Southern Cross Austereo
 |
|
| Subsidiary | |
| Industry | Broadcast radio and television network |
| Founded | July 2011 |
| Headquarters | Melbourne, Australia |
|
Key people
|
Peter Bush (Chairman) |
| Owner |
Macquarie Bank Others |
| Parent | Southern Cross Media Group |
| Website | southerncrossaustereo |
Southern Cross Austereo (SCA) is an Australian group of companies formed in July 2011 by the merger of Southern Cross Media Group and Austereo Group. The Group's parent company, Southern Cross Media Group Limited, is listed on the Australian Stock Exchange (ASX: SXL).
Southern Cross Media was previously known as Macquarie Regional RadioWorks, prior to the absorption of the remaining assets of Southern Cross Broadcasting that were purchased by Macquarie Media Group in 2007.
Previously known as Macquarie Media Group (ASX code MMG), Southern Cross Media began its life after Macquarie Media internalised its management and recapitalised in late 2009. It owns a collection of regional radio and television stations.
SCA's head office is in South Melbourne, where the headquarters of Fox FM and Triple M (Melbourne) are located.
The company owned several regional radio stations, as a result of takeovers of stations formerly owned by DMG Radio Australia and RG Capital Radio Network. The company also owned the stations forming the Southern Cross Television and Southern Cross Ten networks around regional Australia and Tasmania, which hold varying affiliations with the Seven Network and Network Ten.
In December 2009, MMG security holders voted in favour of a conversion from a triple-stapled structure to a single ASX-listed company. MMG was renamed Southern Cross Media Group with former RG Capital Radio CEO Rhys Holleran as the Chief Executive Officer.
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