In this report, we briefly analyse the reported 1HFY20 earnings for Nine and highlight some of the key trends across both businesses.

Contents

Key Takeaways

Nine1HFY20 update

• Free-to-Air
• Digital Video
• Publishing
• Domain
• Guidance
• Our Take

List of charts/tables

Figure 1.  Nine Group 1HFY20 performance (A$mn)

Figure 2.  Nine’s FTA highlights

Figure 3.  TV advertising market by sub-segment (A$m)

Figure 4.  Stan paid subscriber base (in millions)

Figure 5.  BVOD revenues for FTA operators in Australia (A$m)

Figure 6. Average daily minutes of consumption per individual, Newspapers and Magazines – Australia

Figure 7. Financial metrics – Domain Group

Figure 8. Key Drivers to FY20