Nine Entertainment Co Holdings Ltd (ASX:NEC) is one of Australia’s most well-known media companies. With its merger with Fairfax Media in December 2018, it also became Australia’s largest locally owned media company. Some of its assets include the Nine Network, The Sydney Morning Herald, The Age, Australian Financial Review, CarAdvice and Stan.
The Nine Entertainment Co. Holdings Ltd (ASX: NEC) share price is racing higher after the company released a better than expected trading update today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.04% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.14% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.02% at lunch.
The Nine Entertainment Co Holdings Ltd (ASX:NEC) share price has risen on news of another media acquisition.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.66% on Friday.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.58% on Friday.
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Nine Entertainment Co. Holdings Ltd (ASX:NEC) has announced the sale of its Australian Commercial Media and Printing business this morning and a new agreement with the buyer.
