Nine surges back with $184m profit on back of TV and Stan earnings

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Shares fall 7.7% after result disappoints market, but revenue expected to rise in 2022 as deals with Google and Facebook kick in

Earnings from TV and streaming serviceRevenue at Nine’s news mastheads, which includes the Sydney Morning Herald and the Age, fell as print circulation and advertising continued their long-term decline, but the fall was more than offset by increasing digital subscriptions and $35m in costs the company ripped out of the division.

 

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They saved millions in having one simple hairstyle for all. A droopy sad looking ridiculous style

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