Latest Media News

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The Takeovers Panel has introduced a gradual lifting of voting restrictions on ARN Media's 6.83% stake in Southern Cross Media, following Sandon Capital's push to influence board control.
Elise Vega
Elise Vega
2 July 2025
The Takeovers Panel has modified its restrictions on ARN Media’s voting rights over Southern Cross Media shares, gradually lifting limitations starting July 2025. This change reshapes the shareholder voting landscape ahead of key resolutions.
Elise Vega
Elise Vega
2 July 2025
The Takeovers Panel has introduced a phased lifting of voting restrictions on ARN Media’s 6.83% stake in Southern Cross Media, allowing incremental voting rights restoration starting July 2025 amid a contested board spill.
Elise Vega
Elise Vega
2 July 2025
Southern Cross Media Group has finalized the sale of its remaining television assets, fully committing to its 'All About Audio' strategy with a 5% rise in audio revenues for FY25 and a renewed focus on debt reduction and dividends.
Elise Vega
Elise Vega
1 July 2025
Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.
Elise Vega
Elise Vega
30 June 2025
Aspermont Limited reports steady subscription growth with $11.2 million in annual recurring revenue despite a dip in total revenue, while gearing up for new data product launches and an IPO.
Elise Vega
Elise Vega
30 May 2025
News Corporation has updated its financial statements to reflect the sale of Foxtel, reporting a 3% revenue increase in fiscal 2024 driven by its Digital Real Estate Services and Book Publishing segments, alongside a 66% rise in net income from continuing operations.
Elise Vega
Elise Vega
14 May 2025
Southern Cross Media Group rebuffs Sandon Capital’s attempt to remove four directors, backed by majority shareholders and buoyed by strong operational momentum.
Elise Vega
Elise Vega
12 May 2025
News Corporation reported a 3% revenue increase to $2.009 billion for Q3 2025, with net income attributable to stockholders tripling to $137 million. The company completed the strategic sale of Foxtel, marking a significant shift in its operations.
Elise Vega
Elise Vega
12 May 2025
NZME updates shareholders on key board nominations and retirements ahead of its Annual Shareholders’ Meeting, signaling a strategic shift with new leadership and governance plans.
Elise Vega
Elise Vega
9 May 2025
News Corporation reported a modest 1% revenue increase to $2.01 billion and a striking 67% jump in net income for Q3 Fiscal 2025, driven by digital subscription growth and strategic asset realignment including the Foxtel sale.
Elise Vega
Elise Vega
9 May 2025
NZME Limited has seen a sudden withdrawal of two director nominations by Osmium Partners, reshaping the upcoming board election ahead of the June Annual Shareholders’ Meeting.
Elise Vega
Elise Vega
8 May 2025