Latest Digital Media News

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.

SportsHero Limited has reported its highest quarterly cash receipts since listing, driven by a milestone payment from its Philippines launch and rapid subscriber growth for its HeroPlay platform in Indonesia.

The ACCC has decided not to oppose Southern Cross Media’s proposed acquisition of Seven West Media, finding limited competition concerns amid evolving digital media landscapes.

The ACCC has decided not to oppose Southern Cross Media’s proposed acquisition of Seven West Media, citing limited competition concerns amid evolving digital media landscapes.

Nine Entertainment reports continued digital subscription growth and cost efficiencies that help offset a softer advertising market in Q1 FY26, setting the stage for EBITDA gains.

An independent expert report from Kroll Australia affirms the proposed merger between Southern Cross Media Group and Seven West Media is fair and in the best interests of Southern Cross shareholders, setting the stage for a major consolidation in Australian media.

Tinybeans Group Ltd has announced its strategic acquisition of US-based family journaling platform Qeepsake, nearly doubling its paid subscriber base and accelerating its path to profitability through product integration and expanded revenue streams.

Tinybeans Group has acquired US-based Qeepsake, adding 49,000 paid subscribers and boosting pro-forma revenue by 85%, accelerating its path to profitability.

SportsHero Limited has inked a pivotal two-year distribution agreement with PLDT Inc in the Philippines, raised $1.65 million through a private placement, and broadened its mobile gaming footprint across Southeast Asia with new content partnerships.

Woolworths Group reported a 2.7% increase in first quarter sales to $18.5 billion, driven by robust growth in eCommerce and improved customer satisfaction metrics. The retailer remains cautiously optimistic as it prepares for the key festive trading period.

SportsHero Limited has significantly expanded its mobile gaming portfolio by securing rights to distribute over 600 hyper casual HTML5 games across Southeast Asia, positioning itself strongly in a booming market.

Seven West Media and Southern Cross Media have announced a proposed all-scrip merger to create a leading integrated media company spanning TV, audio, digital, and publishing platforms across Australia.