Nine Entertainment Co has posted a net profit after tax and before specific items of $262 million, the second-highest result since the group's relisting in 2013.
CEO Mike Sneesby said it was investment in content that continued to drive financial success for the business. Subscription and licensing revenues at video-on-demand platform Stan and Nine's publishing platforms grew by 9 per cent, while digital revenue from the business' talk radio assets grew by 115 per cent.Nine's CEO Mike Sneesby said the content produced across all platforms was reaching 20 million people.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: