Australia’s Nine Entertainment Reshuffles Exec Ranks, Sets $31 Million Cost-Cutting Target

Australian media giant Nine Entertainment Co. is undergoing a major organizational overhaul, announcing a streamlined operating model and fresh executive appointments as it targets AUD50 million ($31 million) in cost reductions for fiscal year 2025. The company will consolidate its operations into three core divisions: streaming and broadcast, publishing, and marketplaces. In a key move, […]

Jan 15, 2025 - 09:50
 4216
Australia’s Nine Entertainment Reshuffles Exec Ranks, Sets $31 Million Cost-Cutting Target
Australian media giant Nine Entertainment Co. is undergoing a major organizational overhaul, announcing a streamlined operating model and fresh executive appointments as it targets AUD50 million ($31 million) in cost reductions for fiscal year 2025. The company will consolidate its operations into three core divisions: streaming and broadcast, publishing, and marketplaces. In a key move, […]