Original article by Mitchell Bingemann
The Australian – Page: 21 : 24-Feb-17

Nine Entertainment Company has posted a 2016-17 interim loss of $A236.9m, after writing down the value of its TV assets by $A260m. Underlying net profit fell by four per cent to $A75m, and group revenue was five per cent lower at $A659.2m. The TV division’s revenue was also down five per cent, at $A578.2m. Nine CEO Hugh Marks is upbeat about the outlook for the second half, noting a rise in its TV ratings and indications of an improvement in the advertising market.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED, SEVEN NETWORK LIMITED, WARNER BROS