ARN Media acquires stake in rival radio broadcaster SCA

June 20, 2023 11:41

Radio broadcaster ARN Media has acquired a 14.7% interest in Southern Cross Media (SCA) for $38.3 million.

ARN Media, formerly HT&E, announced the news Tuesday morning via the ASX.

ARN Media has acquired a stake in SCA

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Lauren McNamara

Lauren McNamara is a freelance journalist. She previously spent three years at Mumbrella, most recently as the associate editor. She left her staff role in August 2025.

Topics

Latest

Mumbrella’s next phase

Paramount Skydance to start cutting thousands of jobs from next week

Unmade Index: Seven West Media stock slumps to six-month low

UM bags $3.7m deal for new ‘Beforeplay’ STI campaign

Avis Budget Group begins search for regional marketing boss

ARN Media acquires stake in rival radio broadcaster SCA

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

SUBSCRIBE