Nine Entertainment Co. Holdings Limited (ASX:NEC)

Australia flag Australia · Delayed Price · Currency is AUD
1.350
+0.010 (0.75%)
Apr 17, 2025, 4:10 PM AEST
-12.34%
Market Cap 2.14B
Revenue (ttm) 2.65B
Net Income (ttm) 91.45M
Shares Out 1.58B
EPS (ttm) 0.06
PE Ratio 23.55
Forward PE 13.11
Dividend 0.09 (6.30%)
Ex-Dividend Date Mar 10, 2025
Volume 3,494,832
Average Volume 9,974,288
Open 1.340
Previous Close 1.340
Day's Range 1.335 - 1.375
52-Week Range 1.065 - 1.813
Beta 0.96
RSI 34.52
Earnings Date Aug 27, 2025

About ASX:NEC

Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The company provides television services under the brands, including 9Network, Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, and 6PR brands; and publishes newspapers, news-inserted magazine... [Read more]

Industry Entertainment
Founded 1956
Employees 3,350
Stock Exchange Australian Securities Exchange
Ticker Symbol NEC
Full Company Profile

Financial Performance

In 2024, ASX:NEC's revenue was 2.63 billion, a decrease of -2.76% compared to the previous year's 2.70 billion. Earnings were 110.90 million, a decrease of -39.00%.

Financial Statements

News

Bonuses for Wallabies wins in Rugby Australia’s new $240m TV broadcast deal

Improved deal struck with Nine Entertainment over five years Extra money to reward key wins during 2026-2030 period Rugby Australia has signed a five-year extension to its broadcast rights agreement w...

9 days ago - The Guardian

The curious case of the company with half its market cap to give back

Nine Entertainment looks certain to pocket $1.4 billion from the sale of Domain to US group CoStar. What it does with the cash will be the subject of fierce debate.

22 days ago - The Australian Financial Review

CoStar lobs ‘best and final’ $2.8b takeover bid for Domain

The country’s second-largest real estate portal is controlled by media giant Nine Entertainment, which told shareholders it could receive up to $1.4 billion.

23 days ago - The Australian Financial Review

Nine Entertainment’s bankers in talks to sell Domain stake to CoStar

Nine’s bankers have told CoStar it would have to pay potential $4.65 a share for the media company’s 60 per cent stake in Domain.

4 weeks ago - The Australian Financial Review

Nine to sell ads on new streaming service Max

Warner Bros Discovery’s Max streaming platform launches in Australia on March 31. Nine Entertainment, which owns Stan, will also stand to benefit.

4 weeks ago - The Australian Financial Review

Matt Stanton appointed CEO of Nine Entertainment

The former Bauer Media boss will take over immediately after five months acting in the role at the broadcasting and publishing giant.

5 weeks ago - The Australian Financial Review

Hugh Marks checks in at ABC headquarters as Ita Buttrose briefs top silk after legal letter exposed | The Weekly Beast

Former Nine boss takes over from the outgoing managing director, David Anderson, amid turmoil over Antoinette Lattouf case. Plus: Daily Mail embraces supernatural Tropical Cyclone Alfred LIVE: latest ...

6 weeks ago - The Guardian

ABC’s new managing director Hugh Marks says turmoil at Nine Entertainment makes him a ‘better leader’

Chair of the national broadcaster describes appointee to five-year term as ‘unusually well qualified’ Follow our Australia news live blog for latest updates Get our breaking news email , free app or d...

4 months ago - The Guardian

Former Nine CEO Hugh Marks named new managing director of the ABC

Appointment comes months after David Anderson announced he would be stepping down Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Th...

4 months ago - The Guardian

Nine Entertainment to slash $100m in costs amid reckoning over bullying and harassment

‘There will be change at Nine and individuals will be held to account for behaviour of this nature’ acting CEO tells AGM Follow our Australia news live blog for latest updates Get our breaking news em...

