Southern Cross Broadcasting
From Wikipedia, the free encyclopedia
| Southern Cross Broadcasting (Australia) Limited |
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| Fate | Acquired |
| Successor | Fairfax Media Macquarie Media Group |
| Founded | August 20, 1987 |
| Defunct | November 5, 2007 |
| Location | Melbourne, Australia |
| Industry | Media |
| Products | Television Radio |
| Key people | Tony Bell, Managing Director John Dahlsen, Chairman |
Southern Cross Broadcasting (Australia) Limited (ASX:SBC) was a diversified Australian media company, that owned and operated a variety of media businesses, primarily radio and television.
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[edit] History
- May 30, 2007 - Southern Cross Broadcasting announced its sale of NWS-9 (its Adelaide 9-affiliated TV station) to the WIN Corporation for $105 million.[1]
- July 3, 2007 - Southern Cross Broadcasting recommended Macquarie Media Group's offer of AU$1.35 billion, for a takeover of the corporation.[2] The proposed Scheme is subject to approval by SCB shareholders at a Scheme Meeting expected to be held in October 2007.
- July 3, 2007 - If the sale to Macquarie Media Group is successful, MMG have a separate arrangement directly with Fairfax Media to on-sell to them Southern Cross Broadcasting's radio assets, as well as the Southern Star Group, Satellite Music Australia and their digital media businesses.[3] Only Southern Cross's television stations would remain with Macquarie Media Group. Conversely, Fairfax's radio assets would become part of Maquarie.
- November 5, 2007 - The company's assets were officially acquired by the Macquarie Media Group.[4]
[edit] Assets
[edit] Television stations
- Southern Cross Ten
- CTC - Australian Capital Territory/Southern NSW (Canberra, Wollongong, Wagga Wagga, South Coast)
- GLV/BCV - Victoria (Bendigo, Ballarat, Gippsland, Albury-Wodonga)
- NRN - Northern NSW/South East QLD (Newcastle, Central Coast, North Coast, Gold Coast)
- TNQ - Queensland (Toowoomba, Mackay, Rockhampton, Townsville, Cairns)
- SGS/SCN - South Australia (Spencer Gulf region of South Australia and Broken Hill, New South Wales)
- Southern Cross Television
- TNT - Tasmania (Hobart and Launceston)
- TND - Northern Territory (Darwin)
- GTS/BKN - South Australia (Spencer Gulf region of South Australia and Broken Hill, New South Wales)
- QQQ - Central Australia (Remote Eastern and Central Australia)
- Tasmanian Digital Television (50% share with WIN Corporation)
- Darwin Digital Television (50% share with PBL Media)
- MyTalk defunct November 5, 2007
[edit] Radio stations
- 2UE (Sydney)
- 3AW (Melbourne)
- 4BC (Brisbane)
- 6PR (Perth)
- Magic 1278 (Melbourne)
- 4BH (Brisbane)
- 96FM (Perth)
[edit] Radio stations News
- Southern Cross Network News
[edit] Other Businesses
- Southern Star Group
- Satellite Music Australia [1]
[edit] See Also
[edit] References
- ^ WIN buys Channel 9 Adelaide. AAP. theage.com.au (2007-05-30). Retrieved on 2007-05-30.
- ^ Southern Cross Broadcasting sold for $1.35b. abc.net.au (2007-06-03). Retrieved on 2007-06-03.
- ^ Letter to shareholders regarding Macquarie Media Group proposed acquisition. Southern Cross Broadcasting (2007-06-19). Retrieved on 2007-06-19.
- ^ Southern Cross falls to Mac and Fairfax. The Australian (2007-06-03). Retrieved on 2007-06-03.
