Announcement • Jun 10
Helen McCabe acquired an unknown majority stake in Future Women Pty. Ltd. from Nine Entertainment Co. Holdings Limited (ASX:NEC). Helen McCabe acquired an unknown majority stake in Future Women Pty. Ltd. from Nine Entertainment Co. Holdings Limited (ASX:NEC) on June 9, 2026.
Helen McCabe completed the acquisition of an unknown majority stake in Future Women Pty. Ltd. from Nine Entertainment Co. Holdings Limited (ASX:NEC) on June 9, 2026. Announcement • Apr 02
Nine Entertainment Co. Holdings Limited (ASX:NEC) completed the acquisition of QMS Media Pty Limited from Quadrant Private Equity Pty Limited. Nine Entertainment Co. Holdings Limited (ASX:NEC) entered into an agreement to acquire QMS Media Pty Limited from Quadrant Private Equity Pty Limited for approximately AUD 850 million on January 30, 2026. In a related but separate transaction, Nine Entertainment Co. Holdings Limited will sell its broadcast radio assets. The transaction will be funded using existing debt facilities and cash reserves of Nine Entertainment Co. Holdings Limited.
The transaction is subject to satisfaction of customary conditions. The expected completion of the transaction is in the fourth quarter of FY 2026. The transaction is expected to be marginally EPS accretive. Rachael Bassil and Olivia Blakiston, Rachel Barclay, Katerina Kovalenko and Tejas Chaudhry of Gilbert and Tobin and Minter Ellison Rudd Watts acted as advisor to QMS Media Pty Limited.
Jefferies Pty Ltd acted as financial advisor for Nine Entertainment Co. Holdings Limited.
Nine Entertainment Co. Holdings Limited (ASX:NEC) completed the acquisition of QMS Media Pty Limited from Quadrant Private Equity Pty Limited on March 31, 2026. Announcement • Feb 25
Nine Entertainment Co. Holdings Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2025, Payable on April 23, 2026 Nine Entertainment Co. Holdings Limited announced an ordinary dividend of AUD 0.04500000 for the six months ending December 31, 2025. Ex Date: March 9, 2026. Record Date: March 10, 2026. Payment Date: April 23, 2026. Announcement • Jan 30
Nine Entertainment Co. Holdings Limited (ASX:NEC) entered into an agreement to acquire QMS Media Pty Limited from Quadrant Private Equity Pty Limited for approximately AUD 850 million. Nine Entertainment Co. Holdings Limited (ASX:NEC) entered into an agreement to acquire QMS Media Pty Limited from Quadrant Private Equity Pty Limited for approximately AUD 850 million on January 30, 2026. In a related but separate transaction, Nine Entertainment Co. Holdings Limited will sell its broadcast radio assets. The transaction will be funded using existing debt facilities and cash reserves of Nine Entertainment Co. Holdings Limited.
The transaction is subject to satisfaction of customary conditions. The expected completion of the transaction is in the fourth quarter of FY 2026. The transaction is expected to be marginally EPS accretive.
Jefferies Pty Ltd acted as financial advisor for Nine Entertainment Co. Holdings Limited. Announcement • Jan 13
Nine Entertainment Co. Holdings Limited, Annual General Meeting, Nov 06, 2026 Nine Entertainment Co. Holdings Limited, Annual General Meeting, Nov 06, 2026. Announcement • Sep 30
Lowball Offers for Nine Radio Would-be suitors who submitted unsolicited offers for Nine Entertainment Co. Holdings Limited (ASX:NEC) talkback radio business have begun jostling for position and pre-emptively drafting succession plans for the division following the media giant's admission it would consider selling the network. Nine chief executive Matt Stanton told staff on September 25, 2025 that the potential sale of the company's network of talkback radio stations - including Sydney's 2GB, Melbourne's 3AW, Brisbane's 4BC and Perth's 6PR - would rest on the outcome of an internal review into the viability and value of the audio assets. An early stumbling block has emerged, though - while Nine has been hopeful the review would reinforce its aspirations to attract bids close to $60 million, prospective buyers have indicated they would be willing to negotiate only within a $35 million-$40 million price range. Industry sources have told The Australian that multi--millionaire former adman John Singleton, who sold his last 32.2% stake in Macquarie Media radio network to Nine six years ago for $80 million, has approached the network's former boss Russell Tait about reprising his executive chairman role should his current offer be successful. It's understood Mr. Singleton, 83, who has privately indicated he hopes to try to coax top-rating 2GB morning host Ray Hadley out of retirement as part of his -vision to reinvigorate the network's star appeal, would be keen to reinvest in the company only if he could buy it for a bargain basement price in the region of $35 million. Rival bidder Australian Digital Holdings was also busy strategising in the wake of Mr. Stanton's announcement at a staff town hall meeting last Thursday that the company had received "a number of unsolicited offers" for its audio assets in recent months. ADH chairman Maurice Newman and chief executive Jack Bulfin were among the first parties to register interest in taking over Nine's radio division, after lodging a formal offer with the company's then chair, Catherine West, to buy the talkback network as part of a $42 million bid with "all proceeds" to be paid in cash up front. Any prospective purchase of the Nine-owned radio arm would take a matter of months, not weeks, to nail down, and a deal would still need to be signed off by the Australian Competition & Consumer Commission, the Australian Communications and Media Authority, and Jim Chalmers. In his staff briefing, Mr. Stanton said all options were on the table: the company's audio assets might be sold, partially sold, or retained with further investment. There is also ongoing speculation that should Nine offload its network of talkback stations, it might invest in FM radio. Irrespective of a sale of its radio assets, however, Nine -remains committed to retaining its significant audio and podcasting platforms, The Australian understands. Announcement • Sep 26
