Sale of Southern Cross Television assets to Ten/SWM

The stations that are crossed out are still under the original local content quotas. For the aggregated WIN (and 10 Tasmania) markets, they still need to produce the original 720mins per 6 weeks. See the note “Triggered Areas as of June 2025”.

Stations that are full colour are network O&O, stations that are faded are still affiliates.

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WIN has no current plans to do that as far as I’m aware

I thought it meant they didn’t need to produce local news anymore. My bad. Thanks for the clarification.

Sooooo both companies are putting out PR spin that puts themselves in a better light.
Seven would have been looking at the same information from SCA with many more years of industry knowledge & experience.

We have no compelling evidence to believe either side.

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To a degree, but the ADH consortium was still led by ADH’s CEO Jack Bulfin, ex 7 News Director Jason Morrison, and former ABC Chairman Maurice Newman - so not exactly completely new to TV or broadcasting by any standard.

I’m inclined to think ADH are taking a page out of the conservative playbook and being creative with the truth by dramatising the “problems” to cover them not doing their due diligence before jumping into a deal. Remember how Elon Musk tried to get out of buying Twitter?

However, Seven may also have seen these same problems, calculated them as a smaller risk than ADH or a risk they were prepared to take onboard, and sought the benefit of covering every state and territory.

Seven also don’t have to contend with one risk too - the need to get an affiliation deal with Seven

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Yep that’s my reading too - that’s one of two reasons why MDV doesn’t need to provide local news into the Mildura market even though Seven as half owner would have caused it to be impacted by a trigger event.

TDT/DTD similarly won’t be effected, so Ten News Darwin will remain elusive.

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Not that it matters much there now, MDV was shut down a year ago :smiling_face_with_tear: