SCA finally ‘all about audio’, as Seven becomes biggest regional TV provider
SCA has sold its remaining regional TV licences to Seven West Media, completing its exit from television. In turn, Seven becomes the largest regional commercial television broadcaster in Australia.
The sale was announced to the market on Tuesday morning. The $3.75 million sale relates to television assets and licences operating in Tasmania, Darwin, Spencer Gulf, Broken Hill, Mt Isa and Remote, Central and Eastern Australia.
Seven’s CEO Jeff Howard called the deal a “small but strategically important acquisition”.