All eyes on Southern Cross Media’s TV business
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Media industry veteran Rick Hutchinson is considering buying the television assets of Southern Cross Media Group in an attempt to establish an independent regional media network.
Other well-known media figures including ex Foxtel boss Peter Tonagh and former head of Multi-Channel Network Anthony Fitzgerald were approached to be involved in Mr Hutchinson’s plans, according to multiple people familiar with the negotiations. The sources stressed the talks were still in early stages and there is no guarantee a deal will go ahead.
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