Yesterday Nine Entertainment announced its half-year results, with a jump in its subscription businesses and an increase in revenue, but a sharp drop in profit in part due to the withdrawal of Meta's payments for local news.


But much of the focus is away from Nine's core media business, and instead on the $2.7 billion offer for Domain, which is 60% owned by Nine.


Tim Burrowes, co-owner and publisher of Mumbrella, talks to Sean Aylmer about what happens to Nine if it sells Domain, and the presence of green shoots in the advertising market.

Yesterday Nine Entertainment announced its half-year results, with a jump in its subscription businesses and an increase in revenue, but a sharp drop in profit in part due to the withdrawal of Meta's payments for local news. But much of the focus is away from Nine's core media business, and instead on the $2.7 billion offer for Domain, which is 60% owned by Nine. Tim Burrowes, co-owner and publisher of Mumbrella, talks to Sean Aylmer about what happens to Nine if it sells Domain, and the presence of green shoots in the advertising market.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Interview: Domain sale could give Nine a "$1 billion war chest"

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6a7294e5-a31f-4100-a7e0-b28f00cf0410/transcript

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