Seven West & Southern Cross Merge for Media Giant
Update: 2025-12-22
Description
Seven West Media and Southern Cross Media merge, creating a media powerhouse in Australia. Shareholders overwhelmingly approve the deal, combining TV, radio, print, streaming, and digital assets. The merger, set to close in January, will give Seven West a 49.9% stake, with Southern Cross at 50.1%. Both companies bring strong assets, including Seven Wests Sunday Times and PerthNow, and Southern Crosss one hundred four radio stations and LiSTNR app. The merger aims to boost finances and compete in the streaming-dominated landscape.
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