Australia Media

Southern Cross Media Group (ASX:SXL) announced a major restructuring programme to counter deteriorating market conditions.

oOh!media (ASX:OML) confirmed it is the target of a fresh, non-binding acquisition bid from global buyout firm Bain Capital and associated financial sponsors.

Swift TV (ASX:STV) secured a $2.3 million capital injection for the rollout of its entertainment and communication platform.

Bain Capital joins the $663 million bidding war for oOh!media (ASX:OML), setting up a major private equity showdown.

Australian media calls for new ATO powers to expose big tech's offshore revenue shifting as the government debates the News Bargaining Incentive levy.

Swift TV (ASX:STV) announced that its flagship enterprise connected TV platform has secured official Google certification.

Nine Entertainment (ASX:NEC) has finalised the sale of its regional television assets, NBN in Northern NSW and Nine Darwin.

The Australian Competition and Consumer Commission has launched Federal Court proceedings against Amazon Australia.

Australia's richest person, Gina Rinehart, has made a high-profile return to the media sector by acquiring a 9.15% stake in Southern Cross Media (ASX:SXL).

Service Stream (ASX:SSM) has formalised an agreement to acquire Queensland-based RIE Group.

oOh!media (ASX:OML) reported a 7% lift in Australian Q1 revenue, slightly outperforming earlier projections.

Swift TV (ASX:STV) announced its entry into the global hospitality sector through a premier resort agreement.