Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
  • Nine Entertainment Co. Holdings Limited

    Broadcasting and program production across Free to Air television, Broadcast video on demand and metropolitan radio networks in Australia; Publishing across digital platforms and newspapers; Real estate media and technology services; and Subscription video on demand.

    NEC$1.405
     -0.005 -0.35%

    Data last updated:May 31, 2024 – 4.40pm. Data is 20 mins delayed.

    Previous Close

    1.410

    Open

    1.430

    Day Range

    1.395 - 1.445

    52 Week Range

    1.395 - 2.215

    Volume

    10,934,080

    Value

    15,273,412

    Bid

    1.405

    Ask

    1.415

    Dividend Yield

    6.29%

    P/E Ratio

    23.83

    Market Cap

    2.250B

    Total Issue

    1,601,327,259

    ASX Announcements

    Update - Notification of buy-back - NEC

    Daily Share Buy-Back Notice

    • Jun 3, 2024
    • 6 pages

    Ceasing to be a substantial holder

    Ceasing to be a substantial holder

    • May 31, 2024
    • 2 pages

    Update - Notification of buy-back - NEC

    Daily Share Buy-Back Notice

    • May 31, 2024
    • 6 pages

    Change in substantial holding from PPT

    Change in substantial holding

    • May 30, 2024
    • 39 pages

    Update - Notification of buy-back - NEC

    Daily Share Buy-Back Notice

    • May 30, 2024
    • 6 pages

    View all NEC announcements

    Yesterday

    Maurice Blackburn’s Josh Bornstein. The firm is acting for the woman who made a formal complaint against Nine’s former news chief, Darren Wick.

    Maurice Blackburn eyes tsunami of TV news lawsuits amid Nine strife

    The law firm has put out a call for people in the commercial TV industry to share their stories of sexual harassment and unlawful discrimination.

    • Sam Buckingham-Jones

    May

    Nine chief executive Mike Sneesby.

    Nine Entertainment executives begin review that could backfire on them

    An external review of Nine Entertainment’s TV business and an anonymous tip-line have the potential to reshape power atop Australia’s largest media company.

    • Sam Buckingham-Jones
    Nine’s chairman Peter Costello and CEO Mike Sneesby.

    Nine Entertainment backs CEO, says TV newsroom needs culture rebuild

    After a three-hour board meeting, Peter Costello co-signed a note to staff announcing a set of initiatives to improve the media giant’s workplace culture.

    • Sam Buckingham-Jones
    Nine chief executive Mike Sneesby and former Stan publicity chief Adrian Foo. The two men are good friends.

    Stan’s publicity chief took six-figure payout on exit

    Adrian Foo left the Nine Entertainment-owned streaming service last year amid an investigation into allegations of inappropriate workplace conduct.

    • Sam Buckingham-Jones
    Adrian Foo and Mike Sneesby have been friends for many years.

    Stan executive left Nine’s streaming business after workplace claims

    The departure followed complaints from multiple staff, and was months before another executive left the media group amid separate sexual harassment allegations.

    • Sam Buckingham-Jones
    Advertisement
    Nine Entertainment chief executive Mike Sneesby returned from leave early.

    Nine to investigate television newsroom culture after Wick exit

    The media group’s leadership team held a crisis meeting last week to discuss the situation, and the company’s board is also expected to meet this week.

    • Sam Buckingham-Jones
    Kerry Stokes’ Seven West Media has demanded a 100 per cent price increase to continue printing The Australian Financial Review in Perth.

    AFR will not walk away from WA

    Political and business leaders in Western Australia say privately that Kerry Stokes has an unhealthy degree of media power in the state.

    • Updated
    • Michael Stutchbury
    Melissa and Steve Rosich.

    Racing heavyweight lists $5.3m penthouse with three terraces

    Steve Rosich, who resigned as CEO of the Victorian Racing Club, is selling his Toorak penthouse, while former David Jones CEO Mark McInnes has completed his mansion upgrade nearby.

