Nine Entertainment is a fascinating company. It owns some of Australia's most recognisable media outlets, from free-to-air TV to newspapers and radio stations. But it's also battling digital giants like Meta and Google for a share of the advertising market it once dominated.

Last week, the company announced a slump in profits to $216.4 million. CEO Mike Sneesby spoke to Andrew Geoghegan from Ausbiz about the result, cutting costs, and the outlook for TV audiences.

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