News

Nine predicts 15% revenue growth in metro FTA advertising for December quarter

Zanda Wilson

November 12, 2020 10:53

Nine is predicting an earlier-than-expected turnaround in television advertising revenue for the second quarter of FY21. It comes after a difficult FY20 in which it posted a $575m loss.

Speaking at the company’s AGM on Thursday, CEO Hugh Marks said he now expects Nine’s metro free-to-air advertising revenue to grow around 15% in the December quarter.

Nine CEO Hugh Marks

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Zanda Wilson was a reporter and podcast producer at Mumbrella, specialising in radio reporting. He left Mumbrella in September 2021.

Topics

AGM Domain financial results Hugh Marks Nine Nine Network NRL Peter Costello

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