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Fairfax purchases Australia's largest commercial talk network

Posted by Paul • Tuesday, July 3. 2007 • Category: domestic radio
ABC News reports that Fairfax, owners of The Melbourne Age and The Sydney Morning Herald newspapers, is buying the Southern Cross Radio network, which includes high rating stations such as 3AW, in Melbourne, and 6PR in Perth.

This move has been enabled by the Australian federal government's new media laws, which were passed in 2006 and recently came into effect, which do away with the previous cross-media ownership prohibitions.

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