Nine Entertainment Co. has released its financial results for 2022 with the media conglomerate revealing record results for FY22.
Key takeaways from the report include:
• Market leading revenue share in BVOD and linear (notwithstanding two Olympics and an Ashes series broadcast on competing networks) fortified Total Television EBITDA growth of 19%
• 33% growth of full-year dividend to 7.0 cents per share
• 81% growth in profit increase on the previous year
• Total Television business leading the calendar year in broadcast ratings
• 22% revenue growth at streaming platform Stan and growth of active Stan subscribers
• Biggest ever audience reach of talk stations, with more than 2 million weekly listeners
• Content and programming strategy continuing to deliver audience strength across key platforms
Nine Entertainment Co. leads broadcast ratings
Nine’s…