February 26, 2015 7:40 PM ET

Media

Company Overview of Nine Entertainment Co. Pty Ltd

Company Overview

Nine Entertainment Co. Pty Ltd, a media and entertainment company, provides media information and entertainment. It operates commercial television networks that broadcast news and current affairs, and sporting events; comedy, entertainment, and lifestyle programs; and its own produced programs. The company also operates a television news channel that delivers content across various digital media platforms, including 3G mobile, podcasts, interactive television, SMS, and online in homes and locations across Australia and New Zealand; an indoor facility that hosts touring concerts, family shows, sports, and conferences; a self-service ticketing platform that allows event organizers to increase ...

2nd Floor

54 Park Street

Sydney, NSW 2000

Australia

Founded in 2006

Phone:

61 2 9282 8000

Fax:

61 2 9282 8828

Key Executives for Nine Entertainment Co. Pty Ltd

Chief Executive Officer, Director and Chief Executive Officer of Nine Network Australia
Chief Operating Officer and Finance Director
Age: 50
Managing Director of Nine Entertainment Co. Events
General Counsel
Integrated Sales Director
Compensation as of Fiscal Year 2014.

Nine Entertainment Co. Pty Ltd Key Developments

News Corp Reportedly Seeks To Acquire Sky News

News Corporation has launched a bid to buy Australian News Channel Pty Ltd (Sky News). It is understood a letter of offer valuing Sky News at about $25 million was sent on February 24, 2015, to its three joint shareholders are Nine Entertainment Co. Pty Ltd, Seven Media Group Pty Limited and Sky plc (LSE:SKY). The letter invites discussion about a potential buyout, rather than putting forward a take-it-or-leave-it offer, suggesting the final negotiated price may be higher than the initial offer.

Nine Entertainment to Form Joint Venture with Fairfax Media

Nine Entertainment Co. has agreed to form a joint venture with Fairfax Media Limited to launch an Australian Subscription Video-On-Demand (SVOD) service (StreamCo). Both the companies are based in Australia. StreamCo will offer local and international programming to subscribers for a fixed monthly subscription fee and no minimum term commitment. It will provide on-demand viewing through a range of devices including television screens, tablets, PCs and mobile devices. StreamCo will be owned 50:50 by Nine and Fairfax. Both the partners have agreed to commit up to AUD 50 million ($46.52 million) each to the venture over a multi-year period, which includes expenditure on marketing and advertising.

Daily Mail to Launch Australian Website Edition Next Year in Joint Venture with Nine Entertainment

Daily Mail announced that it will launch an Australian edition of its website next year in a joint venture with Nine Entertainment.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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