Ad revenue down for Southern Cross Media amid “difficult” conditionsSeven CEO signals a "lower cost base and lower head count" as part of wider business reset. Southern Cross Media Group Limited today announces its financial results for the financial year ending 30 June 2026. “I think it’s inevitable that we’ll be moving to a lower cost base and lower head count in the group.” TelevisionSeven was Australia’s most-watched network in FY26 with a 42.5% audience share*, up 1.3 ppts, a record share achieved outside an Olympics year. 7plus achieved its best result ever, averaging 42.2% audience share, up 4.3 ppts, making it the fastest-growing BVOD service in Australia.