Southern Cross Broadcasting


Southern Cross Broadcasting

Infobox Defunct Company
company_name = Southern Cross Broadcasting
(Australia) Limited
company_
company_type = Public (asx|SBC)
foundation = August 20, 1987
defunct = November 5, 2007
location = Melbourne, Australia
key_people = Tony Bell, Managing Director
John Dahlsen, Chairman
fate = Acquired
successor = Fairfax Media
Macquarie Media Group| industry = Media
products = Television
Radio
homepage = [http://www.southerncrossbroadcasting.com.au/ scb.com.au]

Southern Cross Broadcasting (Australia) Limited (asx|SBC) 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-9 (its Adelaide 9-affiliated TV station) to the WIN Corporation for $105 million. cite web
url = http://www.theage.com.au/news/Business/Southern-Cross-sells-Ch9-Adelaide-to-WIN/2007/05/30/1180205288805.html
title = WIN buys Channel 9 Adelaide
accessdate = 2007-05-30
date = 2007-05-30
work = AAP
publisher = theage.com.au
]
* July 3, 2007 - Southern Cross Broadcasting recommended Macquarie Media Group's offer of AU$1.35 billion, for a takeover of the corporation. [ cite web
url = http://www.abc.net.au/news/stories/2007/07/03/1968580.htm
title = Southern Cross Broadcasting sold for $1.35b
accessdate = 2007-06-03
date = 2007-06-03
publisher = abc.net.au
] 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. [cite web
url = http://www.southerncrossbroadcasting.com.au/files/announcements/2007.07.19%20-%20Letter%20to%20Shareholders.pdf
title = Letter to shareholders regarding Macquarie Media Group proposed acquisition
accessdate = 2007-06-19
date = 2007-06-19
publisher = Southern Cross Broadcasting
] 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. cite web
url = http://www.theaustralian.news.com.au/story/0,25197,22708729-30540,00.html
title = Southern Cross falls to Mac and Fairfax
accessdate = 2007-06-03
date = 2007-06-03
publisher = The Australian
]

Assets

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 and Central Australia)
* Tasmanian Digital Television (50% share with WIN Corporation)
* Darwin Digital Television (50% share with PBL Media)
* MyTalk defunct November 5, 2007

Radio stations

* 2UE (Sydney)
* 3AW (Melbourne)
* 4BC (Brisbane)
* 6PR (Perth)
* Magic 1278 (Melbourne)
* 4BH (Brisbane)
* 96FM (Perth)

Radio stations News

*Southern Cross Network News

Other Businesses

*Southern Star Group
*Satellite Music Australia [http://www.sma.net.au/]

ee also

*Fairfax Media
*Macquarie Media Group

References

External links

* [http://www.southerncrossbroadcasting.com.au/ Southern Cross Broadcasting]
* [http://www.southernstargroup.com/ Southern Star Group]
* [http://www.sma.net.au/ Satellite Music Australia]


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