Southern Cross Media Group

Last updated

Southern Cross Media Group
Type Public
ASX:  SXL
Industry Media
FoundedNovember 2007
Headquarters South Melbourne, Australia
Website southerncrossaustereo.com.au

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.

Contents

History

Southern Cross Media logo used until July 2011 Southern Cross Media Group logo.png
Southern Cross Media logo used until July 2011

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. [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]

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. [6] [7] Nine sold this stake in the business six months later. [8]

Assets

Related Research Articles

<span class="mw-page-title-main">Southern Cross Broadcasting</span>

Southern Cross Broadcasting (Australia) Limited was a diversified Australian media company, that owned and operated a variety of media businesses, primarily in radio and television.

<span class="mw-page-title-main">WIN Television</span> Australian TV network

WIN Television is an Australian television network owned by WIN Corporation that is based in Wollongong, New South Wales. WIN commenced transmissions on 18 March 1962 as a single television station covering the Wollongong region. The WIN Network has since grown to cover much of regional Australia. The network's name, WIN, originates from its first station, Wollongong's WIN-4. WIN has a program supply agreement with metropolitan broadcaster Nine Network, covering its stations in Regional Queensland, Southern and Western New South Wales, Griffith, Regional Victoria, Mildura, Tasmania, Eastern South Australia, and Regional Western Australia. WIN also has a program supply agreement with third-placed metropolitan broadcaster Network 10, for its Northern New South Wales station. WIN also produces and broadcasts weeknight half-hour local news bulletins across its Queensland, southern New South Wales, Victoria and Tasmania markets, as WIN News.

<span class="mw-page-title-main">TND (TV station)</span> Television station in Darwin, Northern Territory

TND is a television station in Darwin, Northern Territory. The station, launched in 1998 as Seven Darwin and broadcasting across Darwin, Palmerston and surrounding areas, is owned by Southern Cross Austereo. Its main competitor is the Nine Network's owned-and-operated station, NTD.

10 Regional is an Australian television network owned by Southern Cross Austereo that is broadcast in Queensland, New South Wales, Australian Capital Territory, Victoria and South Australia. The network is the primary affiliate of Network 10 in most regional areas.

<span class="mw-page-title-main">GTS/BKN</span> Regional TV stations in Australia

GTS/BKN are Australian regional television stations serving the Spencer Gulf of South Australia and the Broken Hill area of New South Wales. Based in Port Pirie with satellite offices in Broken Hill, Port Augusta, Whyalla and Port Lincoln, and studio and playout facilities based in Hobart, the station's name originates from the Port Pirie and Broken Hill stations' callsigns, GTS Port Pirie and BKN Broken Hill.

In Australia, regional television is the local television services outside of the five main Australian cities.

<span class="mw-page-title-main">Southern Cross Austereo</span> Australian media company

Southern Cross Media Group Limited, doing business as Southern Cross Austereo, is an Australian media company which operates broadcast radio and television stations. It is the largest radio broadcaster in Australia, operating 86 radio stations, and has a reach into every state and territory.

<span class="mw-page-title-main">Nine Entertainment</span> Australian media and entertainment company

Nine Entertainment is an Australian publicly listed media company with holdings in radio and television broadcasting, newspaper publications and digital media. It uses Nine as its corporate branding and also prefers this usage to be used for the parent company.

<span class="mw-page-title-main">Fairfax Media</span> Australian media company

Fairfax Media was a media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased The Sydney Morning Herald in 1841. The Fairfax family retained control of the business until late in the 20th century.

<span class="mw-page-title-main">QQQ</span> Television station in Queensland

QQQ is an Australian television station broadcasting in remote central and eastern areas of Australia, owned by Southern Cross Austereo. The station is available via satellite and terrestrial platforms – mostly through community retransmission sites, although it also transmits into the town of Mount Isa, Queensland under the call sign ITQ. The station is solely affiliated with the Seven Network.

<span class="mw-page-title-main">MyTalk</span> Defunct datacasting channel in Australia

MyTalk was a Fairfax Media television channel available to viewers of digital television in Australia. The datacast channel, launched on 13 April 2007, was designed to supplement the Southern Cross Ten and Southern Cross Television digital television services and the online portal. The channel was also localised for thirty markets to include international, national and local news, as well as weather updates.

<span class="mw-page-title-main">Seven (Southern Cross Austereo)</span> Regional affiliates of the Seven Network in Australia

Seven Regional is an Australian television network owned by Southern Cross Austereo that is available in Tasmania, Darwin, Spencer Gulf, Broken Hill and Remote Australia. The network is the primary affiliate of the Seven Network in the areas it serves.

