Latest Media And Entertainment News

Vinyl Group Ltd has reported a landmark quarter with record cash receipts up 80% quarter-on-quarter and its first operating cash flow positive result, signalling a turning point for the music and culture company.

Vinyl Group Ltd reported a 37% jump in quarterly revenue alongside significant cost reductions, setting the stage for an EBITDA-positive quarter in Q2 FY26. The company also advanced a key equity conversion deal with Songtradr, signaling strategic balance sheet strengthening.

Vinyl Group Ltd reported a striking 190% revenue increase for FY2025 but remains deep in the red with a $15.8 million loss. The company’s recent acquisitions and ongoing audit spotlight a pivotal moment for its future.

Gumtree Australia Markets and NZME have signed an MOU to explore launching a new digital automotive marketplace in New Zealand, aiming to challenge the current market leader and tap into a $125 million annual revenue opportunity.

NZME Limited has seen a sudden withdrawal of two director nominations by Osmium Partners, reshaping the upcoming board election ahead of the June Annual Shareholders’ Meeting.