Seven’s owner announces massive job cuts as TV earnings drop

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Source: The Age
Published: 2026-06-11 10:01 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Economy & Finance, Financial Markets, Media, Business & Economy
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Snippet:
Southern Cross Media, the business created from the merger of Kerry Stokes’ Seven West and radio group Southern Cross, announced a profit downgrade and massive job cuts as market conditions continue to deteriorate.
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