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.

Ausbiz is Australia's leading provider of live and on-demand video for the latest news in Australian business, markets, economy and startups. Sign up at ausbiz.com.au - it's free.

<a href="https://www.nineforbrands.com.au/">Nine Entertainment</a> 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 <a href="https://investor.fb.com/home/default.aspx">Meta</a> and <a href="http://abc.xyz/">Google</a> for a share of the advertising market it once dominated. Last week, the company announced a slump in profits to $216.4 million. CEO <a href="https://www.linkedin.com/in/mikesneesby/">Mike Sneesby</a> spoke to <a href="https://www.linkedin.com/in/andrew-geoghegan/">Andrew Geoghegan</a> from <a href="https://ausbiz.com.au/">Ausbiz</a> about the result, cutting costs, and the outlook for TV audiences. Ausbiz is Australia's leading provider of live and on-demand video for the latest news in Australian business, markets, economy and startups. Sign up at <a href="https://www.google.com/url?q=http://ausbiz.com.au/&amp;sa=D&amp;source=calendar&amp;ust=1725625754196097&amp;usg=AOvVaw0tBAC0ZDHJpXqzhUFMVAoS">ausbiz.com.au</a> - it's free.

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: Nine CEO Mike Sneesby on cutting costs and battling Meta

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/6b78a980-6338-48c7-ac9e-b1de00cdc50d/transcript

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