Nine Entertainment Co. Holdings Limited (ASX: NEC)
Market Cap | 2.01B |
Revenue (ttm) | 2.63B |
Net Income (ttm) | 110.90M |
Shares Out | 1.58B |
EPS (ttm) | 0.07 |
PE Ratio | 18.50 |
Forward PE | 14.74 |
Dividend | 0.09 (6.85%) |
Ex-Dividend Date | Sep 12, 2024 |
Volume | 4,509,882 |
Open | 1.255 |
Previous Close | 1.245 |
Day's Range | 1.245 - 1.272 |
52-Week Range | 1.065 - 2.060 |
Beta | 1.07 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 25, 2025 |
About 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]
Financial Performance
In 2024, 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 StatementsNews
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...
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...
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 ...
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...
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...
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.
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)
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...
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...
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.
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...
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...
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.
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...
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.
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...
Future Group joins campaign to ban gambling ads
Ethical investment groups Ethinvest and Future Group are backing an investor campaign to stop media giants Seven West and Nine Entertainment from running gambling ads.
REA’s success exposes shrinking Domain
The growth engine for Nine Entertainment, property classifieds platform Domain, has not been firing – and is losing ground to News Corp-controlled REA Group.