Latest Media Industry News

ARN Media is confronting a substantial legal claim from former contractor Jacqueline Henderson, who alleges adverse action and bullying following her contract termination. The case also challenges previous ASX disclosures, with compensation sought exceeding $82 million.

Southern Cross Media Group announces a significant reshuffle in its executive leadership following its recent merger, with CEO Jeff Howard stepping down and a global search underway for his successor.

Hansen Technologies has completed its acquisition of UK-based Digitalk for approximately A$66.4 million, a move expected to immediately enhance its earnings and strengthen its foothold in the communications software sector.

Southern Cross Media Group has secured legal approval to acquire Seven West Media, marking a significant consolidation in Australia's media landscape. Seven West Media shares will be suspended as the scheme moves to implementation.

The Supreme Court of New South Wales has approved Southern Cross Media's acquisition of Seven West Media, setting the stage for a significant media industry consolidation early next year.

Seven West Media shareholders have overwhelmingly approved the proposed acquisition by Southern Cross Media Group, clearing a major hurdle ahead of final court approval.

SGH Ltd reported record earnings and reaffirmed its FY26 EBIT growth guidance at its 2025 AGM, while addressing recent workplace fatalities and outlining strategic growth initiatives.

News Corporation reported a modest 2% revenue increase and a 1% rise in net income for Q1 Fiscal 2026, driven by strong digital growth at Dow Jones and Digital Real Estate Services. The company also accelerated share buybacks, signaling confidence in its undervalued stock amid strategic AI partnerships.

ARN Media announces a significant leadership change as CEO Ciaran Davis steps down after 16 years, with COO Michael Stephenson set to take the helm in January 2026.

Seven West Media and Southern Cross Media have announced a proposed all-scrip merger to create a leading integrated media company spanning TV, audio, digital, and publishing platforms across Australia.

News Corporation is conducting a $456 million secondary offering of 14 million Class B shares by selling stockholders amid a significant Murdoch family trust restructuring. The company itself is not selling shares and will not receive proceeds.

News Corporation has settled longstanding legal disputes involving the Murdoch Family Trust and announced a significant secondary offering of Class B shares by departing family beneficiaries.