Nine Entertainment Co. Holdings Limited (AU:NEC) has released an update.
Nine Entertainment Co. has showcased robust growth with its Total TV audiences and digital subscription businesses like Stan and metro mastheads, expecting subscriptions to comprise about 30% of FY24 group revenues. The company’s digital strategies, including a strong first-party data resource and platform innovation investments, have positioned it uniquely in the market. Despite challenging conditions, Nine’s content-driven approach has led to audience gains and a strengthened competitive position in the Australian media landscape.
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