Southern Cross Broadcasting
From Wikipedia, the free encyclopedia
 |
|
| Former type | Public |
|---|---|
| Industry | Media |
| Fate | Acquired |
| Successor(s) | Fairfax Media Macquarie Media Group |
| Founded | 20 August 1987 |
| Defunct | 5 November 2007 |
| Headquarters | Melbourne, Australia |
| Key people | Tony Bell, Managing Director John Dahlsen, Chairman |
| Products | Television Radio |
| Website | scb.com.au |
Southern Cross Broadcasting (Australia) Limited was a diversified Australian media company, that owned and operated a variety of media businesses, primarily radio and television.
Contents |
[edit] History
- 30 May 2007 - Southern Cross Broadcasting announced its sale of NWS-9 (its Adelaide 9-affiliated TV station) to the WIN Corporation for $105 million.[1]
- 3 July 2007 - Southern Cross Broadcasting recommended Macquarie Media Group's offer of A$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.
- 3 July 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.
- 5 November 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, Southern and Central Australia)
- Tasmanian Digital Television (50% share with WIN Corporation)
- Darwin Digital Television (50% share with PBL Media)
- MyTalk defunct 5 November 2007
[edit] Radio stations 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. http://www.theage.com.au/news/Business/Southern-Cross-sells-Ch9-Adelaide-to-WIN/2007/05/30/1180205288805.html. Retrieved 2007-05-30.
- ^ "Southern Cross Broadcasting sold for $1.35b". abc.net.au. 2007-06-03. http://www.abc.net.au/news/stories/2007/07/03/1968580.htm. Retrieved 2007-06-03.
- ^ "Letter to shareholders regarding Macquarie Media Group proposed acquisition". Southern Cross Broadcasting. 2007-06-19. http://www.southerncrossbroadcasting.com.au/files/announcements/2007.07.19%20-%20Letter%20to%20Shareholders.pdf. Retrieved 2007-06-19.
- ^ "Southern Cross falls to Mac and Fairfax". The Australian. 2007-06-03. http://www.theaustralian.news.com.au/story/0,25197,22708729-30540,00.html. Retrieved 2007-06-03.[dead link]