5 months ago - The Guardian

Nine tells staff it will act on ‘abuse of power’, ‘bullying’ and ‘sexual harassment’ allegations laid bare in report

One former staffer says ‘the messaging is platitudes’ unless management acts to remove alleged perpetrators from the media company Follow our Australia news live blog for latest updates Get our breaki...

6 months ago - The Guardian

Nine staff hire lawyers after report finds some leaders attempted to cover up inappropriate workplace behaviour

Sources say ‘a lot of complaints’ about individuals are being investigated and if upheld people may be sacked Follow our Australia news live blog for latest updates Get our breaking news email , free ...

6 months ago - The Guardian

Afternoon Update: Labor rules out negative gearing changes; fans mourn Liam Payne; and the bid to bring back the thylacine

Want to get this in your inbox every weekday? Sign up for the Afternoon Update here , and start your day with our Morning Mail newsletter . Welcome, readers, to Afternoon Update. The Albanese governme...

6 months ago - The Guardian

Nine apologises unreservedly after bombshell report reveals systemic bullying and harassment

Nine board commits to implementing all recommendations for a ‘reset of culture’ Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Nine...

6 months ago - The Guardian

Billionaire Bruce Gordon retires from WIN as succession questions loom

The future of billionaire Bruce Gordon’s expansive estate – regional broadcaster WIN, 25 per cent of Nine Entertainment, and countless properties – is anyone’s guess.

7 months ago - The Australian Financial Review

Nine CEO to Leave Ahead of Report on Media Group’s Workplace Culture

Nine Entertainment CEO Mike Sneesby will step down at the end of the month ahead of the release of an independent review into the Australian media conglomerate's workplace culture. (WSJ)

7 months ago - Adweek

Exit signs: a timeline of Nine Entertainment’s annus horribilis

CEO Mike Sneesby is the latest executive to step down in a tumultuous year that saw striking staff and plummeting profits Follow our Australia news live blog for latest updates Get our breaking news e...

7 months ago - The Guardian

Nine Entertainment CEO Mike Sneesby to Depart Amid Turbulent Year and Leadership Shake-Up

Mike Sneesby, Chief Executive of Nine Entertainment, is set to step down within weeks following a challenging year for the company marked by allegations of misconduct and bullying in its newsrooms. Th...

7 months ago - CEOWORLD magazine

Nine CEO to Leave Ahead of Report on Media Group's Workplace Culture

Nine Entertainment Chief Executive Mike Sneesby will step down at the end of the month ahead of the release of an independent review into the Australian media conglomerate’s workplace culture.

7 months ago - The Wall Street Journal

Nine CEO Mike Sneesby quits following months of pressure over allegations of toxic culture

Sneesby’s departure comes after news director Darren Wick abruptly left Nine in March and chairman Peter Costello resigned in June Follow our Australia news live blog for latest updates Get our breaki...

7 months ago - The Guardian

Nine CEO Sneesby Steps Down After Years-Long Share Price Crater

Nine Entertainment Co. Chief Executive Officer Mike Sneesby stepped down after 3 1/2-years at the helm, leaving the broadcaster and publisher struggling with a plummeting share price and a tepid adver...

7 months ago - BNN Bloomberg

Mike Sneesby steps down as Nine Entertainment chief executive

His resignation comes at a critical time for the media giant, which is conducting a review into workplace culture while juggling a decline in advertising.

7 months ago - The Australian Financial Review

Nine executives’ bonuses take a hit as profits plummet 31% in soft ad market

Drop in revenue in broadcasting and publishing partly offset by increase in income from Stan and Domain Follow our Australia news live blog for latest updates Get our breaking news email , free app or...

8 months ago - The Guardian

Bread, milk, MAFS? Media giants want supermarkets to hire them

Nine Entertainment and oOh!media are pitching to work with IGA owner Metcash. Why? To capture some of an emerging market growing to $2.8b by 2027.

8 months ago - The Australian Financial Review

Senior journalists leave Sydney Morning Herald, Age and AFR in decade’s biggest talent exodus

Up to 85 staff take a voluntary redundancy after Nine newspapers announced it was cutting 200 jobs Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , fr...

8 months ago - The Guardian