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Trusted by
Acquiring Company
Southern Cross Media Group Ltd
Acquired Company
Triple M and Hit radio networks
Description
Southern Cross Media Group Ltd has successfully merged with the Triple M and Hit radio networks, aiming to leverage scale for revenue savings. The first year following the merger shows significant revenue growth despite initial restructuring costs. The merger is anticipated to unlock operational efficiencies and improve profitability over time.
Fundz sees it the moment Southern Cross Media Group Ltd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Triple M and Hit radio networks?
Triple M and Hit radio networks was acquired by Southern Cross Media Group Ltd, based in Melbourne. The deal was reported on October 9, 2026. Southern Cross Media Group Ltd operates in the communication services sector, owning notable radio networks such as Triple M and Hit. It also has a free-to-air television network and a streaming service. Southern Cross Media Group Ltd is privately held and operates in Media And Entertainment.
When did Southern Cross Media Group Ltd acquire Triple M and Hit radio networks?
Southern Cross Media Group Ltd's acquisition of Triple M and Hit radio networks was reported on October 9, 2026. Southern Cross Media Group Ltd has successfully merged with the Triple M and Hit radio networks, aiming to leverage scale for revenue savings. The first year following the merger shows significant revenue growth despite initial restructuring costs. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Triple M and Hit radio networks do?
Triple M and Hit are prominent radio networks in Australia, offering a variety of audio programming. They target diverse demographics, particularly focusing on key age groups for advertisers. It is privately held, operating in Media And Entertainment, and is based in Sydney.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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