Original article by Jake Mitchell
The Australian – Page: 23 : 4-Apr-16

A merger between Nine Entertainment Company and regional broadcaster Southern Cross Media Group is widely tipped if cross-media ownership reforms proceed. Nine CEO Hugh Marks indicated in March 2016 that the group had no plans to resume merger discussions. However, he is believed to have told investors that synergies from a merger with Southern Cross could be worth about $A90m annually.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, SOUTHERN CROSS MEDIA GROUP LIMITED – ASX SXL, TEN NETWORK HOLDINGS LIMITED – ASX TEN, WIN CORPORATION PTY LTD, NBN TELEVISION, RGM ARTISTS PTY LTD, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, CREDIT SUISSE (AUSTRALIA) LIMITED