SCA
Ad sales and monetisation · Production studios
Address: 50 Goulburn St, Sydney NSW 2000, Australia
Southern Cross Media Group Limited, doing business as Southern Cross Austereo, is an Australian media company which operates broadcast radio and television stations. It is the largest radio broadcaster in Australia, operating 86 radio stations, and has a reach into every state and territory. Wikipedia
Website: www.southerncrossaustereo.com.au
Symbol: ASX:SXL
Owns
Latest news
- May 15: The Triton Digital Podcast Ranker is out for Australia. ABC News Top Stories is new at #3 (like NPR News Now, it’s the bulletin that also appears if you ask a smart speaker for the latest news). Everyone is a winner: ARN/iHeart is #1 publisher by listeners; LiSTNR/SCA is #1 sales representative, though ARN is close on its heels, and the ABC is #1 for total downloads.
- May 13: In Australia, a proposed takeover of SCA by ARN has hit trouble, as partner Anchorage Capital got cold feet. ARN, which uses the iHeartPodcasts brand in Australia, has presented a new plan to the stock market.
- May 10: The Mi3 Audio Edition this week focuses on LiSTNR's tech stack - and features an interview with Kim Loasby, SCA Head of Digital Ad Product & Operations and Luke Minto, National Head of Audio Sales. LiSTNR is the radio, music and podcasts app from Australian broadcaster SCA.
- Apr 17: One of the two big Australian commercial podcast publishers, ARN, is bidding to buy the other, its competitor SCA. “If the proposal goes ahead, we expect ARN would close its iHeart app and shift to LiSTNR as a single audio streaming platform,” says an analyst from Morgan Stanley.
- Oct 18, 2023: In Australia, the owner of iHeartPodcast Network Australia ARN Media has made a hostile bid to take over its competitor, SCA (which owns LiSTNR). The radio market is worth AUD $1.7bn (US $1.1bn): ARN and SCA are the two largest companies. If successful, the broadcast radio business would be split into two companies for regulatory reasons; however, the podcast businesses aren't subject to the same ownership regulation.
Data credits: Google Maps, Podnews newsletter, Wikipedia