Latest Media And Entertainment Sector News

Coast Entertainment Holdings Limited reported a robust 30.2% increase in revenue to $62.165 million for the half year ended December 2025, alongside a modest 1.4% rise in net profit. The company also completed a significant 10% on-market share buy-back.

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.

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.

Vinyl Group Ltd reported a striking 190% revenue increase for FY2025 but remains deep in the red with a $15.8 million loss. The company’s recent acquisitions and ongoing audit spotlight a pivotal moment for its future.

Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.

NZME Limited has received eight director nominations from major shareholders ahead of its June 2025 Annual Shareholders’ Meeting, prompting the Board to propose an alternative composition focused on digital transformation and governance stability.

Bettr Entertainment Limited has launched a $130 million fully underwritten capital raising through a pro-rata entitlement offer and institutional placement, aiming to strengthen its financial position without materially affecting company control.