    • Bonnie Campbell
    There are similarities in the hitting style of Glenn Maxwell and former Red Sox player Dustin Pedroia.

    New laws risk the end of free sports on TV

    The government has one chance of modernising how broadcast rights are organised. Otherwise, iconic sporting events will be harder to find.

    • Greg Hywood
    A screenshot from ASTRA’s anti-prominence legislation ad that has been running on Foxtel.

    Showtime! Media CEOs’ last stand with Foxtel over future of TV

    Years of lobbying by free-to-air networks and Foxtel have come down to this week, when two crucial pieces of legislation are set to go before the Senate.

    • Sam Buckingham-Jones
    Sportsbet’s commercial deals with the NRL and AFL give the company first-look access to advertising deals.

    Sportsbet’s secret NRL gambling funnel

    The bookmaker used a shell company to shield involvement in a tipping competition, which skirted advertising regulations and promoted gambling offers.

    • Mark Di Stefano

    Labor goes to war with Meta in far-reaching inquiry

    Facebook boss Mark Zuckerberg and X owner Elon Musk could be called on to face federal parliament, as part of a new inquiry into social media algorithms.

    • Tom McIlroy
    Bitter rivalry: West Australian billionaires Andrew Forrest and Kerry Stokes.

    After losing a deal, Stokes’ newspaper pursued Forrest

    The West Australian published dozens of critical articles about Fortescue’s founder after he refused to buy trucks from a related company.

    • Updated
    • Aaron Patrick
    Seven West Media chairman Kerry Stokes.

    Stokes’ anti-AFR price rise could breach competition law: Samuel

    Billionaire Kerry Stokes has faced political criticism – and calls for an ACCC investigation – for forcing The Australian Financial Review print edition out of his home state of WA.

    • Sam Buckingham-Jones, Tom McIlroy and Tom Rabe

    April

    Outgoing and incoming Seven West Media CEOs, James Warburton and Jeff Howard.

    Up in the air: Seven’s new boss braces for impact

    Jeff Howard watched ex-Seven producer Taylor Auerbach give evidence on Friday while flying back from Adelaide, two weeks before he takes over Seven’s top job.

    • Sam Buckingham-Jones and Max Mason
    Advertisement

    March

    REA Group chief executive Owen Wilson.

    REA ditches deal ACCC warned could ‘significantly harm’ competition

    The real estate industry and smaller rivals had raised concerns that the acquisition of Dynamic Methods, a provider of transaction forms, would hurt the sector.

    • Sam Buckingham-Jones
    ACCC chairwoman Gina Cass-Gottlieb. The competition regulator is considering whether to recommend the government force Meta to the negotiating table.

    The ACCC is asking news outlets if they can live without Facebook

    The competition regulator, in letters to major media groups, has sought details about how they make money from and deal with Meta, the platform’s operator.

    • Sam Buckingham-Jones
    Nine news chief Darren Wick.

    Nine’s news chief steps down after month-long absence

    Darren Wick had led the broadcaster’s news division for 13 years. He told his staff on Friday that he would not retire but instead take a “very long break”.

    • Sam Buckingham-Jones
    ACM’s Antony Catalano.

    Antony Catalano wants to sell three of his biggest newspapers

    The former Domain boss has discussed selling The Newcastle Herald, Illawarra Mercury and Canberra Times back to Nine.

    • Sam Buckingham-Jones
    Facebook owner Mark Zuckerberg’s Meta recently announced it will not renegotiate new deals as part of the news media bargaining code this year.

    Play hardball and make Meta pay fair share for news

    Now Facebook’s owner has thrown the ball back into the government’s court and has to be “designated” in the interests of professional newsrooms and serious journalism.

    • The AFR View

    Copyright © 2024. Company information displayed on The Australian Financial Review is sourced from Morningstar and ASX and is subject to their terms and conditions as set out in our Terms of Use. The Australian Financial Review does not accept any responsibility for the accuracy and/or completeness of such data or information.