Adver readers are hopeful the roadmap out of lockdown will be a success, but many are still sceptical about the dates. On Monday, Boris Johnson announced his route out of the latest Covid lockdown including when children could return to schools and when shops could reopen. The last date in the diary is June 21 when the prime minister hopes to finally remove all social distancing restrictions and even reopen nightclubs as well as large sporting events. Non-essential retail as well as personal care businesses such as hairdressers could reopen as soon as April 12 with the rule of six coming into force at indoor gatherings on May 17.
Hugh Marks reflects on his final results as Nine CEO: ‘It’s time for a new energy’
After delivering his final results as Nine CEO yesterday, Hugh Marks tells Mumbrella s Brittney Rigby what he s proudest of, why Nine Radio made a mistake in not chasing down more direct bookings - “radio audiences are great, they’ve just got to sell it” - and how everything I set out to do is done .
February 25, 2021 8:11
The last time Hugh Marks spoke to investors was at an investor strategy event on 19 November, five days after his shock resignation was prompted by a relationship with a former executive.
Nine s net profit soars 79% as the business promises to return $2m of Jobkeeper mumbrella.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mumbrella.com.au Daily Mail and Mail on Sunday newspapers.
Nine has announced its financial results for the six months to December 31, 2020, with the entire media conglomerate posting profits of $182 million, up 79% from the prior corresponding period, on revenue of $1.2 billion (down 2%). The group EBITDA (earnings before interest, tax, depreciation and amortisation was $355 million, up 42%.
Its radio operation stood out from its other broadcast and digital operations, however, with revenue for the six-month period down 24% to $44.0 million from $57.6 million for the same period in 2019. EBITDA was down 62% from $7.6 million to $2.9 million.
Nine’s chief financial officer, Maria Phillips, said the results for its radio division were disappointing.
“The results from Nine Radio were disappointing, however they disguise some promising trends,” she told investors in a presentation this morning. “Nine has done a great job of refreshing talent with our core talk network growing cumulative audience in thousands in every market, and by a
Readers optimistic about Boris Johnson s roadmap out of lockdown thisiswiltshire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisiswiltshire.co.uk Daily Mail and Mail on Sunday newspapers.