Brief: Nine Acquires Digital Outdoor Media Platform QMS Media

Nine Entertainment Holdings

30/01/2026 01:37

Jan 30 (Reuters) - Nine Entertainment Co Holdings Ltd NEC.AX:

NINE ACCELERATES STRATEGIC TRANSFORMATION

SALE OF NINE'S BROADCAST RADIO ASSETS

ACQUISITION OF A LEADING DIGITAL OUTDOOR MEDIA PLATFORM, QMS MEDIA

REACHED AN AGREEMENT WITH QUADRANT PRIVATE EQUITY TO ACQUIRE 100% OF ISSUED CAPITAL OF QMS FOR A$850M

TO SELL NINE’S BROADCAST RADIO ASSETS TO LAUNDY FAMILY OFFICE ON CASH & DEBT FREE ENTERPRISE VALUE OF A$56M

Further company coverage: NEC.AX

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