AUSTRALIA's largest regional media group, Macquarie Media, has accelerated a review of its capital management strategy following a share slump.

The company, which last year bought the Southern Cross regional TV business which owns most of Channel Ten's regional stations, said it would consider partial pre-payment of its business-level debt.

Chairman Max Moore-Wilton told shareholders at today's annual meeting in Sydney the option would be considered against other capital management intitiatives or potential acquisitions. [link=,24897,24570406-7582,00.html]Full story The Australian[/link]