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 Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open in positive territory on Wednesday, as the Australian Dollar (A$) (AUDUSD) sits over 80 cents.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is almost flat, it’s currently 0.04% in the green.