Nine Entertainment Co. Limited Announces Board Changes, Effective 7 November 2025 Nine Entertainment Co. Limited announced that Catherine West has advised the Board of her intention to retire as Chair and as a Non-Executive Director at the conclusion of the Company's 2025 Annual General Meeting. Nine Independent Non-Executive Director Peter Tonagh will assume the role of Chair following the Nine Annual General Meeting on 7 November 2025. Having served on the Nine Board since 2016, Ms. West determined that now is the right time for an orderly succession of the role of Nine Chair. Mr. Tonagh, who joined the Nine Board as an independent Non-Executive Director in January 2025, has extensive leadership experience across the media, technology and analytics sectors from board and senior executive appointments over three decades at the highest level of Australian business. His career includes senior appointments at Boston Consulting Group, and Foxtel, where he served as CFO and later CEO. He was also CEO of News Corp. Australia and interim CEO of REA Group Limited and Deputy Chair of the ABC. Mr. Tonagh is currently Chair of Quantium, GTN Limited and not-for-profit organisation Bus Stop Films. Announcement • Aug 29
Nine Entertainment Co. Holdings Limited announces Annual dividend, payable on September 26, 2025 Nine Entertainment Co. Holdings Limited announced Annual dividend of AUD 0.0400 per share payable on September 26, 2025, ex-date on September 11, 2025 and record date on September 12, 2025. Announcement • Aug 26
Nine Entertainment Co. Holdings Limited Reportedly Eyes Southern Cross Austereo After Domain Cash Windfall Nine Entertainment Co. Holdings Limited (ASX:NEC) is considering a surprise play for Southern Cross Austereo Pty Limited, the largest radio broadcaster in Australia, as it looks for acquisitions following the $3 billion sale of its real estate portal, Domain. The Australian understands that in recent weeks top-level talks have been held between senior -executives from both Nine and SCA, and although some insiders have described the discussions as "informal" and "not well -advanced", others claim that Nine's interest in SCA is such that lawyers for both companies have also been present at the secret meetings, suggesting that the terms of a potential deal have been floated. What is not in dispute is the desire of Nine chief executive Matt Stanton to "grow the business" after the sale of Domain. In addition to discussions about the possibility of acquiring SCA, there has also been industry speculation that Nine might look to invest in an Australian outdoor media company such as QMS Media or oOh!media. A key priority for Nine, though, remains the retention of its live sport assets - most notably the NRL - and the increasing role that the company's streaming platform Stan will play in such deals. The NRL's current four-year broadcast deal expires at the end of the 2027 season, and the code has been clear that it expects the value of the sport's next media rights contract to be significantly higher than the previous one. Nine will formally offload Domain (in which it held a 60.1% stake) on Wednesday. Luke Brooks of the Eagles in action during the round 23 NRL match between Canberra Raiders and Manly Sea Eagles at GIO Stadium, on August 08, 2025, in Canberra, Australia. Roughly half of the $1.4 billion windfall is expected to be returned to shareholders as a fully franked special dividend, leaving the company with a potential war chest to invest in another significant asset, or assets. Should Nine make a bid for SCA's radio assets - which include the Hit Network and the Triple M network, as well as the LiSTNR digital audio platform - it would be a complicated transaction. Nine would first need to sell its suite of talkback radio stations in Sydney (2GB), Melbourne (3AW), Brisbane (4BC) and Perth (6PR) in order to comply with the Broadcasting Services Act, which restricts ownership of more than two commercial radio licences in the same market. It's been widely reported that Nine's board has been planning to prioritise the sale of its existing talkback radio network as soon as Domain was off the company's books. The Australian has previously reported that Nine has already received at least four approaches for its radio network, with one of the unsolicited offers - from emerging media player Australian Digital Holdings - worth about $42 million. It is believed that the other -initial bids all came in under the $30 million mark. It's understood Nine is seeking between $50 million and $60 million for the asset. "Anything less than $60 million probably wouldn't be worth looking at," a senior Nine insider told The Australian earlier this month. Nine's talkback stations, like the wider media industry, have suffered from the sharp downturn in advertising revenue in recent years, which worsened during the pandemic and which has yet to fully recover. There is a school of thought, however, that FM music/-entertainment stations are better placed than their AM counterparts to evolve and capitalise in the multi-platform digital age, hence Nine's interest in SCA. Announcement • Feb 21
