Latest Entertainment Sector News

Motio Ltd (ASX:MXO) reported a solid FY26 with revenue rising to $9.2 million, a 31% jump in cash EBITDA to $2.5 million, and a net profit before tax of $1.7 million. The company enters FY27 debt free and with forward revenue up 28%, signalling operational leverage and growth potential.

Coast Entertainment updates valuations for its Dreamworld and SkyPoint assets, revealing a $52 million immediate uplift for Dreamworld following expanded land use approvals and a $14.7 million increase for SkyPoint.

ION Video has appointed former Apple executive Kelli Richards as its inaugural Advisory Board member, aiming to leverage her Silicon Valley connections and media tech expertise to accelerate commercialisation.

Gratifii Limited has reported its highest quarterly cash receipts to date, alongside progressing key acquisitions and completing a major client platform migration.

Entertainment Rewards Ltd (ASX, EAT) shares will halt trading following compulsory acquisition notices issued by Suzerain Investment Holdings Ltd, signaling a significant ownership shift.

SportsHero has officially launched its HeroPlay mobile gaming platform in Indonesia through a partnership with Indosat Ooredoo Hutchison, offering over 600 instantly playable HTML5 games to nearly 99 million potential users.

NZME Limited has upgraded its FY25 Operating EBITDA guidance, signaling stronger-than-expected financial performance despite economic headwinds. The company now expects earnings between $59 million and $62 million, up from its earlier forecast.

Franklin Templeton Australia has launched the Franklin Australian Absolute Return Bond Fund – Class A, an actively managed fixed income fund now available on the ASX. The fund aims to deliver returns exceeding the Bloomberg AusBond Bank Bill Index with a medium risk profile and transparent fee structure.

Vinyl Group’s subsidiary Funkified Entertainment is on track to meet its 2025 earn-out target, driven by major new contracts that reinforce the company’s vertical acquisition approach.

The Star Entertainment Group has finalized a crucial covenant waiver with its syndicated lenders, easing financial pressures ahead of its FY2025 audited report. This development clarifies ongoing negotiations and sets the stage for the company’s next financial chapter.

Tabcorp Holdings has finalized its Dividend Reinvestment Plan price at AUD 1.02 per share alongside an unfranked dividend of 1 cent per share for the first half of FY2025, payable mid-September.

Coast Entertainment Holdings faces a potential regulatory intervention as Queensland's Deputy Premier signals intent to take over assessment of its Dreamworld land development application, citing state economic and environmental interests.