Latest Media News

oOh!media posts solid early 2026 revenue growth and launches a $12 million annual savings program, while exiting retail media and navigating takeover bids.

oOh!media has dismissed two non-binding takeover bids, including a fresh A$1.45 per share offer from I Squared Capital, while inviting revised proposals and pausing its share buyback.

News Corporation reported a 9% revenue increase to $2.185 billion in Q3 FY2026, driven by growth across its media and real estate segments, but net income attributable to stockholders declined 14% amid rising costs and restructuring.

Motio Ltd has marked a turning point with its first net profit, record sales activity, and a 13% increase in forward revenue, signaling a shift to scalable growth.

News Corporation posted a solid third quarter with revenues climbing 9% to $2.19 billion and net income from continuing operations up 13% to $121 million, driven by robust performances in Digital Real Estate Services, Dow Jones, and Book Publishing.

ARN Media reported a 10% revenue decline in FY25 but accelerated digital growth and cost savings, while defending ongoing legal disputes with former talent.

Pacific Equity Partners has tabled a non-binding offer to acquire oOh!media for A$1.40 per share via a scheme of arrangement, triggering a strategic review by the board amid regulatory hurdles and due diligence conditions.

Vinyl Group lifted its Q3 cash receipts by 24% to $4 million despite seasonal softness and completed the $10.5 million acquisition of Val Morgan Digital, expanding its digital audience to rival major Australian media players. The company now targets an EBITDA positive run-rate in the first half of FY27 amid leadership changes and strategic realignment.

Vinyl Group has completed its $10.5 million acquisition of Val Morgan Digital, boosting its digital media revenue by 73% and audience reach to rival Australia's largest media players. The deal also brings HOYTS CEO Damian Keogh onto Vinyl’s board, signalling a strategic pivot towards integrated media offerings.

ARN Media is confronting a substantial legal claim from former contractor Jacqueline Henderson, who alleges adverse action and bullying following her contract termination. The case also challenges previous ASX disclosures, with compensation sought exceeding $82 million.

Vinyl Group has locked in a $10 million unsecured loan from its Non-Executive Chairman to fund the acquisition of Val Morgan Digital and support working capital needs.

News Corporation has updated its dividend details, confirming an ordinary unfranked dividend of USD 0.10 per share for the six months ending December 2025, payable in April 2026.