CoStar Group, Inc. (NasdaqGS:CSGP) made an offer to acquire remaining 83.10% stake in Domain Holdings Australia Limited (ASX:DHG) from Nine Entertainment Co. Holdings Limited (ASX:NEC) and others for AUD 2.2 billion. CoStar Group, Inc. (NasdaqGS:CSGP) made an offer to acquire remaining 83.10% stake in Domain Holdings Australia Limited (ASX:DHG) from Nine Entertainment Co. Holdings Limited (ASX:NEC) and others for AUD 2.2 billion on February 21, 2025. A cash consideration of AUD 4.2 per share will be paid by CoStar Group, Inc. CoStar has advised Domain that it acquired 16.9% of Domain’s ordinary shares on February 20, 2025 at AUD 4.20 per share. Upon completion, CoStar Group, Inc. will own 100% stake in Domain Holdings Australia Limited. The proposed price will be adjusted for any dividends declared or paid by Domain prior to completion of the proposed transaction other than the dividend announced on February 13, 2025.
The transaction is conditional on CoStar entering into an agreed scheme implementation agreement, there being no material adverse change to the business, assets (including any material asset acquisition or divestment), capital structure, affairs, prospects or financial performance of Domain, satisfactory completion of confirmatory due diligence, unanimous approval of the Board of Directors of Domain, final internal Co-Star approvals to enter into the scheme implementation agreement, execution of satisfactory binding transaction documents and approval from the Foreign Investment Review Board. Announcement • Feb 17
Nine Radio Sale Reportedly in Doubt Amid Leadership Vacuum The continuing uncertainty surrounding Nine Entertainment Co. Holdings Limited (ASX:NEC)'s leadership is hampering the media company's moves to offload its audio business, with potential buyers expressing doubt about whether the sale will proceed. With assets including the country's two most popular talkback radio stations, 2GB and 3AW, the possible sale of Nine Radio has been the subject of months of industry chatter. The speculation intensified last month when the company's interim Chief Executive Officer, Matt Stanton, spoke of the need to streamline the organisation's -assets. Mr. Stanton said the Nine group was going to "refresh its operating model to more effectively leverage its portfolio of premium media assets, simplify business operations, reduce duplication, and provide greater accountability". Of Nine's core assets - television, audio, streaming, digital and print publishing business - the radio-led division is most likely to be put up for possible sale. But The Australian has been told the drawn-out process to appoint Nine's next CEO has stymied discussions. Mr. Stanton has been acting in the role since September 30. One interested party, who asked not to be named, said: "There is currently no one for potential buyers to speak with. "Nine needs a CEO with a clear path forward. "There's a lot going on (in the market), and not a lot going on (inside Nine)." Another stumbling block to a potential sale is that many advertisers aren't attracted to talkback radio's ageing audience, because of the challenges in making money from that demographic group. Speculation about potential buyers has ranged from Australia's richest person Gina Rinehart to former politician Joe Hockey, whose Bondi Partners consultancy firm boasts that it looks to "find commercial opportunities in challenging environments". Craig Hutchison's Sports Entertainment Group, which operates SENTrack stations around Australia, could be a contender, while Seven West Media, which has a 20% holding in ARN, may also make a play for Nine Radio, if the price is right. Nine Radio would offer many more synergies than Seven currently gets out of ARN. A number of private equity players could be interested in building a media group including radio, while Australian Digital Holdings, the Alan Jones-backed business which is launching Newsmax in Australia, is believed to be in market looking for backers for several other media plays. A Nine spokesman told The Australian: "We don't comment on market speculation". Announcement • Jan 14
Nine Entertainment Co. Holdings Limited Appoints Peter Tonagh as an Independent Non-Executive Director Nine Entertainment Co. has appointed media executive and company director Peter Tonagh as an independent Non-Executive Director, effective 14 January 2025. From his early days at Deloitte and Boston Consulting Group, Mr. Tonagh has had a long career in media in Australia, initially joining Foxtel in 2004 as Chief Financial Officer. Mr. Tonagh also spent two and a half years as Chief Operating Officer and later Chief Executive Officer of News Corp. Australia before returning to Foxtel as Chief Executive Officer in 2016. During his time at News Corp. Australia, Peter was a director of REA Group Limited where he also acted as interim CEO for six months. Since leaving Foxtel, Mr. Tonagh has held a range of board roles including lead independent director of Village Roadshow. He is currently Chair of Quantium, Australia's leading data and analytics company, as well as GTN Limited, Bus Stop Films and Honey Insurance. Mr. Tonagh recently stood down as Deputy Chair of the ABC. Mr. Tonagh has a Bachelor of Commerce degree from the University of New South Wales, a Masters of Business Administration from INSEAD, Europe's leading business school and recently completed Harvard's Business Analytics Program. Announcement • Jan 09
