Tag: Nine Entertainment

Nine Entertainment in Australia has confirmed Matthew Stanton as its new CEO and managing director, effective immediately.

Australia's Nine Entertainment has announced an “operating model reset,” unveiling a new structure with Amanda Laing joining the company to oversee its streaming and broadcast businesses.

The International Olympic Committee (IOC) has awarded Nine Entertainment the exclusive free and subscription audiovisual rights and non-exclusive audio rights to every Olympic Games from 2024 to 2032.

Stan Entertainment CEO Mike Sneesby has been tapped to succeed Hugh Marks at the helm of Nine Entertainment, effective April 1.

Hugh Marks is stepping down as CEO of Nine Entertainment in 2021.

Speaking at the APOS 2020 Virtual Series, Nine Entertainment CEO Hugh Marks discussed the gains the company has seen in its BVOD and SVOD businesses and weighed in on how COVID-19 has significantly impacted the sports rights market.

Nine Entertainment has identified an additional A$15 million ($11 million) in cost savings as its merger with Fairfax Media has now been implemented.

The Federal Court of Australia has approved the merger of Nine Entertainment and Fairfax Media.

Fairfax Media's shareholders have given their approval to Nine Entertainment's takeover offer.

Nine Entertainment and Fairfax Media have agreed to a merger, creating "Australia’s largest integrated media player," in a deal valued at around A$4 billion ($3 billion).