Southern Cross Media Group

On 3 July 2007 Southern Cross Broadcasting recommended Macquarie Media Group's offer of A$1.35 billion, for a takeover of the corporation.

[1] On 5 November 2007, the company officially acquired Southern Cross Broadcasting's assets.

[2] On 17 December 2009 shareholders approved a restructuring plan.

The company was then renamed from Macquarie Media Group to its current name on 17 December 2009.

[3][4][5] In March 2016, Macquarie Group sold a 15.7% stake in Southern Cross Media worth $130 million, and of that 9.9% was purchased by Nine Entertainment, the owner of the Nine Network.