Latest Media Consolidation News

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Seven West Media Limited shares have been suspended from the ASX following court approval of its acquisition by Southern Cross Media Group, marking a significant shift in Australian media ownership.
Elise Vega
Elise Vega
24 Dec 2025
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.
Elise Vega
Elise Vega
24 Dec 2025
The Supreme Court of New South Wales has approved the acquisition of Seven West Media by Southern Cross Media, marking a major consolidation in Australian media. SWM shares will be suspended from trading as shareholders prepare to receive Southern Cross shares in early January.
Elise Vega
Elise Vega
24 Dec 2025
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.
Elise Vega
Elise Vega
27 Nov 2025
Seven West Media has secured crucial approval from the Australian Communications and Media Authority, advancing Southern Cross Media's acquisition plans. The upcoming scheme meeting in December will be pivotal for shareholders.
Elise Vega
Elise Vega
27 Nov 2025
Sports Entertainment Group (SEG) reported a 62% jump in underlying EBITDA for FY25, underpinned by strong margin expansion and operational leverage. The company reaffirms its optimistic FY26 outlook with double-digit EBITDA growth expected.
Elise Vega
Elise Vega
26 Nov 2025
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.
Elise Vega
Elise Vega
12 Nov 2025
An independent expert report from Kroll Australia affirms the proposed merger between Southern Cross Media Group and Seven West Media is fair and in the best interests of Southern Cross shareholders, setting the stage for a major consolidation in Australian media.
Elise Vega
Elise Vega
4 Nov 2025
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.
Elise Vega
Elise Vega
17 Oct 2025
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.
Elise Vega
Elise Vega
30 Sept 2025
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.
Elise Vega
Elise Vega
30 Sept 2025
Southern Cross Media Group and Seven West Media have agreed to merge, creating a dominant integrated TV, audio, and digital platform in Australia. The deal promises significant cost synergies and shareholder value accretion, pending regulatory and shareholder approvals.
Elise Vega
Elise Vega
30 Sept 2025