Southern Cross Media Group

ARN ups its offer for SCA

15 March 2024 A week ago the Southern Cross Media Group (SCA) Board said no to the indicative takeover proposal from ARN and Anchorage Capital Partners saying, and...

Nine Radio streaming audience continues to grow

11 March 2024 The streaming audience for Nine’s talk stations continue to grow with new figures showing a 12% annual growth in session starts during February. The figures,...

SCA half year results: Audio earnings flat, LiSTNR booms, takeover bid still pending

29 February 2024 Southern Cross Media Group (SCA)'s half year audio earnings results to December 31, 2023 were flat, similar to other networks, but with notable positives. LiSTNR...

ARN able to proceed again with SCA takeover proposal

18 January 2024 The Australian Government Takeovers Panel has reviewed and changed its decision that the Australian Radio Network (ARN) acquired some of its shares in Southern Cross...

Review panel still finds unacceptable circumstances in ARN’s proposed takeover of SCA

22 December 2023 In what should be the last update for 2023 in ARN's proposed takeover of SCA, the Australian Government review panel have reaffirmed their initial decision...

ARN takeover of SCA found to have “unacceptable circumstances”

23 November 2023 That's that then. Or is it? The Australian Government Takeovers Panel has made a declaration of unacceptable circumstances around ARN and Anchorage Capital Partner's (ACP)...

Seven West acquires shareholding in ARN

13 November 2023 Five months after the Australian Radio Network (ARN) acquired a 14.8% interest in Southern Cross Media Group Limited (SCA) it has been announced today that...

Australian Community Media proposes merger with SCA

10 November 2023 The ongoing speculative partnerships, separations and mergers between the Australian Radio Network (ARN), Southern Cross Media Group Limited (SCA), Anchorage Capital Partners (ACP) and now...

The radio plot thickens in SCA takeover bid

25 October 2023 By Radioinfo Writer and Editor Jen Seyderhelm For those of you following along at home the happenings this year in two of Australia’s major radio...

ARN Media puts in a bid for Southern Cross Media’s share capital

18 October 2023 ARN Media Limited (ARN) and Anchorage Capital Partners Pty Limited (ACP) have made a non-binding indicative offer to Southern Cross Media Group Limited (SCA) to...

Radio salaries – how much is too much and how much isn’t a living wage?

18 September 2023 Speculation is again mounting that there is some sort of bidding war going on between the Australian Radio Network (ARN) and Southern Cross Austereo (SCA)...

ARN Media acquires 14.8% stake in Southern Cross Media Group

20 June 2023 ARN Media has spent $38.3 million to acquire a 14.8% interest in Southern Cross Media Group Limited. The Australian Financial Review (subscription required) reported the...

Southern Cross Media Group annual financial results ‘disappointing’

26 August 2015 Southern Cross Media Group Limited has announced its financial results for the full year to 30 June 2015. CEO Grant Blackley advised that the reported net...

SCA appoints Brian Gallagher as its Chief Sales Officer

3 July 2015 Southern Cross Media Group Limited has announced BRIAN GALLAGHER as its Chief Sales Officer, effective July 15, 2015. This newly created role will see Mr...

Appointment of non-executive director to Southern Cross Media

24 April 2015 Southern Cross Media Group chairman, Peter Bush has announced the appointment of Helen Nash as Non Executive Independent Director to the SCMG Board. Helen has...