Nine flags significant growth in 9Now and extends Stan’s investment in live streaming
Nine will focus on “digital growth” being key to the media giant’s longer-term strategy to use content to deliver revenue streams from both consumer subscriptions and advertising, across all platforms, after digital earnings “grew strongly” up by 43% and now accounting for more than half of Group’s EBITDA.
Speaking at the company’s AGM on Thursday, Nine chairman Peter Costello said:” Across the year, Nine remained focused on its long-term objectives of growing the Nine business, and reweighting it towards its digital future.