Nine Entertainment Co.
ASX:NEC
Nine CEO Matt Stanton has told analysts the media company’s latest acquisition, which the market endorsed, was not “off the cuff” and came together after a year of work.
Treasury officials have quietly indicated that Microsoft’s professional networking platform, LinkedIn, could be included in a revived plan to make tech companies pay for news.
In a note to staff on Tuesday, Shields said he would step aside as editor of Nine’s Sydney metro masthead to focus on his health and wellbeing.
After waiting for years for the Albanese government to flesh out its plans to force tech giants to pay for news, the power players involved have just four weeks to fight their corner.
The nation’s largest domestic media company faces the prospect of a second strike at its AGM next month, after a powerful proxy advisor urged investors to vote against its remuneration report.
In an interview, CEO Andy Florance has pledged to invest heavily in Australia after his $3 billion Domain purchase, with a commercial data product up first.
While Nine Entertainment's results were initially warmly received by the market, once the dust settled analysts had more questions than answers about its post-Domain growth story.
The domestic media giant's CEO all but ruled out any deal for radio operator Southern Cross, hinting that it could use its real estate platform windfall for organic growth.
Howard Rees has been tapped as chief strategy officer of Nine's beefed up streaming and broadcast division.
Major publishing deals struck with Google in 2021 are set to begin expiring from April next year. The Albanese government has told some executives it aims to finalise the policy by then.
As Nine nears a $1.4 billion payday for its stake in Domain, attention has turned to what it could offload next.
Former Optus Sport boss Howard Rees has been linked with the nation's largest media company as it kicks off a recruitment drive to support its acquisition of rights to the EPL.
The price hike was rolled out without warning to existing Stan Sport subscribers on Tuesday, just a day after Nine announced its deal with Optus.
It’s the football transfer saga that’s captured the attention of Australia’s media industry — but instead of players, it’s Optus and Nine trading Premier League rights.
The two companies are expected to announce an agreement involving highly coveted streaming rights in the coming weeks. However, no deal has been finalised.
Michael Stutchbury stood down as editor of the Australian Financial Review to the surprise of many colleagues last year. He told Capital Brief he’s excited to lead an influential think tank.
The Nine chief would not be drawn on a possible Premier League bid, after having clinched a major broadcast deal for the Rugby World Cup through to 2029.
The billionaire's vision for Nine is one of the biggest talking points in Australian media in recent years. Now, he's finally poised to cement his control.
The two companies could have an exclusivity and process deed signed and released to the market as early as Monday morning, after CoStar lobbed a revised takeover bid last week.
The HBO parent company has enlisted Nine Entertainment to sell ads for its standalone streaming platform ahead of its local launch later this month.
The legacy media operator's lack of response to a bid for its once prized digital asset Domain has added to the intrigue surrounding the closely watched deal.
