Southern Cross Media Group Ltd (ASX:SXL)

Southern Cross Media Group Ltd (ASX:SXL) is one of Australia’s major media companies. Southern Cross says that its radio, television and digital assets reach more than 95% of the Australian population. It owns 76 analogue radio stations across metropolitan and regional Australia, and operates the Triple M and Hit network brands. Southern Cross also owns another 10 digital radio brands in the capital cities, broadcasts 92 free to air TV signals across regional Australia, operates a leading Australian podcast network called PodcastOne Australia, and provides Australian sales representation for global open audio platform SoundCloud.