NEC 1.56% $1.26 nine entertainment co. holdings limited

June 28 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC)...

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    June 28 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC)

    • FY17 reported group EBITDA is now expected to be between $200m and $210m
    • Government made a regulation which will result in a reduction in licence fee paid by Australia's commercial Free To Air television broadcasters
    • Sees reduction in licence fees accrued by Nine in FY17 and paid in FY18 of approximately $33m
    • According to government's regulation licence fee paid by Australia's commercial Free To Air television broadcasters reduced from 3.375% to 0% for fy17
 
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$1.26
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-0.020(1.56%)
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