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\n\t\t\tPopular on Variety\t\t<\/h3>\n<\/p><\/div>\n
\n\tCoverage of the Paris Olympics and Paralympics was highlighted as both profitable and cash flow positive, underscoring what Nine described as the strength of its Integrated Audience Platform.<\/p>\n
\n\tThe company declared a fully franked final dividend of $0.026 per share and a special dividend of $0.31 per share, both payable Sept. 26. The special dividend follows completion of Nine\u2019s sale of its 60% stake in Domain to CoStar, which generated $908.1 million in after-tax proceeds payable today.<\/p>\n
\n\tPublishing revenue slipped 6% to $341.2 million, though EBITDA was flat at $99.2 million, helped by 15% growth in digital subscriptions at metro mastheads. Nine\u2019s audio division reported EBITDA of $5.8 million, up 8%, with digital audio revenue climbing 31% on total revenue of $65.5 million.<\/p>\n
\n\tThe company also delivered more than $51.9 million in cost efficiencies during FY25, with $38.9 million recurring and a further $58.4 million committed, targeting annualized savings of $97.3 million by FY27.<\/p>\n
\n\tLooking ahead, Nine said momentum across its core digital and subscription assets is expected to support EBITDA growth in the first half of FY26. However, management cautioned that visibility around second-half advertising market conditions remains limited.<\/p>\n
\n\tChair Catherine West said: \u201cWe are Australia\u2019s most diversified media company, emerging stronger during FY25 through our accelerated strategic and cultural transformation. Nine is part of Australia\u2019s fabric\u2026 Customers are spending more time on our platforms as we execute our strategy to deepen our connections with consumers and advertisers.\u201d<\/p>\n
\n\tShe added that divesting Domain \u201ccrystallizes shareholder value and enables us to focus on media assets where we have clear competitive advantages.\u201d<\/p>\n
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\n\tCEO Matt Stanton noted that both streaming and broadcast delivered profit growth in the second half. \u201cAt the start of 2025, we accelerated our program of increased operating effectiveness through our strategic transformation program, Nine 2028, generating additional cost savings in FY25,\u201d he said. \u201cWe also rolled out our refocused operating model aligning the business across three key verticals \u2014 Streaming and Broadcast; Publishing; and Marketplaces.\u201d<\/p>\n<\/div>\n<\/div>\n
Read More<\/a>
\n Naman Ramachandran<\/p>\n","protected":false},"excerpt":{"rendered":"Australian media giant Nine Entertainment Co. Holdings Limited posted revenue of AUD2.7 billion ($1.75 billion) and a net profit after tax of AUD133 million ($86.3 million) for the 12 months ended June 30, the company announced Wednesday. The result included $39.6 million in post-tax specific items. Group EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)<\/p>\n","protected":false},"author":1,"featured_media":868310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28635,1798],"tags":[17296,14293],"class_list":{"0":"post-868309","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australias","8":"category-entertainment","9":"tag-australias","10":"tag-entertainment"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/868309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=868309"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/868309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/868310"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=868309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=868309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=868309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}