Nov 15 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC) :
- "it appears likely metro free-to-air advertising revenue will be down in low single digits for fy17"
- "our new affiliate deal with southern cross continues to perform ahead of our expectations"
- Revenue in our production business forecast to grow in excess of 50% in fy17
- also well developed in planning to continue to achieve efficiency in cost base, with an additional $50m reduction in costs planned by fy19
- "we are now expecting fy17 tv costs to be down c1.5% on fy16"
News: NEC Nine Entertainment updates on outlook
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