SCA experiences mixed FY24 revenue, digital audio revenues rise 42%, and LiSTNR platform gains 2 million users.

Southern Cross Media Group (SCA) reported a mixed FY24, with a slight revenue decline and lower underlying EBITDA. However, digital audio revenues reached $35m, up 42% YoY, and the company's LiSTNR platform gained 2m users. SCA plans to sell non-core regional TV assets, focusing on radio and digital audio, including LiSTNR, HIT, and Triple M. CEO John Kelly sees momentum for FY25.

August 28, 2024
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