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

History

  • May 30, 2007 - Southern Cross Broadcasting announced its sale of NWS-9marker (its Adelaide 9-affiliated TV station) to the WIN Corporation for $105 million.

  • July 3, 2007 - Southern Cross Broadcasting recommended Macquarie Media Group's offer of AU$1.35 billion, for a takeover of the corporation. 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. 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.


Assets

Television stations



Radio stations



Radio stations News



Other Businesses



See also



References



External links




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