Southern Cross Austereo hit by poor advertising market

By Max Mason
Updated October 21 2014 - 5:18pm, first published 4:14pm
"National markets remain more challenging with both TV and metro radio being impacted by what is a competitive ratings environment," chief executive Rhys Holleran said. Photo: Arsineh Houspian
"National markets remain more challenging with both TV and metro radio being impacted by what is a competitive ratings environment," chief executive Rhys Holleran said. Photo: Arsineh Houspian
"National markets remain more challenging with both TV and metro radio being impacted by what is a competitive ratings environment," chief executive Rhys Holleran said. Photo: Arsineh Houspian
"National markets remain more challenging with both TV and metro radio being impacted by what is a competitive ratings environment," chief executive Rhys Holleran said. Photo: Arsineh Houspian
"National markets remain more challenging with both TV and metro radio being impacted by what is a competitive ratings environment," chief executive Rhys Holleran said. Photo: Arsineh Houspian
"National markets remain more challenging with both TV and metro radio being impacted by what is a competitive ratings environment," chief executive Rhys Holleran said. Photo: Arsineh Houspian

Southern Cross Austereo has downgraded its earnings expectations for the first half, as a tough ad market and poor ratings across television and radio weigh on the broadcaster.

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