<span class="mw-page-title-main">WIN Corporation</span> Private Australian media company

WIN Corporation is a private Australian media company, that owns assets including the WIN Television network, Crawford Productions and several local radio stations. The company is based in Wollongong, New South Wales.

<span class="mw-page-title-main">Triple M Riverina</span> Radio station in New South Wales, Australia

Triple M Riverina is an Australian radio station which transmits on 1152 kHz on the AM band. It is licensed to the city of Wagga Wagga, New South Wales. The station was originally owned by Eric Vernon Roberts BSc and his second wife Ida Annie "Nan" Roberts, who were both formerly school teachers in Narrandera. Both the studio and 100 watt AWA transmitter were originally located in the upper storey of the former Hardys' Building in Fitzmaurice Street overlooking the Wollundry Lagoon. A replacement transmitter of 2,000 watts, making 2WG one of the most powerful in Australia, was built by his brother Phil Roberts, on the Oura Road Transmitter site on 29 June 1932 and operated between 6.00 am and 11.00 pm. By June 1979 the transmitter site was located at coordinates 35° 8' south; 147° 22½' E, approximately 200 m east of the Olympic Highway and 200 m. north of Trahairs Road.

<span class="mw-page-title-main">Timeline of Australian television</span>

This timeline of Australian television lists important station launches, programs, major television events, and technological advancements that have significantly changed the forms of broadcasting available to viewers of television in Australia. The history of television in Australia can be traced back to an announcement from the Menzies' government concerning plans for television services in Sydney and Melbourne.

<span class="mw-page-title-main">9HD</span> Australian television channel

9HD is an Australian television channel owned by Nine Entertainment, originally launched on 17 March 2008 featuring unique "breakaway" programming until 2009 and a high-definition simulcast of the Nine Network from 2009 to 2010 and again since 26 November 2015. The channel is available on high definition digital television viewers in metropolitan and regional areas through a number of owned-and-operated and affiliate stations. Originally 9HD only simulcast blocks of programming from the Nine Network, and in 2008 it added time-shifted news, movies, drama and entertainment programs. Following the launch of 9Go! in August 2009, 9HD reverted to a HD simulcast of the Nine Network. The channel was replaced completely in 2010 and the space occupied by the newly launched multichannel 9Gem. Following the government's decision to remove the SD Primary Channel limitations, the channel returned as a HD simulcast on channel 90 on 26 November 2015.

hit93.1 Riverina Radio station in New South Wales, Australia

2WZD, which is branded as hit93.1 Riverina, is an Australian radio station that transmits on 93.1 MHz FM and is owned by Southern Cross Media.

<span class="mw-page-title-main">DTD (TV station)</span> Television station in Darwin, Northern Territory

DTD, also known as 10 Darwin, is a digital television station in Darwin, Northern Territory. It is jointly owned by Nine Entertainment and the Southern Cross Austereo and operates under the company name Darwin Digital Television.

9Life is an Australian free-to-air digital television multichannel owned by Nine Entertainment. The channel airs mostly foreign lifestyle and reality programs, with the channel having a licensing agreement with Discovery Inc. for the distribution of many formats.

Australian Community Media (ACM) is a media company in Australia responsible for over 160 regional publications. Its mastheads include the Canberra Times, Newcastle Herald, The Examiner, The Border Mail, The Courier and the Illawarra Mercury along with more than one hundred community-based websites across Australia and numerous agricultural publications including The Land and Queensland Country Life.

References

  1. "Southern Cross Broadcasting sold for $1.35b". Australian Broadcasting Corporation. 3 June 2007. Retrieved 3 June 2007.
  2. "Southern Cross falls to Mac and Fairfax". The Australian . 3 June 2007. Archived from the original on 9 November 2007. Retrieved 3 June 2007.
  3. "Company website". macquarie.com.au. 19 February 2010. Retrieved 19 February 2010.
  4. "InvestSmart profile". investsmart.com.au. 19 February 2010. Retrieved 19 February 2010.
  5. "Internalisation and Corporatisation Meetings" (PDF) (Press release). 17 December 2009. Retrieved 2 March 2010.
  6. Knox, David (18 March 2016). "Nine buys Southern Cross shares". TV Tonight . Retrieved 18 March 2016.
  7. "Telstra tipped to offload its Foxtel stake as Nine buys 9.9% of Southern Cross Austereo". Mumbrella . 18 March 2016. Retrieved 18 March 2016.
  8. "Nine sells stake in Southern Cross after only six months". AdNews. 30 September 2016. Retrieved 7 August 2019.
  9. Editor & Publisher