Jul 13, 2026 – 5.00amThe new chief executive of Southern Cross Media has cut ties to Antony Catalano’s ailing View Media Group, selling the company’s 500,000 shares for $1 and wiping out tens of millions of convertible notes as it shutters a ventures portfolio that just two years ago it valued on its books at over $100 million.Share buyback documents lodged for View with the corporate regulator reveal Southern Cross accepted $1 in return for its 0.4 per cent stake in the company, which was founded by Catalano and high-profile investor Alex Waislitz as a competitor to property portals realestate.com.au and Domain.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles