Latest Media News

Seven West Media’s H1 FY26 results align with guidance, showing resilience in a declining TV advertising market and strong digital growth.

News Corporation reported a 4% revenue increase to US$4.506 billion for the half-year ended December 2025, while net income declined 9% to US$305 million. The company declared an interim dividend and continued its stock repurchase program amid mixed segment performances and ongoing legal challenges.

News Corporation reported a 6% rise in Q2 FY2026 revenues to $2.36 billion, driven by strong performances in Dow Jones, Digital Real Estate Services, and Book Publishing. Despite a 21% fall in net income due to prior year one-offs, the company is optimistic about AI partnerships and accelerating share buybacks.

Aspermont Limited reported a $1.49 million net cash outflow in Q1 FY26 but maintains its forecast to become cash generative by Q3, supported by strong trading performance and strategic progress.

Nine Entertainment Co. is reshaping its media portfolio with the acquisition of QMS Media, the sale of its radio assets, and a regional TV affiliate deal, aiming to boost digital revenue to over 60% by FY27.

Southern Cross Media Group has completed its acquisition of Seven West Media, issuing shares to Seven shareholders and announcing significant leadership and board changes.

Southern Cross Media Group has completed its acquisition of Seven West Media, issuing new shares and announcing key leadership and board changes that reshape Australia's media landscape.

Seven West Media Limited shares have been suspended from the ASX following court approval of its acquisition by Southern Cross Media Group, marking a significant shift in Australian media ownership.

Southern Cross Media Group has secured legal approval to acquire Seven West Media, marking a significant consolidation in Australia's media landscape. Seven West Media shares will be suspended as the scheme moves to implementation.

The Supreme Court of New South Wales has approved the acquisition of Seven West Media by Southern Cross Media, marking a major consolidation in Australian media. SWM shares will be suspended from trading as shareholders prepare to receive Southern Cross shares in early January.

The Supreme Court of New South Wales has approved Southern Cross Media's acquisition of Seven West Media, setting the stage for a significant media industry consolidation early next year.

Seven West Media shareholders have overwhelmingly approved the proposed acquisition by Southern Cross Media Group, clearing a major hurdle ahead of final court approval.