SXL 0.00% 74.0¢ southern cross media group limited

Fantastic 'investment' by A1N too.Gotta love how these media...

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    Fantastic 'investment' by A1N too.

    Gotta love how these media companies think they can throw endless amounts of money at streaming and digital platforms and think they can make it profitable.

    Once you move into online content, you are effectively moving away from locally focussed markets and moving into an increasingly Globally diversified and diluted market of content producers. A market that is racing to the bottom, as far as revenue is concerned.

    Most advertiser's aren't interested in spruiking their products and services to consumers in a different City, let alone State or Country.

 
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