Can Southern Cross (ASX:SXL) Deliver Its Merger Savings?
Highlights The first combined year shows revenue scale and a small statutory loss. Radio stayed steady while television and publishing added reach. A large cost program and the first covenant test are the next markers. Southern Cross Media Group (ASX:SXL), now the owner of the Triple M and Hit radio networks alongside a free-to-air television network, a streaming service and Western Australian newspapers, is being judged on how quickly it can turn merger scale into savings. The market is weig...



