Latest Media And Broadcasting News

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.

Seven West Media shareholders convened on 22 December 2025 to vote on a landmark acquisition by Southern Cross Media Group, potentially reshaping Australia's media landscape. The proposed scheme promises a combined media powerhouse spanning television, digital, audio, and publishing.

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

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.

Seven West Media shareholders are preparing to vote on a scheme of arrangement for acquisition by Southern Cross Media Group, with the Seven board unanimously recommending approval. The merger promises significant cost synergies and a stronger combined media platform.

Sports Entertainment Group Limited has finalized its $3.25 million acquisition of RSN's brand and broadcasting assets, signaling a strategic move in Australia's media landscape.

Seven West Media reports a robust 33% rise in underlying net profit, driven by a 26% jump in 7plus digital revenue, even as traditional TV advertising revenue declines by 4%.

Seven West Media reported a solid second half earnings rebound driven by strong growth in its 7plus streaming platform, helping to counteract declines in traditional broadcast TV revenue. Despite a 4% revenue dip for FY25, the company’s digital pivot shows promising momentum.