Original article by Sam Buckingham-Jones
The Australian Financial Review – Page: 13 & 17 : 6-Aug-25

Jarden analyst Tom Beadle recently said that the value contained within Nine Entertainment’s publishing business could potentially be the most underappreciated part of the media group. The investment bank has valued Nine’s publishing assets at $885m, ahead of streaming video platform Stan ($655m) and the broadcast division ($601m); Jarden estimates that Nine’s radio stations are worth about $25m. Looking forward, Nine’s publishing assets are forecast to generate EBITDA of $156m by 2028; this compares with expectations of $153m for the group’s television network, which is facing higher costs.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, STAN ENTERTAINMENT PTY LTD, NINE NETWORK AUSTRALIA LIMITED, NINE RADIO PTY LTD, JARDEN AND COMPANY