Ten signs new deal with Southern Cross

Ten Network Holdings has completed a new regional affiliation agreement with Southern Cross Media Group Ltd.

In a statement to the Australian Securities Exchange, the broadcasters say the agreement is for three years and no other details will be released.

Southern Cross chairman Max Moore-Wilton said he looks forward to "a stronger collaboration, focussed on improving Ten's national audience share and revenue-generating opportunities".

The companies' previous deadline for a deal was June 30, but this was extended one month after negotiations failed.