Nine loses cricket media rights

Company News

by Rachael Jones

Nine Entertainment (ASX:NEC) has addressed the media reports regarding the cricket rights by Cricket Australia.

They confirm that they have not been granted rights to Australian international cricket matches from the 2018-2019 summer.

The company reports that this will not have any impact on their Financial Year 2018 results.

At this stage they are not able to give an indication of likely impact on their results for Financial year 2019.

Shares in Nine Entertainment (ASX:NEC) are down 0.89 per cent to $2.23
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.