"Senator Coonan is set to announce the federal government's long-awaited media reforms, including plans to modify the 20-year-old cross-media rules THIS AFTERNOON
Under the current laws, one company cannot control more than one television licence or two commercial radio licences or a newspaper in the same area.
The minister is tipped to announce a new policy in which a company could own print, radio and television interests in one area, but each area would need a minimum number of players - five for cities and four for regional areas."
SBC is one of the few media companies with an open register.
It owns a lot of regional tv stations so could be a fit with RUP (rural press) Also it owns some good metropolitan radio stations eg 2ue
It has largely been overlooked but seems in my mind to be one of the media companies most likely to be takeover.
SBC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
