Latest Broadcasting News

Linius Technologies has implemented a sweeping operational restructure, cutting expenses by more than 60% compared to FY25, while progressing a pivotal proof of concept with a major European football league and securing over $3.7 million in new funding.

Equatorial Resources reports a postponed arbitration hearing over Congo iron ore disputes and seeks clarity on Guinea permit cancellations, while maintaining a solid cash reserve.

The ASX has granted key waivers allowing Southern Cross Media to proceed with its acquisition of Seven West Media without shareholder approval, smoothing the way for a major media consolidation.

Southern Cross Media Group reports a robust Q1 FY26 with audio revenues rising 4.7% and EBITDA more than doubling, while preparing for a pivotal merger review.

Ovanti Limited has secured $8 million through a strategic share placement to accelerate its US Buy Now, Pay Later expansion, highlighted by a new three-year NASCAR sponsorship deal.

Southern Cross Media Group and Seven West Media have agreed to merge, creating a dominant integrated TV, audio, and digital platform in Australia. The deal promises significant cost synergies and shareholder value accretion, pending regulatory and shareholder approvals.

GTN Limited has received a binding Class Ruling from the Australian Taxation Office confirming that its recent $0.23 per share capital return is not a dividend, clarifying tax implications for shareholders and the company.

Sports Entertainment Group Limited has finalized its $3.25 million acquisition of RSN's brand and broadcasting assets, signaling a strategic move in Australia's media landscape.

Airtasker Limited reported a 12.8% increase in revenue to $52.6 million for FY25, driven by growth in Australia, the UK, and the US. However, the company’s net loss widened significantly to $37.7 million, reflecting heavy investment in global marketing and media partnerships.

Sports Entertainment Group Limited has reported a strong FY25 with a $22.9 million statutory profit and a 62% rise in underlying EBITDA, driven by organic growth and strategic divestments. The company also declared dividends and anticipates continued double-digit EBITDA growth in FY26.

Sports Entertainment Group Limited reported a 2.2% revenue rise to $110.24 million for FY25, with underlying EBITDA surging 61.3% pre-AASB 16. Net profit more than doubled to $22.94 million, driven by margin gains and cost efficiencies. The staged sale of Perth Wildcats progresses, and a final dividend was declared.

Nine Entertainment Co. Holdings Limited has announced a fully franked dividend of AUD 0.53 per share, combining ordinary and special dividends payable in late September 2025.