Case in point, WIN acquired NRN for $55m (plus WIN losing a radio station to SCA) back in 2017. They allegedly (according to TV Blackbox) got only $7m from its recent sale to 10.
Edit: i98FM was not exchanged during the sale of NRN, correcting
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GLV and BCV are separately licensed stations for the Eastern Victoria TV1 and Western Victoria TV1 regions. The only way that would change is for them to legally amalgamate and receive a licence for the almost-statewide Regional Victoria TV1 region.
Likely more trouble than it would be worth, even though it would be tidier.
I think it’s time to pay our respects to Southern Cross Austereo as a television brand, with a short but special commercial compilation from SCA Wollongong. (Credit: @tvcl DVB-T Webserver)
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No licensee can simply be turned into a ‘metro’ repeater as such.
EWIS requirements mean all local licensees legally have to broadcast EWIS information when requested by local emergency authorities no matter what. I can’t see the likes of Seven Sydney or Seven Adelaide interrupting their programming to insert EWIS warnings not relevant to their metro areas all because a regional operator taking the 100% dirty feed can’t be bothered to insert local content when required to by law. Same would apply to the stack of stations that ADH has just purchased.
I’d assume all those ads would stay.
SCA doesn’t promote itself as the operator of the station, we get Listnr and Triple M ads which are the only SCA ones. so i doubt anyone would notice a chance.
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Seven are laughing because ADH probably overpaid for these licences (time will tell) and they’ll still collect a percentage of advertising revenue.
Perhaps they could even demand a much higher fee in the next contract and then buy the licences cheap when ADH can’t afford to keep them running.
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I never said that these ads would go away. This was meant to simply be a tribute to an era when Southern Cross Austereo owned the stations, including CTC Wollongong. Of course these ads will still show up, but you just probably won’t see the SCA Advertising Packages ad (seen in the video) anymore? Including the Hit, Triple M and LiSTNR ads? Or will they stay?
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Just over $6 million is a bargain for all those TV licences If only one of us Media Spy members had that money one of us could be the owner of these stations.
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No radio station changed hands, otherwise the price would have been much lower!
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Do you mean CTC Southern NSW- which broadcasts in Wollongong and has offices in Canberra? Speaking of SCA’s offices, will they get transferred to 10 or will they remain for SCA radio?
Except most already don’t
The chart is unnecessarily complicated, could be a lot flatter structure, stretched left-to-right, rather than the many layers depicted
If they’re loss making/negligible profit then the metro station isn’t getting a cut of the profit.
The remaining cost is the TX/engineering. So switch off the 10 feed at sites and leave 7 & 9 on.
I wonder if we might see a name change for the SCA7 assets too, maybe back to Southern Cross.
Might 7 be a little nervous about what news and content the new owners have in mind…
Without the fine details that’s hard to know. I presume SCA still own some of the buildings where there are radio station studios like Bendigo. The ‘real estate’ component is usually transmitter land.
10 would be a tenant in the short term while in the medium to long term they’d probably move out or keep subleasing from SCA if it’s still practical.
In places without radio stations, 10 will probably take over the lease or ownership from SCA.
As for any on air partnerships. That’s unknown. SCA could do more advertising or local tie-ins with 7 and 9 affiliates now. Like Listnr ads on NBN Newcastle (if they’re not already doing so).
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Lily St Bendigo is up for lease, at least the office section at the front:
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Well that looks like the perfect space for 10 
So much cynicism here.
For every person clamouring for overseas dross on Trump, odd overseas trends on TT and speaking with an American accent from watching too much SVOD, there are many more who value local news, local sport and local content with Australian accents and culture.
Local is very easy to monetise when you have quality local content. What many of the members here may not remember is quality local content.
The share that their 6pm Tasmania bulletin consistently returns proves this.
As would’ve GTS/BKN bulletins before the idiots at SCA moved it to a sub channel, they wanted it to fail.
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Cynicism? I’d like to think it’s the reality.
Only big regional markets like NNSW where NBN News, 7 News across regional Queensland and Nightly News in Tasmania are the only real places where they buck the trend when it comes to local news, given they’re long standing and the lack of any real competition.
Outside of that, there have been nothing but cuts and consolidation of local news production in much smaller markets which have affected all broadcasters - nobody really seems to be able to draw the sort of audiences to make this sustainable and financially viable.
It will be interesting to see this play out, and I remain optimistic that ADH will be able to deliver on producing more local news to markets that haven’t been adequately served in some time.
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