Southern Cross Media and Austereo Merge
In March 2011, Southern Cross Media launched a A$714 million takeover bid of national radio broadcaster, the Austereo Group. On 6 April 2011 shareholders of the Austereo Group accepted the takeover bid, giving SCM a more than 90% share in the company. Southern Cross Media and Austereo merged in July 2011 to form Southern Cross Austereo.
On 23 August 2012, Guy Dobson (director of metro radio) was announced as Chief Officer of Content for the Southern Cross Austereo network, working across radio and television.
Read more about this topic: Southern Cross Austereo
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