Shorted
Nine Entertainment Co. Holdings logo

NEC

Nine Entertainment Co. Holdings

Media & Entertainment

Nine Entertainment Co. Holdings is a leading Australian media company with a diverse portfolio of assets across television, digital, and publishing. The company operates free-to-air television network Channel 9, subscription video on demand service Stan, and various digital and publishing assets. Nine's market position is strengthened by its strong brands and content, allowing it to capture a sign...

Media
Entertainment
Television
Digital

Shorted

short percentage2.47%
reported shorts39.2M
shares on issue1.586B

About

industry

Media & Entertainment

address

Level 9, 1 Denison Street, NORTH SYDNEY, NSW, AUSTRALIA, 2060

Key Metrics

market cap
$1.74B
p/e ratio15.67
eps$0.07
dividend yield755.00%

More Media & Entertainment Stocks

Other shorted stocks in this sector

Short Position Trends

Track bearish sentiment and short interest over time

Historical Price Data

View stock price movements, volume, and trading patterns

Industry & Focus

Media
Entertainment
Television
Digital
Publishing

Company Overview

AI-generated company summary

Nine Entertainment Co. Holdings is a leading Australian media company with a diverse portfolio of assets across television, digital, and publishing. The company operates free-to-air television network Channel 9, subscription video on demand service Stan, and various digital and publishing assets. Nine's market position is strengthened by its strong brands and content, allowing it to capture a significant share of the Australian media market.

Company History

Nine Entertainment Co. has a long history in Australian media, evolving from its origins as a television broadcaster. Over the years, it has expanded its operations through strategic acquisitions and investments in digital platforms. A major milestone was the merger with Fairfax Media in 2018, creating a diversified media company with a strong presence across multiple channels. This merger significantly broadened Nine's reach and capabilities in the Australian media landscape.

Competitive Advantages

Nine possesses several competitive advantages, including its strong brand recognition and established presence in the Australian media market. Its diversified portfolio of assets across television, digital, and publishing allows it to reach a broad audience and generate revenue from multiple sources. Furthermore, its investment in content creation and acquisition provides it with a competitive edge in attracting viewers and subscribers.

Risk Factors

  • Decline in television advertising revenue
  • Increased competition from global streaming services
  • Changes in consumer preferences for media consumption