- 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
Australia n media company, that owned and operated a variety of media businesses, primarilyradio andtelevision .History
*
May 30 ,2007 - Southern Cross Broadcasting announced its sale ofNWS-9 (its Adelaide 9-affiliated TV station) to theWIN 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 recommendedMacquarie 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 withFairfax 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 theMacquarie 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 ofSouth Australia andBroken Hill, New South Wales )
*Southern Cross Television
**TNT - Tasmania (Hobart and Launceston)
**TND - Northern Territory (Darwin)
**GTS/BKN - South Australia (Spencer Gulf region ofSouth Australia andBroken Hill, New South Wales )
**QQQ - Central Australia (Remote Eastern and Central Australia)
*Tasmanian Digital Television (50% share withWIN Corporation )
*Darwin Digital Television (50% share withPBL Media )
*MyTalk defunctNovember 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]
Wikimedia Foundation. 2010.