Southern Cross Media Group (formerly Macquarie Media Group) is one of

Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...

's major media companies, as the parent company of

Southern Cross Austereo Southern Cross Media Group Limited, Trade name, doing business as Southern Cross Austereo, is an Australian media company which operates broadcast radio and Terrestrial television, television stations. It is the largest radio broadcaster in Au ...

. Its headquarters are in South Melbourne.

History

On 3 July 2007

Southern Cross Broadcasting 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. History Tony Bell was managing director of the business betwe ...

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 Fairfax Media was a media (communication), 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 ...

. On 5 November 2007, the company officially acquired

's assets. 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. 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 Nine Entertainment Co. Holdings Limited is an Australian publicly listed company with holdings in mass media radio and television broadcasting, publishing and digital media. It uses Nine as its corporate branding. The entity is largely a succ ...

, the owner of the

Nine Network Nine Network (stylised 9Network, and commonly known as Channel Nine or simply Nine) is an Australian commercial free-to-air television network. It is owned by parent company Nine Entertainment and is one of the five main free-to-air television ...

. Nine sold this stake in the business six months later.

Assets

* American Consolidated Media (10% non-voting stake) *

Hit Network 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. Histor ...

- metropolitan and regional radio,

hot adult contemporary Adult contemporary music (AC) is a form of radio-played popular music, ranging from 1960s vocal and 1970s soft rock music to predominantly ballad-heavy music of the 1980s to the present day, with varying degrees of easy listening, pop, soul ...

Triple M Triple M is an Australian commercial radio network owned and operated by Southern Cross Austereo. The network consists of 45 radio stations with flagship stations broadcasting a mainstream/classic rock music format in Sydney, Melbourne, and B ...

- metropolitan and regional radio,

mainstream rock Mainstream rock (also known as heritage rock) is a radio format used by many commercial radio stations in the United States and Canada. Format background Mainstream rock stations represent a cross between classic rock, active rock and alternativ ...

modern adult contemporary Adult contemporary music (AC) is a form of radio-played popular music, ranging from 1960s vocal and 1970s soft rock music to predominantly ballad-heavy music of the 1980s to the present day, with varying degrees of easy listening, pop, soul ...

** Southern Cross Seven *** TNT - Tasmania *** TND - Darwin ***

GTS/BKN GTS/BKN are Australian regional television stations serving the Spencer Gulf of South Australia and the Broken Hill area of New South Wales. The stations are owned and operated by Southern Cross Austereo and based in Port Pirie with satellite ...

- Spencer Gulf region of

South Australia South Australia (commonly abbreviated as SA) is a States and territories of Australia, state in the southern central part of Australia. With a total land area of , it is the fourth-largest of Australia's states and territories by area, which in ...

and

Broken Hill Broken Hill is a city in the Far West (New South Wales), far west region of outback New South Wales, Australia. An inland mining city, it is near the border with South Australia on the crossing of the Barrier Highway (A32) and the Silver City Hi ...

New South Wales New South Wales (commonly abbreviated as NSW) is a States and territories of Australia, state on the Eastern states of Australia, east coast of :Australia. It borders Queensland to the north, Victoria (state), Victoria to the south, and South ...

**** GDS/BDN -

affiliate ****

SGS/SCN SGS/SCN are Australian regional television stations serving the Spencer Gulf of South Australia and the Broken Hill area of New South Wales, owned by Southern Cross Austereo. The station is based in Port Pirie with satellite offices in Broken H ...

Network 10 Network 10 (commonly known as the 10 Network, Channel 10 or simply 10) is an Australian commercial television network. It is a wholly-owned subsidiary of Paramount Global's UK & Australia division and is one of the five national free-to-a ...

affiliate ***

QQQ 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 retransmissio ...

- Remote Eastern and Central Australia ** Tasmanian Digital Television (50% share with

WIN Corporation 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. History Founding The WIN b ...

) ** Darwin Digital Television (50% share with

) **

Central Digital Television CDT is an Australian digital television station broadcasting in remote central and eastern Australia. It is jointly owned by Southern Cross Austereo (owner of Southern Cross Central) and Imparja Television Pty Ltd (owner of Imparja Television) ...

(50% share with Imparja Television Pty Ltd)

References

External links

Southern Cross Austereo
{{S&P/ASX 200 Television broadcasting companies of Australia Companies listed on the Australian Securities Exchange Companies based in Sydney Mass media companies of Australia Mass media companies established in 2007 Australian companies established in 2007