Nine (NBN)

It’s been advertised since mid Jan, covers WIN, NBN and Nine Darwin

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There might be a flip of the agreement that means NBN might need to keep running Extra for a while if Nine’s sold it as having a certain amount of reach.

Given the regional operations would be a massive increase in scale for Ten, I’m sure they are happy with the current arrangements of keeping the existing playout for the regional channels - even if it means oddities like SBN or Gold.

WIN amusingly probably helped set the value for NBN’s sale by how much they sold NRN for - helps make the cost writedown argument for Nine…

Do we know anything about when and how the sale vote to sell NBN3 will be executed?

Mail out vote I assume

Its unclear at the moment, it doesnt appear Nine have released any indication yet.

I would imagine it would require some kind of shareholder meeting (maybe they’ll try and piggy back it on a future meeting)