Latest Media And Broadcasting News

Southern Cross Media Group reported a 5% revenue increase for FY2025, powered by growth in broadcast radio and digital audio, with its LiSTNR platform achieving profitability for the first time. The company declared a fully franked final dividend of 4 cents per share and outlined a new executive remuneration framework aligned with shareholder returns.

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.