Business
Nine half-year profit up 79% to $181.9m – Sydney Morning Herald
Nine Entertainment Co will pay a 5c fully franked half year dividend to shareholders after positing strong earnings growth for the fiscal half.
Ive had a great five years at Nine, and am confident that I am handing over the reins at the perfect time of a business which is clearly firing.
The media company owns The Sydney Morning Herald and The Age as well as television network Channel Nine, radio stations such as 2GB and 3AW and streaming service Stan. Nine also has a majority stake in real-estate listings website Domain.
Nines half year results are the last for Mr Marks, who resigned in December after revealing he was in a relationship…
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