Southern Cross Austereo (Regional)

[TV.Cynic]

See ACMA approval of merger with Seven requiring divestiture of some licences.

@TV.Cynic

The ACMA has accepted a court-enforceable undertaking from Southern Cross Media that it will divest commercial radio and/or commercial television broadcasting licences in the affected licence areas. This would return the media diversity points in the affected licence areas to what they were before the transaction occurred.