Nine Entertainment Co Holdings Ltd
Nine Entertainment Co. Holdings Limited is an Australia-based media company. The Company is focused on providing brands spanning news, business and finance, lifestyle, entertainment and sport. The Company operates a multi-platform media…
The business
Nine Entertainment Co. Holdings Limited is an Australia-based media company. The Company is focused on providing brands spanning news, business and finance, lifestyle, entertainment and sport. The Company operates a multi-platform media network, engaging audiences across television, broadcast video on demand, digital and publishing, subscription video on demand and events. Its content includes news, sport and entertainment. The Company's segments include Streaming & Broadcast and Publishing. The Streaming & Broadcast segment includes free-to-air television activities, 9Now and the Stan subscription video on demand service. The Publishing segment includes Nine Digital (Nine.com.au and other digital activities) and Metropolitan Media (metropolitan news, sport, lifestyle and business media across various platforms). It also holds a digital outdoor media platform, with operations in Australia and New Zealand.
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Latest news
Nine extends tennis rights, Rio Tinto’s Turquoise Hill purchase stalled and Sandfire gains new CEO
Nine Entertainment (ASX: NEC) has extended its partnership with Tennis Australia, which will see the television giant hold the rights until 2029, under a new deal worth more than $425 million. The new five-year deal sees Nine continue as Australia’s home of tennis, after it took over the rights from competitor Seven West Media (ASX: […]
Nine Entertainment posts record profits, Pendal accepts Perpetual takeover bid and Origin Energy announces climate transition plan
Media company Nine Entertainment (ASX: NEC) has experienced a 35% rise in full-year net profits to $315 million, allowing the company to announce a record dividend payment and proposed $341 million buyback. The company’s profits were driven by a growth in subscriptions, as well as a buoyant advertising market. Nine chief executive officer Mike Sneesby […]
Closing down AAP will rob Australians of valuable news
The rapid impending closure of news service Australian Associated Press (AAP), is one of those occasions when you don’t know what you have lost until it has gone. After 85 years of operation, AAP is set to close on 26 June with about 500 people out of work as a result. While most news consumers […]
Nine and Fairfax merger all about survival
One thing should be absolutely clear about the A$4.2 billion merger between Nine Entertainment (ASX: NEC) and Fairfax Media (ASX: FXJ) – it is all about survival for both of these once proud media companies. As the rivers of gold slowly turned into a dry creek of clicks for Fairfax, the owner of The Age […]
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