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SXL

Southern Cross Media Group

Media & Entertainment

Southern Cross Media Group (SXL) is an Australian media company with the largest commercial radio footprint in Australia, connecting metro and regional communities. It operates radio networks like Triple M and The Hit Network, and the LiSTNR digital audio app, offering radio, podcasts, music, and sport content. SXL generates revenue through advertising sales across its radio and digital platforms.

Short position

short percentage0.46%
reported shorts2.2M
shares on issue478.779M

Southern Cross Media Group (ASX:SXL) has 0.46% of its shares on issue reported as short positions as of 5 Oct 2026, or about 2,178,671 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has risen 0.07 percentage points. Its highest recorded short interest was 10.52% in November 2022. SXL is classified in the Media & Entertainment industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Southern Cross Media Group (SXL) News

Latest articles and price-sensitive announcements with AI sentiment classification.

Kalkine
Neutral
1d ago

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...

Kalkine
Neutral
2d ago

Why Is Southern Cross Media Leaning on Costs (ASX:SXL)?

Highlights Full-year profit fell sharply even as the merged group gained audience and market share. Synergies arrived a year early and a new bank facility pushed debt maturities out. The advertising outlook is described as short and volatile, keeping costs in focus. Southern Cross Media (ASX:SXL) is leaning hard on cost savings as the merged radio and television group works through a bruising advertising market, reporting a steep fall in full-year profit even as audiences and market share imp...

Kalkine
Neutral
2d ago

Which Audiences Can Southern Cross Media (ASX:SXL) Give CommSec?

Highlights Southern Cross Media Group has joined a cross-media partnership to launch a daily financial news platform called The CommSec Desk. The initiative spans the group's radio, television and digital channels alongside a major national news publisher. The company is also asking owners of the stock to approve a new corporate name and listing code at its November meeting. Southern Cross Media Group (ASX:SXL) has this week been named as a partner in The CommSec Desk, a new cross-media finan...

Kalkine
Neutral
25 Sept

Why Is Southern Cross Media Group Ltd (ASX:SXL) Drawing Attention as Media Trends Evolve?

Highlights Sector rotation can become more pronounced when rates rise and risk appetite weakens. Southern Cross Media Group Ltd offers a live-session example of how communication shares can be read against that shift. The key question is whether recurring demand and execution remains visible despite wider market noise. With global equities under pressure and bond markets resetting expectations, the Australian session begins with a stronger emphasis on selectivity. For Southern Cross Media Gro...

Kalkine
Neutral
21 Aug

ASX Movers Today: Southern Cross Media Group (ASX:SXL) in focus as next catalyst watch reshapes Communication Stocks

Highlights Reporting season is refocusing the Australian market on earnings quality, guidance and cash conversion. Southern Cross Media Group (ASX:SXL) is being assessed through a communication stocks lens centred on subscriber trends, ARPU, network investment, churn and free cash flow. Fresh sector disclosures can reshape expectations when operating evidence differs from the first market reaction. Southern Cross Media Group (ASX:SXL) is in focus as Australian market participants assess repor...

Kalkine
Neutral
20 Aug

What could ASX 100 mean for SCA (ASX:SXL)?

Highlights The distinguishing feature in SCA is the sequencing of pricing discipline and customer churn, which makes a generic communication stocks reading insufficient. This coverage treats SCA as an operating case study, beginning with recurring revenue and then testing customer churn. The sector lens is used to explain business mechanics while ASX 100 remains the wider Australian market reference. Pricing discipline is the practical bridge between the latest update and the companys underlyin...

Kalkine
Neutral
11 Aug

Why Is Southern Cross Media (ASX:SXL) Resetting Costs?

Highlights Southern Cross Media has moved to reduce its cost base after television advertising conditions weakened more than expected. The company update puts revenue resilience, integration execution and digital-audio growth at the centre of the near-term operating discussion. Cost discipline, advertising demand and the ability to capture scale benefits remain important measures for the broader company outlook. Southern Cross Media Group is back in focus across the Australian media landscape...

Kalkine
Neutral
5 Aug

Can Southern Cross Media (ASX:SXL) Sustain Its Chart Momentum After the Trading Update?

Highlights Southern Cross Media gives the ASX Technical Analysis category a new company-specific trigger. The event sits alongside broader sector conditions rather than replacing them. Readers should separate the direct announcement from wider market inference. Southern Cross Media (ASX:SXL) is in focus this week after an announcement on trading update and volume focus, giving Australian readers a concrete new development to assess within the current market setting. The sector signal The wide...

Kalkine
Positive
21 July

Top Boosts Southern Cross Media Group Stake to 8.56% via Strategic Share Acquisitions

Top (ASX: TOP) has elevated its substantial shareholding in Southern Cross Media Group Limited (SXL) from 7.53% to 8.56% through a coordinated series of market purchases and trades conducted between February and July 2026. These acquisitions, executed via multiple associated entities such as TIGA Trading Pty Ltd and Thorney Opportunities Ltd, mark a significant increase in Top's investment in the regional media broadcaster. The change was formally disclosed in a Form 604 substantial holder notic...

Kalkine
Positive
16 June

Southern Cross Engineering Raises Capital for Growth

Highlights Southern Cross Electrical Engineering raises capital to strengthen project delivery capacity. Funds aimed at supporting infrastructure, mining services and workforce expansion. Activity highlights ongoing demand across Australia’s energy and industrial construction sectors. Southern Cross Electrical Engineering raises capital to support expanding mining and infrastructure projects, strengthening its position in Australia’s active engineering services sector driven...