Southern Cross Media Group Ltd - Company Profile
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Southern Cross Media Group Ltd (SCA) is a media company that delivers entertainment media solutions. It offers the creation of audio content for distribution on broadcast and digital networks such as free-to-air commercial radio (AM, FM, and digital), TV, and online media platforms. It operates through audio and television. SCA’s audio business comprises regional and metro radio, podcasting and other related businesses. It owns radio television and digital assets. The company also operates LiSTNR, Australia’s free audio destination for consumers housing radio, podcasts, music, and news. It provides radio broadcasting services under Triple M and Hit Networks brands. SCA is headquartered in South Melbourne, Victoria, Australia.
Headquarters
Australia
Address
Level 2, 101 Moray Street, South Melbourne, Victoria, 3205
Website
www.southerncrossaustereo.com.au
Telephone
61 3 92521019
No of Employees
90
Industry
Media
Ticker Symbol & Exchange
SXL (ASX)
Revenue (2022)
$349.8M
-3.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
112.4%
(2022 vs 2021)
Market Cap*
$140.2M
Net Profit Margin (2022)
XYZ
112.9%
(2022 vs 2021)
* As of and is in US$
Southern Cross Media Group Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Audio and Video Content | Service: | LiSTNR |
| Radio Station and Digital Audio Network Services | HIT | |
| Radio App | TRIPLE M | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company announced the expansion of its television affiliation with Network 10 to offer 10, 10 Bold, 10 Peach, and Nickelodeon broadcast in regional Queensland, Southern NSW, and regional Victoria, Australia. |
| 2023 | Plans/Strategy | In November, the company announced its plans to merge with Australian Community Media. |
| 2023 | Contracts/Agreements | In August, the company entered into a partnership with Mushroom Group to support its ‘Mushroom 50’ campaign. |
Competitor Comparison
| Key Parameters | Southern Cross Media Group Ltd | Seven West Media Ltd | ARN Media Ltd | Sports Entertainment Group Ltd | PRT Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | South Melbourne | Perth | Macquarie | Southbank | Sydney |
| State/Province | Victoria | Western Australia | New South Wales | Victoria | New South Wales |
| No. of Employees | 90 | 4,528 | 5,340 | 55 | 512 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Heath Mackay-Cruise | Chairman | Executive Board | 2024 | - |
| Leon Pasternak | Deputy Chairman | Executive Board | 2005 | - |
| John Kelly | Managing Director; Chief Executive Officer | Senior Management | 2023 | - |
| Tim Young | Chief Financial Officer | Senior Management | 2022 | - |
| Stephen Haddad | Chief Technology Officer | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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