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Last A$1.07 AUD
Change Today +0.015 / 1.42%
Volume 749.0K
SXL On Other Exchanges
As of 2:10 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

southern cross media group l (SXL) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/23/14 - A$1.24
52 Week Low
10/27/14 - A$0.79
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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southern cross media group l (SXL) Details

Southern Cross Media Group Limited is engaged in the creation and broadcasting of content on free to air FM and digital commercial radio, TV, and online media platforms in Australia. The company’s radio networks deliver entertainment, music, sport, comedy, and big events; and TV stations offer various markets local news updates and community announcements. Southern Cross Media Group Limited owns 78 radio stations; and owns 19 regional free to air television licenses that cover 30 regional sub markets. It also owns approximately 85 Websites; and social media stations, as well as develops mobile applications and m-sites for its radio station brands. In addition, the company rents a transmission facility. It serves approximately 8.34 million radio and TV subscribers. The company was formerly known as Macquarie Media Group. Southern Cross Media Group Limited is based in South Melbourne, Australia.

southern cross media group l (SXL) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: A$1.2M
Head of Content
Total Annual Compensation: A$553.5K
National Sales Director
Total Annual Compensation: A$340.5K
Compensation as of Fiscal Year 2014.

southern cross media group l (SXL) Key Developments

Southern Cross Media Group Limited Announces Executive Changes for Southern Cross Austereo

Southern Cross Media Group Limited announced that Mr. Holleran, who has been CEO since 2009, will leave Southern Cross Austereo. Mr. Bush will assume the role of Executive Chairman, pending completion of a search for Mr. Holleran's successor. Mr. Holleran's employment with Southern Cross Austereo will conclude on 31 July 2015 and he will assist with leadership transition planning over the coming weeks.

Southern Cross Media Group Limited Appoints Helen Nash as Non-Executive Independent Director, effective from April 23, 2015

Southern Cross Media Group Limited announced the appointment of Helen Nash as Non-Executive Independent Director to the company board. Helen Nash will assume her new role with effect from 23 April 2015. Helen has more than twenty years' experience in brands and marketing, including seven years in fast moving consumer goods at Procter & Gamble, followed by three years in publishing at IPC Media. Helen held a variety of senior executive roles at McDonald's Australia Ltd. over a period of nearly ten years, including the position of Chief Operating Officer, overseeing restaurant operations, marketing, menu, insights and research and information technology. Helen is currently a Non-Executive Director of Blackmores Limited (since October 2013) and Pacific Brands Ltd. (since August 2013) and is Chair of Remuneration Committees of both companies.

Nine Entertainment Co. Reportedly Seeks Acquisition Of Southern Cross Media

Nine Entertainment Co. Holdings Limited (ASX:NEC) is reportedly seeking acquisition of Southern Cross Media Group Limited (ASX:SXL). “The hiring of Mr Bush - foreshadowed by the Financial Review and Business Day - has led to speculation that the management of the company could change and that it could reignite merger talks with metropolitan network owner Nine Entertainment Co,” Australian Financial Review reported.


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