Sydney - Macquarie Media Group said it plans to internalize its management, effectively removing Macquarie Group Ltd. as its manager. Macquarie Media plans to pay Macquarie Group A$40.5 million (US$37.2 million) for the management rights, and said it will simplify its corporate structure by converting to a single holding company. The media investment firm is also raising capital to pay down debt. For more than a decade, Macquarie has been buying up assets with large amounts of debt and spinning … [Read more...] about Australia: Macquarie Media Group restructure