Acquiring Company
Southern Cross Media Group Ltd
Acquired Company
Triple M and Hit radio networks
MelbourneSydneyAdvertisingMedia And EntertainmentMusicNewsDigital MediaBroadcastingMedia And EntertainmentMusicSatellite CommunicationBroadcastingDescription
Southern Cross Media Group Ltd has successfully merged with the Triple M and Hit radio networks, aiming to leverage scale for revenue savings. The first year following the merger shows significant revenue growth despite initial restructuring costs. The merger is anticipated to unlock operational efficiencies and improve profitability over time.
Quick answer
Southern Cross Media Group Ltd is acquiring Triple M and Hit radio networks, announced October 9, 2026. Southern Cross Media Group Ltd is based in Melbourne, Victoria, Australia.
- How much did Southern Cross Media Group Ltd pay for Triple M and Hit radio networks?
- The deal value was not disclosed.
- What does Southern Cross Media Group Ltd do?
- Southern Cross Media Group Ltd is a prominent media company in Australia, engaging in radio broadcasting, television broadcasting, and digital media.
- Where are Southern Cross Media Group Ltd and Triple M and Hit radio networks based?
- Southern Cross Media Group Ltd is based in Melbourne, Victoria, Australia. Triple M and Hit radio networks is based in Sydney, New South Wales, Australia.
Source: Fundz verified event record.
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Who to call at Southern Cross Media Group Ltd, and when
When Southern Cross Media Group Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Southern Cross Media Group Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Southern Cross Media Group Ltd, from your own LinkedIn network
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Frequently asked
Who acquired Triple M and Hit radio networks?
Triple M and Hit radio networks was acquired by Southern Cross Media Group Ltd, based in Melbourne. The deal was reported on October 9, 2026. Southern Cross Media Group Ltd is a prominent media company in Australia, engaging in radio broadcasting, television broadcasting, and digital media. Southern Cross Media Group Ltd is privately held and operates in Advertising.
When did Southern Cross Media Group Ltd acquire Triple M and Hit radio networks?
Southern Cross Media Group Ltd's acquisition of Triple M and Hit radio networks was reported on October 9, 2026. Southern Cross Media Group Ltd has successfully merged with the Triple M and Hit radio networks, aiming to leverage scale for revenue savings. The first year following the merger shows significant revenue growth despite initial restructuring costs. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Triple M and Hit radio networks do?
Triple M and Hit are prominent radio networks in Australia, offering a variety of audio programming. They target diverse demographics, particularly focusing on key age groups for advertisers. It is privately held, operating in Media And Entertainment, and is based in Sydney.
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