Southern Cross Media Group (SCA/SWM)

My Car Rules? :winking_face_with_tongue:

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My Radio Station Rules. :zany_face:

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Ughhh I was enjoying watching this train wreck and SCA destroy the tv arm.

Live from cmo’s head…

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When did Angus first leave Seven?

My Network Rules :smile:

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Now it makes sense, Bruce McWilliam’s stake has come from funds lent by Gina Rinehart (Hanrine Finance).

Here’s an article that has now popped up.

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Can she just rack off?

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I thought this was dodgy and had no idea why he would be sniffing around. They want to take seven even more right wing than it already is. Its editorial stance is akin to Fox and Sky News. It’s becoming crazy the stuff they’re peddling. When their allegedly normal news casts are tainted with right wing talking points.

One could argue it’s all commercial media. Just some are more blantant than others.

Indeed.

I agree. She seriously needs to get a life.

didn’t she try to buy influence on Channel Ten, years ago? I seem to recall it backfired because she championed for The Bolt Report but she was upset that Ten in regional WA opted out of showing The Bolt Report which she was hoping would boom into all the mining heartlands in WA. She hadn’t factored that Ten regional was a different beast to Ten metro

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Rohan Lund on his plans for a leaner, noisier SCA

Rohan Lund is preparing to implement a “lean” corporate structure across the newly-merged Southern Cross Media Group, and confirmed that high-profile stakeholder Gina Rinehart will have no editorial influence over the organisation.

The newly minted CEO of SCA made the revelations during a fireside chat with Tim Burrowes at the Mumbrella360 conference on Thursday morning.

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And I’m a delicious baked potato. :rofl:

There’s only one reason why Gina forks out the money for these stakes - to spout her opinions for all and sundry to hear.

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Control the media control the narrative.

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‘Television newcomer Butterworth is expected to speak on the costs of regional transmissions, a complicated subject given Seven inherited SXL’s regional contracts with BAI Communications after offloading a swag of regional assets.’

Above is a quote from a Newscorp article on Seven’s latest Exec talkfest - could BAI be charging more for transmission site access than the regional TV services make in some markets? BAI may be the next business model that has to unwind? The Canadian retired teachers may have to skip the afternoon glass of Chardy soon

1984 to a tee.

Media Diary: mogul’s secret plot to shake up Seven, Stokes and Rinehart

Diary can reveal billionaire former Seven chair Kerry Stokes’ long-time right-hand man (Bruce McWilliam) has been secretly negotiating to more than double his newly acquired 9.7 per cent interest in Southern Cross Media, which now owns the television station along with the Triple M and Hit radio networks and the West Australian Newspapers publishing division.

Sources close to the action said McWilliam’s media shopping spree – in which he has snapped up 46 million shares in SCM since the start of April and established himself as its second-biggest investor just over a week ago – had zero signs of abating and that he was determined to build a more than 20 per cent stake in the media giant.

The audacious power play will have the wily television veteran rival his former boss for bragging rights as SCM’s dominant shareholder, with Stokes and his family currently retaining a commanding 20.1 per cent stake in the business through their Seven Group Holdings investment vehicle.

5 paras for a quote from behind a paywall seems a bit long even if it’s only a fraction of the overall article.

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