Seven West Media merger approved by shareholders

Seven West Media shareholders have voted overwhelmingly in favour of a $385 million merger with Southern Cross Media Group, with 99% of shares cast supporting the deal. The merger awaits New South Wales Supreme Court approval and is set to take effect on January 7th. The combined entity will control 104 radio stations, television stations across Australia, a major Western Australian publishing business, and digital assets, with shared content potentially appearing as early as the Boxing Day Test.See omnystudio.com/listener for privacy information.