, Geraldton, Karratha and Port Hedland and Southwest/Bunbury.
 
The purchase from the Seven West Media Group of $28 million is payable in cash and SCA has told investors that “…the acquisition is expected to be earnings per share accretitive in the current year and to generate a return on invested capital above SCA’s hurdle rate of 8.9%.”

RED FM spreads the Movember message across North West WA

Wednesday 28 November, 2018

RED FM’s Alana & Robbie have travelled to the mining town of Newman in North West WA for the ‘BHP Red for Movember Tour’ in support of Movember and spoke with various BHP Executives and employees who shared their Movember stories.
 

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