Nine Entertainment Co. Holdings Limited (ASX: NEC)

Australia flag Australia · Delayed Price · Currency is AUD
1.272
-0.028 (-2.15%)
Sep 30, 2024, 1:40 PM AEST
-38.25%
Market Cap 2.06B
Revenue (ttm) 2.63B
Net Income (ttm) 110.90M
Shares Out 1.58B
EPS (ttm) 0.07
PE Ratio 18.93
Forward PE 13.09
Dividend 0.09 (6.54%)
Ex-Dividend Date Sep 12, 2024
Volume 1,914,085
Open 1.300
Previous Close 1.300
Day's Range 1.265 - 1.302
52-Week Range 1.185 - 2.070
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]

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

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 Statements

News

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)

16 days 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...

17 days 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...

17 days 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.

18 days 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...

18 days 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...

18 days 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.

18 days 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...

4 weeks 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.

5 weeks 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...

5 weeks ago - The Guardian

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.

6 weeks ago - Financial Standard

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.

7 weeks ago - The Australian Financial Review