ACM staff told deal will help ‘secure a more prosperous future’ as sector consolidation continues
A number of Australian Community Media’s daily print and digital news publications could be acquired under a proposed deal with Southern Cross Media.A number of Australian Community Media’s daily print and digital news publications could be acquired under a proposed deal with Southern Cross Media.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Southern Cross is a significant broadcaster that owns the Hit and Triple M radio networks and dozens of regional stations, while ACM describes itself as Australia’s largest independent publisher. Under the deal, Southern Cross would acquire 14 of ACM’s daily print and digital news publications, key regional and metro titles and its agriculture division.
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