Investment Matters

Company news: Southern Cross Media

Southern Cross Media (SXL.ASX) announced that Rove McManus will replace Dan & Maz in the key Sydney breakfast show for 2DayFM.  Since Kyle and Jackie O's departure the breakfast slot (which is a key time for Radio and advertising) has been a challenge for SXL.  Much like the successful Hamish and Andy deal, Rove will be incentivised with shares issued every six months until July 2018.  

-       Dennison Hambling