Ooh Media sinks as QMS aftershocks continue

Tim Burrowes

February 5, 2026 5:13

The Ooh Media share price slumped to its lowest point in a year as the reverberations of Nine’s purchase of QMS continued to rattle through the market.

Ooh Media lost 4% today. The outdoor company now has a market capitalisation of $652m.

Last week Nine announced that it had agreed to buy QMS, removing it as a potential buyer of Ooh Media.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.