Nine

ABC | August 12, 2019

The $113.9 million deal for the remaining 45.5 per cent stake of Macquarie will see highly paid shock jock presenters — including Alan Jones, Ray Hadley, Steve Price and Neil Mitchell — transfer to Nine's books. The acquisition, to be funded from Nine's cash reserves and existing debt facilities, will see flagship talk stations in the major capital cities — 2GB, 3AW, 4BC, 6PR — and Macquarie Sports Radio (formerly 2UE) fully owned and controlled by Nine. Sydney bu...

kalkinemedia | August 23, 2019

During the financial year, in December 2018, the company merged with Fairfax. On other acquisitions front, NEC acquired the remaining 40.78% of securities in CarAdvice.com Pty Ltd in November 2018, and it also acquired remaining 41.3% of 112 Pty Ltd in April 2019. The company has declared a fully franked dividend of AU 5 cents per share, which is payable on 17 October 2019, and the record date for the dividend is 27 September 2019. Also, it would go ex on 26 September 2019. Reportedly, the repor...

crunchbase | October 08, 2019

Fresh off a $50 million funding round in September, Group Nine Media has acquired PopSugar, a woman-focused publisher and lifestyle brand. The terms of the deal were not disclosed, but the Wall Street Journal reported that PopSugar, a San Francisco company, was valued at $300 million through the purchase. PopSugar’s online network of websites — offering everything from fashion tips to entertainment updates — attracted venture capital interest from industry behemoths like Sequoi...

variety | January 13, 2020

Consumer spending on home entertainment rose 8.4% to a record $25.2 billion in 2019, spurred by the at-home sector’s biggest growth engine — digital, according to DEG: The Digital Entertainment Group. Subscription streaming, digital movie sales and digital movie rentals over the internet all generated significantly more money than they did in 2018, DEG says. The trade association estimates consumers spent $15.9 billion on subscription streaming, which now accounts for 63% of the enti...