Southern Cross Media Group
 | |
| Public (ASX: SXL) | |
| Industry | Media |
| Founded | November 2007 |
| Headquarters | Sydney, Australia |
| Owner | Macquarie Bank |
| Website | southerncrossaustereo.com.au |
"Macquarie Media Group" redirects here. For the unrelated company formerly operating as Macquarie Radio Network, see Macquarie Media.
Southern Cross Media Group (formerly Macquarie Media Group) is one of Australia's major media companies. 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 will then on sell the metropolitan radio stations to Fairfax Media.[1] On 5 November 2007, the company officially acquired Southern Cross Broadcasting's assets.[2] On 17 December 2009 shareholders approved a restructuring plan. The company was then renamed from Macquarie Media Group to its current name on 17 December 2009.[3][4][5]
Assets
- Southern Cross Austereo
- Taiwan Broadband Communications (60%)
- American Consolidated Media (10% non-voting stake) [6]
- 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 Nine Entertainment Co.)
References
- ↑ "Southern Cross Broadcasting sold for $1.35b". abc.net.au. 3 June 2007. Retrieved 3 June 2007.
- ↑ "Southern Cross falls to Mac and Fairfax". The Australian. 3 June 2007. Retrieved 3 June 2007.
- ↑ "Company website". macquarie.com.au. 19 February 2010. Retrieved 19 February 2010.
- ↑ "InvestSmart profile". investsmart.com.au. 19 February 2010. Retrieved 19 February 2010.
- ↑ "Internalisation and Corporatisation Meetings" (PDF) (Press release). 17 December 2009. Retrieved 2 March 2010.
- ↑ Editor & Publisher
External links
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