Major shareholders have initiated a first strike against the leadership team at Southern Cross Media as expectations of the sale of its regional TV empire by Christmas disappear.

But Southern Cross seems to have done its best to keep it hidden from its shareholders. (Sources said the clause doesn’t affect the negotiations to sell its TV stations to Australian Digital ...

Southern Cross expects to be paid between $15 million ... The Financial Review has also reported that Australian Digital Holdings TV, the conservative broadcaster behind Alan Jones’ former ...

Southern Cross Media Group Limited (SCA) has signed agreements for the sale of its television licences in the three aggregated markets of Queensland, southern New South Wales and Victoria (3-Agg ...