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.
The ASX 200 (INDEXASX:XJO) is set to edge lower when the market opens on Monday. Southern Cross (ASX:SXL) and ASX travel shares are making headlines.
The S&P Dow Jones Indices has announced the changes to the various S&P/ASX Indices. The changes will happen on 21 September 2020.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.52% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) rose by 0.28% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.04% at lunch.
The Southern Cross Media Group Ltd (ASX:SXL) share price is down 22% in early trading after it gave a trading update.
