Nine Entertainment Reports Strong Growth, Citing New AI Laws
Nine Entertainment has reported stronger growth for fiscal year 2026, with its shares jumping 9.5% following the announcement. The company's CEO expressed confidence that new AI laws will contribute to a 'world of growth in publishing' while the network also implements cost-cutting measures.
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Nine CEO confident new AI laws will deliver a ‘world of growth in publishing’ as network slashes costs
Matt Stanton says company has ‘good pipeline’ of AI deals ahead even as it aims to cut $160m in costs Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast The head of Nine Entertainment sees a “world of growth in publishing” on the horizon backed by laws designed to force tech platforms into commercial deals, even as the network cuts costs across its newsrooms. Parliament passed revamped media bargaining laws last week, clearing...
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