Stanton puts his stamp on Nine with QMS move
Nine's Matt Stanton has delivered a twin deal: the sale of radio, and the purchase of QMS (Mumbrella)
After being appointed Nine Entertainment chief executive officer in March 2025, Matt Stanton has put his stamp on the business with the major transformation announced today.
Conjecture about Stanton revealing a sale of Nine Radio reached fever pitch on Thursday as a Nine board meeting was held in Melbourne, coinciding with board members visiting the city to also attend one of the key pillars of the TV business, the Australian Open.
But the board had more on its agenda than just the sale of the radio business. The members also greenlit the purchase of QMS Media from its private equity owner Quadrant.
The third part of what Nine has labelled a “strategic transformation” has been the sale of its northern NSW regional TV licence NBN Television to Bruce Gordon’s Win Television.