Service Stream books $163.4M FY26 EBITDA
Service Stream (ASX:SSM) reported a full-year EBITDA of $163.4 million and net profit of $81.1 million for the year ended June 30.
Service Stream (ASX:SSM) reported a full-year EBITDA of $163.4 million and net profit of $81.1 million for the year ended June 30.
Audinate (ASX:AD8) reported FY26 revenue of US$46 million, rising 14.9% from the prior year of US$40 million.
Advertising network oOh!media (ASX:OML) reported half-year revenue of $340.9 million and a binding takeover agreement.
Australia introduced a revised media bill requiring platforms like Alphabet (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META).
Southern Cross Media Group (ASX:SXL) recorded a 57.6% profit fall to $9.9 million for FY26 following weaker advertising revenue.
The Australian government is advancing a $250 million news levy impacting publishers like Nine Entertainment (ASX:NEC).
oOh!media (ASX:OML) signed a binding agreement to be acquired by infrastructure investor I Squared Capital.
NZME (ASX:NZM) has agreed to acquire print plant equipment from Stuff's Petone facility in an up to NZ$15 million deal.
News Corp (ASX:NWS) reported fourth-quarter revenue of US$2.34 billion, an 11% increase compared to the prior year.
ARN Media (ASX:A1N) stated it is progressing evidence to defend all claims by Jacqueline Henderson in the Federal Court.
Nine Entertainment (ASX:NEC) will cut 30 editorial roles across its major metropolitan newspapers to support a digital transition.
Twelve US states have filed a lawsuit in an Oakland federal court to block Paramount's proposed US$110 billion acquisition of Warner Bros Discovery (NASDAQ:WBD).