Latest Media And Entertainment News

Vinyl Group Ltd has reported a striking 190% revenue increase in FY25, driven by strategic acquisitions and organic growth, and is targeting its first profitable quarter by December 2025 with AI-powered publishing expansion.

Sports Entertainment Group Limited (SEG) reports a robust start to FY26 with a 63% jump in underlying EBITDA and advances its strategic exit from Perth Wildcats.

NZME Limited has upgraded its FY25 Operating EBITDA guidance, signaling stronger-than-expected financial performance despite economic headwinds. The company now expects earnings between $59 million and $62 million, up from its earlier forecast.

Vinyl Group Ltd reported a 37% jump in quarterly revenue alongside significant cost reductions, setting the stage for an EBITDA-positive quarter in Q2 FY26. The company also advanced a key equity conversion deal with Songtradr, signaling strategic balance sheet strengthening.

Vinyl Group’s subsidiary Funkified Entertainment is on track to meet its 2025 earn-out target, driven by major new contracts that reinforce the company’s vertical acquisition approach.

Vinyl Group Ltd reported a striking 190% revenue increase for FY2025 but remains deep in the red with a $15.8 million loss. The company’s recent acquisitions and ongoing audit spotlight a pivotal moment for its future.

NZME Limited reported a 3.1% revenue decline for H1 2025 but delivered a 12% rise in operating EBITDA, driven by digital growth and cost efficiencies. The company declared a 3 cent interim dividend amid ongoing economic challenges.

Vinyl Group unveils its FY26 vision, shifting focus from growth to scalable profitability by leveraging AI-driven technology to connect millions of music creators, fans, and brands.

Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.

Vinyl Group Ltd has secured a Federal Court order to rectify delayed cleansing notices for multiple share issues, ensuring their shares remain freely tradable. The court’s decision also shields involved parties from civil liability related to the disclosure lapse.

Gumtree Australia Markets and NZME have signed an MOU to explore launching a new digital automotive marketplace in New Zealand, aiming to challenge the current market leader and tap into a $125 million annual revenue opportunity.

NZME Limited has received eight director nominations from major shareholders ahead of its June 2025 Annual Shareholders’ Meeting, prompting the Board to propose an alternative composition focused on digital transformation and governance stability.