Latest Media Sector News

News Corporation has updated its dividend details for the six months ending June 2025, confirming an ordinary unfranked dividend of USD 0.10 per Class A non-voting common stock CDI, payable in both US and Australian dollars.

News Corporation has priced a significant secondary offering of over 14 million Class B shares at $32.45 each, marking a notable move by key Murdoch family trusts. The company itself is not raising capital, with proceeds going solely to selling stockholders.

News Corporation’s Murdoch Family Trust is selling 14.2 million Class B shares in a significant secondary offering, marking a pivotal step in a broader ownership restructuring that reshapes voting control and family interests.

News Corporation has announced a significant secondary offering of over 14 million Class B shares by key family trusts, signaling a notable insider sell-down without direct proceeds to the company.

Sports Entertainment Group Limited has finalized its $3.25 million acquisition of RSN's brand and broadcasting assets, signaling a strategic move in Australia's media landscape.

Sports Entertainment Group Limited has reported a strong FY25 with a $22.9 million statutory profit and a 62% rise in underlying EBITDA, driven by organic growth and strategic divestments. The company also declared dividends and anticipates continued double-digit EBITDA growth in FY26.

Nine Entertainment Co. Holdings Limited has announced a fully franked dividend of AUD 0.53 per share, combining ordinary and special dividends payable in late September 2025.

Nine Entertainment Co. Holdings has announced a fully franked dividend of AUD 0.04 per share for the six months ending June 2025, signaling steady shareholder returns amid a competitive media landscape.

Nine Entertainment Co. Holdings Limited has announced a special fully franked dividend of AUD 0.49 per share, payable in late September 2025, signaling strong shareholder returns.

ARN Media reports a 7% revenue decline in H1 2025 amid a strategic transformation, with digital audio growth offsetting radio setbacks and key divestments underway.

EVT Limited has announced a fully franked ordinary dividend of AUD 0.22 per share for the financial year ending June 30, 2025, payable in late September. This move underscores the company’s steady commitment to shareholder returns amid a dynamic entertainment sector.

Southern Cross Media Group (SCA) reports a robust FY25 with digital audio growth driving a 34.4% EBITDA increase and a 37% reduction in net debt, while resuming dividends.