Latest Media Sector News

oOh!media has reported a robust first half of 2025, with revenue climbing 17% and adjusted underlying profit soaring 46%, underscoring its leadership in the Out of Home media sector.

oOh!media Limited reported a robust 17% increase in revenue for the first half of 2025, driven by strong Australian market segments, but posted a statutory loss due to a significant impairment charge in New Zealand. The company also announced a restructuring and a new CEO appointment.

oOh!media has appointed James Taylor, current SBS Managing Director, as its new CEO, set to take the helm in early 2026. This leadership change signals a strategic push for growth in Australia's fast-evolving out-of-home media sector.

Seven West Media reported a solid second half earnings rebound driven by strong growth in its 7plus streaming platform, helping to counteract declines in traditional broadcast TV revenue. Despite a 4% revenue dip for FY25, the company’s digital pivot shows promising momentum.

Seven West Media reports a 4.5% revenue decline and a sharp 63.3% drop in net profit for FY2025, with no dividends declared.

The Takeovers Panel has introduced a phased lifting of voting restrictions on ARN Media’s 6.83% stake in Southern Cross Media, allowing incremental voting rights restoration starting July 2025 amid a contested board spill.

GTN Limited has revised down its FY25 revenue and adjusted EBITDA guidance, citing one-off corporate expenses and strategic investments, while maintaining strong cash flow and capital management plans.

NZME Limited has seen a sudden withdrawal of two director nominations by Osmium Partners, reshaping the upcoming board election ahead of the June Annual Shareholders’ Meeting.

ARN Media Limited’s 2025 AGM update highlights robust financial health, a strategic $40 million transformation program, and strong digital audio momentum despite a modest revenue dip year-to-date.

ARN Media reports resilient 2024 financials driven by digital growth and Cody Outdoor contracts, launching a major cost-cutting transformation to sharpen its competitive edge.

News Corporation has announced a USD 0.10 per share dividend for its Class A non-voting common stock, reflecting steady returns for investors amid a complex media landscape.

News Corporation has announced a USD 0.10 per share dividend for its Class B Voting Common Stock, reflecting steady shareholder returns for the half-year ending December 2024.