Latest Digital Audio Platforms News

Sports Entertainment Group has completed its NZ$130 million acquisition of MediaWorks, creating a trans-Tasman audio group with more than 5 million listeners. The combined business starts with pro forma net leverage of 1.84 times and a management target of approximately 1.2 times within two years.

NZME delivered a notable turnaround in the first half of 2026, doubling operating profit and cutting net debt by $13.9 million, led by strong audio revenue and digital expansion despite a challenging economic backdrop.

Southern Cross Media Group has completed its acquisition of Seven West Media, issuing shares to Seven shareholders and announcing significant leadership and board changes.

Southern Cross Media Group has completed its acquisition of Seven West Media, issuing new shares and announcing key leadership and board changes that reshape Australia's media landscape.

Southern Cross Media Group has secured crucial ACMA approval for its proposed merger with Seven West Media, advancing a major consolidation in Australia’s media landscape. The deal now moves closer to final shareholder approval.

The ACCC has given informal clearance for the merger between Southern Cross Media Group and Seven West Media, marking a key regulatory milestone. The deal still awaits shareholder and ACMA approvals before completion.

The ACCC has decided not to oppose Southern Cross Media’s proposed acquisition of Seven West Media, finding limited competition concerns amid evolving digital media landscapes.

The ASX has granted key waivers allowing Southern Cross Media to proceed with its acquisition of Seven West Media without shareholder approval, smoothing the way for a major media consolidation.

Southern Cross Media Group reports a robust Q1 FY26 with audio revenues rising 4.7% and EBITDA more than doubling, while preparing for a pivotal merger review.

Southern Cross Media Group and Seven West Media have agreed to merge in an all-scrip deal, creating a dominant integrated TV, audio, and digital platform across Australia. The merger aims to unlock significant cost synergies and expand audience reach across metropolitan and regional markets.

ARN Media reports a 7% revenue decline offset by 21% digital audio growth and $35 million in cost savings, setting the stage for improved profitability and cash flow.

Southern Cross Media Group (SCA) reports a robust FY25 with digital audio growth driving a 34.4% EBITDA increase and a 37% reduction in net debt, while resuming dividends.