CompaniesMedia & MarketingEarnings seasonAudio up, TV down as Southern Cross Media’s new CEO resets costsAug 11, 2026 – 12.41pmFollow our live coverage of the August 2026 ASX reporting seasonWhen Southern Cross Media announced it would take over Seven West Media mid-last year, one shareholder criticised it as the epitome of US investor Peter Lynch’s idea of “diworsification”.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Media & marketingFetching latest articlesMost Viewed In Companies
Audio up, TV down as Southern Cross Media’s new CEO resets costs
Southern Cross Media’s Seven Network lost $125 million in advertising revenue over the past year, but clawed some of it back by increasing its audience.









