Weeks after CEO Rohan Lund praised his newsroom talent, hundreds of those same staff may be facing redundancy.
Alex Waislitz has backed Bruce McWilliam for the Southern Cross board after he built a near 10 per cent stake.
They've unveiled a largely unchanged national radio line-up.
See the top industry stories trending today.
His departure comes less than a year after the network inked a 10-year, $200 million deal with Kyle and Jackie O.
Ciaran Davis: 'We are deeply grateful for the contributions of those impacted and are committed to supporting them through this transition.'
The previous agreement was in place until 31 December 2023
Report indicates real radio war: Market ready for Anchorage Capital takeover bid for SCA
• Ben Roberts-Smith, Mick Gatto, oOh!Media, Milk+Honey, This is Flow, Lisa Wilkinson, Byron Baes, and Turf War
The price of Southern Cross Media shares has soared in recent months
“This year’s results reflect the operational and financial reset of Southern Cross Austereo"
