More action on the IPO front as Nine plans to debut this December with a $3billion IPO. The recent change in government, improved advertising revenues and business confidence have been factors influencing the timing of the float. Nine is said to be pursuing an online video offering that will deliver a Netflix style service allowing consumers to subscribe to and stream movies online. The decision to roll out this service hinges on the fast tracking of the NBN to support the online offering. (VIEW LINK)
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