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Nine Entertainment Co Pty Limited (ASX:NEC) is celebrating a boost in revenue, thanks to the the Ashes Test cricket series.
Standard Media Index (SMI) data, which measures ad spend by media buyers, showed Seven earned a 40.4 per cent share of the ad market in November, while Nine had 38.3 per cent and Ten Network had 21.3 per cent.
The total metropolitan free-to-air ad market has grown by 1.8 per cent to $2.5 billion for the year to date, but was down by 0.1 per cent in November compared with the same month last year.
Nine's revenue grew by 5.8 per cent compared with November last year, while Seven's revenue was down by 7.5 per cent and Ten was up by 3.8 per cent over the same period.
News: Nine gets Ashes boost
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