Latest Entertainment News

FOX has completed its acquisition of Roku, combining its news, sports and entertainment assets with one of the largest connected-TV platforms in the US. The US$14.1 billion cash component was supported by US$2 billion in term loans and an US$8.4 billion bridge facility.

Nine Entertainment has maintained its forecast for revenue and EBITDA growth in FY27, while lifting its expected annualised cost savings target to at least A$180 million. Outdoor, Stan and digital publishing are carrying more of the group’s earnings, although Total Television revenue remains under pressure and shareholder support for executive remuneration was less emphatic.

Live Nation delivered a record third quarter as revenue climbed 19% to US$10.1 billion and attendance surged worldwide. International markets supplied most of the growth in fans and ticketing, while the company raised its 2026 attendance expectations and accelerated venue investment.

TKO delivered a sharp third-quarter earnings lift, powered by UFC rights revenue and FIFA World Cup hospitality, and raised its full-year 2026 targets for the second time. The sports and entertainment group also plans to fund further share buybacks partly with additional debt.

Scentre Group has reaffirmed its 2026 earnings and distribution targets after reporting higher customer traffic, stronger business partner sales and record-level occupancy across its Westfield portfolio. The update also puts a number on the group’s exposure to David Jones and details fresh debt funding and asset recycling.

Scentre Group has reaffirmed its 2026 funds-from-operations and distribution targets after reporting stronger visitation, sales and leasing metrics across its Westfield portfolio. Exposure to David Jones remains material in floor space but limited in earnings terms, with rent paid through September.

Coast Entertainment has outlined a staged plan to build a four-star hotel and entertainment, dining and retail precinct beside Dreamworld, with preliminary modelling indicating a completion value of about $330 million. The proposal comes as the company returns to profit and reports stronger visitation, cash generation and asset valuations.

SportsHero says its rebuilt HeroPlay Gaming Universe is nearly ready for a November commercial launch after adding commerce, vouchers, payments and digital entertainment products. The expansion broadens the platform materially, but the next test is whether those capabilities translate into transaction revenue before cash burn becomes more pressing.

xReality Group expanded its Operator XR customer base, recurring revenue and sales pipeline in the first quarter, while securing its first US Marine Corps order after quarter end. But the company remains focused on completing its FY26 audit and reinstating trading, with $1.4 million in quarter-end cash against $4.55 million of secured debt.

Vicinity Centres has reaffirmed its FY27 earnings targets after a resilient first quarter, with occupancy steady at 99.6%, leasing spreads widening to 5.1% and portfolio sales rising 3.0%. The AGM also marked the retirement of chairman Trevor Gerber and director Tim Hammon.

Vicinity Centres has reaffirmed its FY27 earnings guidance after a resilient first quarter, with occupancy steady at 99.6%, leasing spreads widening to 5.1% and total portfolio sales rising 3.0%. The AGM also marked Trevor Gerber’s retirement as chairman and the formal leadership transition to Patrick Allaway.

betr Entertainment delivered a 19.1% lift in first-quarter turnover and reaffirmed its FY27 earnings target, but customer-favourable results pushed operating cash flow $6.8 million into the red. Early October trading points to a sharp margin recovery, putting the company's peak-season execution under scrutiny.