Nine Entertainment Co. Holdings Limited, Annual General Meeting, Nov 07, 2025 Nine Entertainment Co. Holdings Limited, Annual General Meeting, Nov 07, 2025. Announcement • Nov 20
TPG Capital Reportedly Eyeing Domain Group Corporate activity appears to be ramping up among Australasian online classified advertising businesses, with suggestions TPG Capital, L.P. is eyeing Domain Holdings Australia Limited (ASX:DHG). Domain Group working on options for the Australian-listed business is Jefferies Australia. There has been talk its 60% owner Nine Entertainment Co. Holdings Limited (ASX:NEC) is understood to be weighing a move to privatise Domain with help from private equity. However, Nine is yet to appoint a chief executive, so there's not yet any key decision maker that a private equity firm can negotiate with. The US-based private equity firm TPG Capital is said to be back looking at the business after it approached the Fairfax board in 2017 with an offer to buy Domain and the key newspaper mastheads for $2.29 billion. Perhaps Hellman & Friedman LLC is also once again casting its eye over the company. Announcement • Oct 25
Nine Reportedly Looks to Bring Domain Back to the Fold in Bid to Diversify Earnings After canvassing the market for buyers for years without success, Nine Entertainment Co. Holdings Limited (ASX:NEC)'s next move could be to bring Domain Group (Domain Holdings Australia Limited (ASX:DHG)) back in house to diversify the business away from the volatile earnings of its television unit, sources say. DataRoom revealed this month that New York-based private equity firm Kohlberg Kravis Roberts is understood to have explored a buyout proposal for the $2 billion Domain in 2021, when the pair were also looking to partner to buy Property Exchange Australia. While a new Nine chief executive is yet to be appointed, sources are not ruling out mergers and acquisitions being on the agenda when former boss Mike Sneesby's replacement is eventually named. Acting CEO Matt Stanton is now shaping up well for the role and has impressed directors. While Mr. Sneesby was at the helm, it is understood that he had aspirations to venture into outdoor advertising. Mr. Sneesby looked at buying Quadrant's outdoor advertising business QMS, and he was keen to buy oOh!media, but the share price was too expensive. It is now far cheaper. There's questions whether oOh!media provides insight into its profit guidance amid what market experts believe are deteriorating conditions and at a time the group has been underperforming some peers. oOh!media's market value is $647 million and its $1.22 share price has never recovered from the pandemic. Nine is understood to be weighing a move to privatise Domain with help from private equity. Nine bought Fairfax around 2018 in a deal at the time worth about $2.1 billion but before that, in response to Fairfax fielding private equity approaches, Fairfax demerged Domain and retained 60%. Domain's share price is at the same level it was four years ago. Jefferies Australia is Nine's adviser. Announcement • Sep 27
Nine Entertainment Co. Appoints Graeme Cassells as Acting Chief Financial Officer, Effective 1 October 2024 Nine Entertainment Co. announced that Graeme Cassells has been appointed as acting Chief Financial Officer (CFO) with effect from 1 October 2024. Mr. Cassells is currently Deputy CFO and has taken on the acting CFO role at Nine on a number of occasions in the past. Mr. Cassells has been at Nine for 14 years. He is a Chartered Accountant with a Bachelor of Accountancy from Glasgow University. Announcement • Aug 28
Nine Entertainment Co. Holdings Limited Proposes Fully Franked Dividend in Respect of the Year Ended 30 June 2024, Payable on 24 October 2024 Nine Entertainment Co. Holdings Limited has proposed a dividend in respect of the year ended 30 June 2024 of 4.5 cents per share, fully franked, amounting to AUD 71,359,296. The company paid 5.0 cents per share for the same period last year. Ex-dividend date: 12 September 2024. Record date: 13 September 2024. Payment date: 24 October 2024. Annual General Meeting date: 7 November 2024. Announcement • Jun 10
Nine Entertainment Announces Board Changes Nine Entertainment board chairman Peter Costello has resigned, following reports he allegedly assaulted a journalist from The Australian at Canberra Airport. Catherine West was appointed chair of Nine Entertainment Company. Mr. Costello is Australia's longest serving treasurer, having held the role in John Howard's Coalition government from March 1996 to December 2007. He retired as the federal Member for Higgins in 2009 after serving seven terms. Ms West had worked in the media and entertainment industry for more than 30 years in the UK, Europe and Australia.