The decline of Nine

Andrew Macken

Since 2015, Nine’s television revenues have been declining. In an age of Netflix, Apple TV and YouTube, consumers face a much wider choice of video on demand than they ever have before. And this means free-to-air television audiences in Australia are declining – by around 5% per annum. Is Nine’s current stock price of around $1.25 per share justified?


Andrew Macken

Andrew is responsible for managing the Montgomery Global Fund, ASX-listed Montgomery Global Equities Fund (ASX:MOGL) and global equity long/short strategy, Montaka Global Fund. Andrew oversees $500m in FUM.

Expertise

nine netflix

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