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Seven West Media proposes merging with Southern Cross Media to form a major Australian media group, pending approval, expected to close in early 2026.
Seven West Media has proposed a merger with Southern Cross Media, creating a major Australian media conglomerate.
The deal, pending regulatory approval, aims to combine television, radio, digital, and outdoor advertising operations to strengthen resilience amid industry challenges.
Expected to close in early 2026, the merger seeks cost savings and enhanced content distribution while supporting local journalism and regional media.
The transaction reflects broader trends of consolidation in response to shifting viewer habits and competition from streaming services.
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Seven West Media propone fusionarse con Southern Cross Media para formar un importante grupo de medios de comunicación australiano, pendiente de aprobación, que se espera que cierre a principios de 2026.