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Nine Entertainment Reboots Portfolio with $850m QMS Buy and Radio Exit
8:51am on Friday 30th of January, 2026 AEDT
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Nine Entertainment Reboots Portfolio with $850m QMS Buy and Radio Exit
8:51am on Friday 30th of January, 2026 AEDT
Key Points
Acquisition of QMS Media for A$850 million to expand digital outdoor advertising
Sale of Nine’s broadcast radio assets for A$56 million to Laundy Family Office
Conversion of NBN regional TV station to affiliate operated by WIN Network
Digital growth assets expected to contribute over 60% of revenue by FY27
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NINE ENTERTAINMENT CO. HOLDINGS (ASX:NEC)
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