Nine takes 9.9pc stake in Southern Cross
![The site, in the Sydney north shore suburb of Willoughby, has been home to the Nine Network for 50 years.](/content/dam/images/g/h/1/q/z/u/image.related.afrIndexLead.320x210.gnlgfk.glm88m.png/1458210141808.jpg)
Nine Entertainment Co is understood to have taken a 9.9 percent stake in Southern Cross Media Group after Macquarie Group kicked off a selldown of its shareholding in the national radio and regional television group.