Southern Cross Media History
The company owned several regional radio stations, as a result of takeovers of stations formerly owned by DMG Radio Australia and RG Capital Radio Network. The company also owned the stations forming the Southern Cross Television and Southern Cross Ten networks around regional Australia and Tasmania, which hold varying affiliations with the Seven Network and Network Ten.
In December 2009, MMG security holders voted in favour of a conversion from a triple-stapled structure to a single ASX-listed company. MMG was renamed Southern Cross Media Group with former RG Capital Radio CEO Rhys Holleran as the Chief Executive Officer.
Read more about this topic: Southern Cross Austereo
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