9 Leisure right this moment posted a first-half web revenue of $95 million, down 29%, amid powerful promoting situations.
It posted $1.4 billion in income within the six months to December 31, up 1% year-on-year. Group EBITDA fell 15% to $268 million.
However there was development in streaming and broadcast audiences throughout 9 and Stan.
9 flagged an extra $100 million in prices set to be carved out of the enterprise by way of to the top of the 2027 monetary yr, on prime of the corporate’s earlier steering of $50 million in 2025.
9 Chair Catherine West mentioned: “In a difficult market atmosphere, we’ve got continued to carry out properly operationally, whereas concurrently strengthening our strategic place and implementing our cultural reset. Pleasingly, the group has demonstrated a company-wide dedication to strengthening the enterprise and embracing the modifications that wanted to occur. The Board, bolstered by latest appointments bringing additional range of views and expertise amongst administrators, continues to see actual alternatives for 9 to thrive by harnessing the ability of the 9 Group.”
9 Appearing Chief Government Officer Matt Stanton mentioned: “We’ve labored collectively over the previous six months to construct a roadmap for strategic and cultural transformation. I’m pleased with the way in which our individuals have responded, with sturdy engagement and an awesome spirit of constructive optimism. I’m assured that the modifications we’ve got made and proceed to implement will guarantee 9 stays an integral participant on the forefront of media in Australia. From 9’s top-rating protection of the Olympics, our devoted and award-winning journalists throughout all platforms, addictive tv together with The Block and From, in addition to our market presence by way of Area and Drive, 9 continues to construct on its distinctive relationship with Australian audiences.”
He continued, “In Whole Tv, we recorded viewers development in each streaming (reside and VOD) and broadcast throughout key genres of content material – sport, information and present affairs in addition to leisure. Buoyed by the Olympics, 9 reported development in Whole Tv revenues, and whereas the second quarter promoting market proved softer than anticipated, calendar 2025 has began on a extra optimistic notice with development in each streaming and broadcast revenues in Whole Tv.
“9’s Olympics protection demonstrated the energy of the Group portfolio, as our platforms labored seamlessly collectively to make sure our world-class content material of one of many nice international sporting occasions reached all Australians, offering advertisers with alternatives and publicity that solely 9 can supply.”
“Stan’s sturdy begin to the half, pushed initially by subscriber engagement with the Olympics, consolidated by way of the interval with key licensed titles together with the return of Yellowstone (Paramount) in November, in addition to From (MGM), Arcadian (AMC) and Joan (All3 Media). Over summer time, Stan Originals continued to carry out properly, with the most recent seasons of Bump and Black Snow each attaining sturdy viewers numbers. Stan Originals proceed to draw important acclaim with a report 20 nominations on the 2025 AACTA Awards, together with successful Finest Documentary for Otto by Otto.
“The energy in Sport subscribers was underpinned by the Olympics and Paralympics, however equally consolidated by way of the half with the return of the UEFA Champions League, Grand Slam Tennis (Wimbledon and the US Open) and Rugby, together with The Rugby Championship.”
Supply: Capital Temporary
