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Nine history
Nine company history timeline
The recapitalisation was announced on 18 October 2006.
PBL Media was established in October 2006, when PBL transferred its media interests, including the ACP Magazines, Nine Network, and ninemsn, to the new business - a joint venture between PBL and CVC Asia Pacific.
In June 2007, PBL announced that it would sell a further 25% to CVC Capital Partners for $515 million.
In 2007, Fairfax merged with Rural Press and acquired the radio and video assets of Southern Cross Broadcasting.
On 16 December 2008, PBL Media issued a press release stating that the company's majority shareholder, CVC Capital Partners, had refinanced debt facilities as well as injecting in excess of $300 million.
In February 2013 David Haslingden, previously President and Chief Operating Officer of Fox Networks Group, was appointed to the Board as an independent non-executive director and chairman.
PBL Media rebranded as Nine Entertainment Company, and in December 2013 the company listed on the ASX as NEC.
In 2014, a joint venture between Nine and Fairfax launched Stan.
On 16 April 2015 Nine Entertainment Co announced the sale of its Nine Live business to Affinity Equity Partners for $640 million to reduce debt and fund an ongoing capital management program.
In 2015, Fairfax merges with Macquarie Radio Network, gaining a 54.5 per cent share and bringing 2GB together with the other talk stations.
In February 2016, Peter Costello was appointed chairman.
In March 2016, Nine Entertainment Co purchased a 9.9% stake in Southern Cross Media Group from the Macquarie Group.
2019In December 2019, Nine purchases the remaining 45.5 per cent of shares in the radio network, including John Singleton’s 32.4 per cent, to complete its merger with Macquarie Radio.
In November 2020, Hugh Marks resigned from the Nine Network after revealing he was in a relationship with a former colleague.
Nine Entertainment relocated from Willoughby where it had been based for 64 years to North Sydney in December 2020.
In March 2021, Nine Entertainment announced the appointment of Mike Sneesby as Chief Executive Officer, effective 1 April 2021, following Hugh Marks resignation.
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Nine competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Music & Arts | 1952 | $190.0M | 1,500 | 108 |
| Newbury Comics | 1978 | $28.4M | 200 | - |
| The Motherhood | - | $620,000 | 51 | - |
| Kasper | - | $30.0M | 1,000 | 3 |
| Sprockets.com | 1996 | $1.6M | 25 | 1 |
| Lifeway Christian Resources | 1891 | $1.2M | 4,000 | - |
| Dots | 1987 | $360.0M | 2,500 | 58 |
| San Francisco Music Box | 1978 | $13.0M | 30 | - |
| Paper House Productions | 1980 | $4.1M | 35 | - |
| Music Go Round | 1986 | $690,000 | 25 | - |
Nine history FAQs
Zippia gives an in-depth look into the details of Nine, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Nine. The employee data is based on information from people who have self-reported their past or current employments at Nine. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Nine. The data presented on this page does not represent the view of Nine and its employees or that of Zippia.
Nine may also be known as or be related to Nine, Nine Entertainment Co and Nine Entertainment Co.