Nine Entertainment reported its half-year results this morning. There are the items related to the impact of Paris Olympics on the company’s financial performance during the period.
Mumbrella:
The Paris Olympics coverage saved Nine from going deep into the red, with 9Now revenue up 28% in the second half of 2024 (to $120 million). Broadcast revenue was down 3% for the half (to $492.7 million), despite the availability of the Olympics for linear audiences.
From the company’s presentation:
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