{"id":952121,"date":"2026-11-04T09:20:10","date_gmt":"2026-11-04T09:20:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/952121\/"},"modified":"2026-11-04T09:20:10","modified_gmt":"2026-11-04T09:20:10","slug":"sxl-asx-ryan-stokes-final-chess-move-swallows-southern-cross-media-whole","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/952121\/","title":{"rendered":"SXL ASX: Ryan Stokes\u2019 final chess move swallows Southern Cross Media whole"},"content":{"rendered":"<p>It\u2019s been obvious to anyone with eyes how Ryan Stokes and father Kerry Stokes played Southern Cross Media <a href=\"https:\/\/www.afr.com\/rear-window\/kerry-and-ryan-stokes-pin-the-tail-on-the-donkey-20260427-p5zrct\" rel=\"nofollow noopener\" target=\"_blank\">for a bunch of dumb donkeys.<\/a><\/p>\n<p>They convinced then-chairman Heith Mackay-Cruise last year to merge with their Seven West Media (publisher of The West Australian) in an all-scrip transaction notionally worth $417 million. Southern Cross swallowed Seven\u2019s debt, while <a href=\"https:\/\/www.afr.com\/companies\/media-and-marketing\/the-180-million-reason-why-kerry-stokes-is-selling-seven-west-20251002-p5mzik\" rel=\"nofollow noopener\" target=\"_blank\">Ryan and Kerry picked up losses to use later<\/a>.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s been obvious to anyone with eyes how Ryan Stokes and father Kerry Stokes played Southern Cross Media&hellip;\n","protected":false},"author":2,"featured_media":952122,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,99],"class_list":["post-952121","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-au","tag-australia","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/952121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=952121"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/952121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/952122"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=952121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=952121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=952121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}