Original article by Max Mason
The Australian Financial Review – Page: 29 : 26-Aug-16

Nine Entertainment Company has posted a 2015-16 profit of $A324.8m. This compares with a loss of $A592.2m in 2014-15, although the prior result had been marred by write-downs totalling $A732.2 million. The media group’s 2015-16 underlying profit was down 7.1 per cent at $A120.3m and revenue fell by 6.5 per cent to $A1.3bn. CEO Hugh Marks says an increase in premium local content will be a priority for the Nine Network in 2017, after a disappointing ratings performance in 2016. Shareholders will receive a final dividend of $A0.04 per share.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED, NIKKO ASSET MANAGEMENT GROUP, WARNER BROS, FACEBOOK INCORPORATED, YOUTUBE INCORPORATED, PROCTER AND GAMBLE COMPANY, SEVEN NETWORK LIMITED, CRICKET AUSTRALIA, NINE LIVE PTY LTD