What happened to Southern Cross Media Group?
What happened to Southern Cross Media Group?
The company was then renamed from Macquarie Media Group to its current name on 17 December 2009. In March 2016, Macquarie Group sold a 15.7% stake in Southern Cross Media worth $130 million, and of that 9.9% was purchased by Nine Entertainment, the owner of the Nine Network.
Who owns Southern Cross Media?
It is the largest radio broadcaster in Australia, operating 86 radio stations, and has a reach into every state and territory….Southern Cross Austereo.
| Type | Subsidiary |
|---|---|
| Headquarters | Melbourne, Victoria, Australia |
| Parent | Southern Cross Media Group |
| Website | southerncrossaustereo.com.au |
What is SCA network?
Southern Cross Austereo (SCA) is one of Australia’s leading media companies reaching more than 95% of the Australian population through its radio, television, and digital assets. Under the Triple M and Hit network brands, SCA owns 99 stations across FM, AM, and DAB+ radio.
Who owns Hit FM?
Southern Cross Austereo
The Hit Network is an Australian commercial radio network owned and operated by Southern Cross Austereo. The network consists of 41 radio stations broadcasting a hot adult contemporary music format, as well as 6 digital radio stations.
Is SXL a good investment?
Price-To-Earnings vs Peers: SXL is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (21x).
Who owns Today FM Australia?
2Day FM
| Sydney, New South Wales Australia | |
|---|---|
| Format | Adult contemporary, Hot adult contemporary |
| Affiliations | Hit Network |
| Ownership | |
| Owner | Southern Cross Austereo (Today FM Sydney Pty Ltd) |
What is Southern Cross Media Group?
Company Description: Formerly Macquarie Media Group, Southern Cross Media Group is a leading regional broadcaster in Australia. The company owns more than two dozen television stations that reach about 7.5 million people. Some of its stations are affiliated with national network TEN.
Who owns the Australian Radio Network?
Here, There & EverywhereAustralian Radio Network / Owner
What does Nova Entertainment own?
Nova Entertainment (Australia) Pty Ltd – Products & Brands SmoothFM – Melbourne & Sydney. FIVEaa – Adelaide. Star 104.5 – Central Coast. Coles Radio – Digital radio streamed across 760 Coles stores nationally.
What do SXL do?
SXL Stock Overview. Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks.
How many employees does Southern Cross Austereo have?
approximately 1,840 people
The company employs approximately 1,840 people, operates throughout Australia and is administered by its head office in South Melbourne.
Who owns the radio stations in Australia?
Australian Radio Network
| Formerly | Australian Radio Network |
|---|---|
| Area served | Australia |
| Services | Radio: KIIS Network Pure Gold Network CADA Digital media: iHeartRadio |
| Owner | Here, There & Everywhere |
| Parent | Here, There and Everywhere |
Who owns Kiss FM Australia?
the ARN
The KIIS Network is an Australian commercial radio stations owned and operated by the ARN. Formerly branded as the Mix Network, the network was rebranded as the KIIS Network in 2015 following the relaunch of KIIS 101.1 Melbourne….KIIS Network.
| Programming | |
|---|---|
| Language(s) | English |
| Ownership | |
| Owner | ARN |
| History |
Who owns Nova Australia?
Illyria Nominees Television Pty Ltd
Nova Entertainment (Australia) Pty Ltd is a wholly owned subsidiary of Australia-based Illyria Nominees Television Pty Ltd, a private investment company.
What do Southern Cross Media Group do?
Southern Cross Media Group Limited is a locally-owned public listed company, deriving its revenue from the creation of audio content for distribution on broadcast and digital networks, as well as broadcasting free-to-air television content in regional markets.
Who is Southern Cross Media Group Limited?
Southern Cross Media Group Limited is a locally-owned public listed company, deriving its revenue from creating and broadcasting content on free to air commercial television, radio and online. The company employs approximately 1,840 people, operates throughout Australia and is administered by its head office in South Melbourne, Victoria.
What happened to Southern Cross Media?
In March 2016, Macquarie Group sold a 15.7% stake in Southern Cross Media worth $130 million, and of that 9.9% was purchased by Nine Entertainment, the owner of the Nine Network. Nine sold this stake in the business six months later.
Where is the headquarters of Southern Cross Broadcasting?
Its headquarters are in South Melbourne . On 3 July 2007 Southern Cross Broadcasting recommended Macquarie Media Group’s offer of A$ 1.35 billion, for a takeover of the corporation. Under the deal, Macquarie Media Group would then onsell the metropolitan radio stations to Fairfax Media.
Where is Southern Cross Austereo based?
Southern Cross Media Group (formerly Macquarie Media Group) is one of Australia ‘s major media companies, as the parent company of Southern Cross Austereo. Its headquarters are in South Melbourne .
