Latest Media Sector Earnings News

Southern Cross Media Group trims FY26 revenue and EBITDA forecasts amid tougher TV advertising conditions, initiating a major cost reduction program targeting up to 300 job cuts and $150 million in annual savings.

News Corporation has updated its dividend details, confirming an ordinary unfranked dividend of USD 0.10 per share for the six months ending December 2025, payable in April 2026.

NZME Limited has reported a significant turnaround in 2025, posting a statutory net profit after tax of NZD 13.1 million and a 15% increase in operating EBITDA, underpinned by strong digital revenue growth across its divisions.

oOh!media reports a 7% revenue increase in Q3 2025, slightly ahead of prior guidance, but flags challenges from a key New Zealand contract loss and softer advertising demand in October.

Nine Entertainment reported a solid FY25 with $2.7 billion revenue and $133 million net profit, driven by streaming and digital subscriptions, while crystallising value through a $1.4 billion Domain stake sale.