Latest Media Entertainment News

Sports Entertainment Group Limited has announced a significant on-market share buy-back program, aiming to repurchase up to 10% of its shares over the next year starting March 2026. The move reflects the board's confidence in the company's underlying value amid current market pricing.

Vinyl Group Limited has responded to ASX concerns after confidential details of its Val Morgan Digital acquisition leaked prematurely to the media, prompting a review of its disclosure controls.

Vinyl Group Ltd has reported a robust 49% increase in revenue for the first half of FY26, alongside a significant reduction in net loss, driven by strategic acquisitions and AI integration.

Sky Network Television posts a robust first half FY26 with 8% revenue growth and a 77% rise in underlying net profit, driven by the strategic acquisition and integration of Discovery NZ, now Sky Free.

Nine Entertainment reports a 6% increase in Group EBITDA to $201 million and a 30% jump in net profit, driven by strong streaming and digital subscription growth amid strategic portfolio shifts.

Sports Entertainment Group reports a robust first half FY26 with nearly doubling EBITDA and declares special dividends following asset sales.

Sports Entertainment Group has completed its staged divestment of the Perth Wildcats, selling its remaining 30.6% stake for $12 million and concluding a $39.5 million exit. The move marks a strategic shift as SEG eyes new capital management opportunities.

Vinyl Group Ltd has reported a striking 190% revenue increase in FY25, driven by strategic acquisitions and organic growth, and is targeting its first profitable quarter by December 2025 with AI-powered publishing expansion.

GTN Limited reported a modest 2% revenue decline and a sharper 26% drop in adjusted EBITDA for FY25, while maintaining strong cash flow and delivering solid shareholder returns.

ARN Media reports a challenging second half of FY 2025 with a 10% revenue decline and expects EBITDA to fall 25%-27%, while advancing a $40 million cost reduction program and repositioning as an entertainment business.

Motio Limited has raised $1.73 million through a placement to accelerate its digital display network expansion and repay debt early, aiming to reach profitability sooner.

Vinyl Group Ltd reports a striking 190% revenue surge in FY25 and a record Q1 FY26, setting sights on its first EBITDA-positive quarter by mid-2026.