Southern Cross Austereo profit plunges, Peter Bush named as chairman
Southern Cross Austereo profit plunges, Peter Bush named as chairman
Struggling radio and television network Southern Cross Austereo has persuaded its lenders to ease covenants and appointed corporate turnaround specialist Peter Bush as its new chairman in a bid to reassure investors.
The regional TV station operator and owner of Today’s Hit and Triple M radio networks posted a 24.5 per cent slide in half-year profit
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