Latest Media Sector News

The ASX has granted key waivers allowing Southern Cross Media to proceed with its acquisition of Seven West Media without shareholder approval, smoothing the way for a major media consolidation.

ARN Media announces a significant leadership change as CEO Ciaran Davis steps down after 16 years, with COO Michael Stephenson set to take the helm in January 2026.

Southern Cross Media Group and Seven West Media have agreed to merge in an all-scrip deal, creating a dominant integrated TV, audio, and digital platform across Australia. The merger aims to unlock significant cost synergies and expand audience reach across metropolitan and regional markets.

Seven West Media and Southern Cross Media have agreed to merge, creating a dominant integrated media company with extensive reach across TV, audio, and digital platforms in Australia. The merger promises significant cost synergies and enhanced shareholder value, pending regulatory and shareholder approvals.

Sports Entertainment Group Limited has finalized its $3.25 million acquisition of RSN's brand and broadcasting assets, signaling a strategic move in Australia's media landscape.

Sports Entertainment Group Limited has reported a strong FY25 with a $22.9 million statutory profit and a 62% rise in underlying EBITDA, driven by organic growth and strategic divestments. The company also declared dividends and anticipates continued double-digit EBITDA growth in FY26.

Nine Entertainment Co. Holdings Limited has announced a fully franked dividend of AUD 0.53 per share, combining ordinary and special dividends payable in late September 2025.

Nine Entertainment Co. Holdings has announced a fully franked dividend of AUD 0.04 per share for the six months ending June 2025, signaling steady shareholder returns amid a competitive media landscape.

Nine Entertainment Co. Holdings Limited has announced a special fully franked dividend of AUD 0.49 per share, payable in late September 2025, signaling strong shareholder returns.

EVT Limited has announced a fully franked ordinary dividend of AUD 0.22 per share for the financial year ending June 30, 2025, payable in late September. This move underscores the company’s steady commitment to shareholder returns amid a dynamic entertainment sector.

Hansen Technologies reported robust FY25 results, driven by strong growth in its Energy & Utilities and Communications & Media sectors, highlighted by a major $50 million contract with VMO2. The company’s disciplined cost management and strategic investments in AI and acquisitions underpin its optimistic outlook for FY26.

oOh!media Limited reported a robust first half in 2025 with 17% revenue growth and a 27% rise in underlying EBITDA, driven by key contract wins and operational efficiencies. Despite a $30 million impairment in New Zealand, the company declared a fully franked interim dividend and outlined a positive outlook with a CEO transition on the horizon.