Interview: Domain sale could give Nine a "$1 billion war chest"
FEAR & GREED | Business News
<p>Yesterday Nine Entertainment announced its half-year results, with a jump in its subscription businesses and an increase in revenue, but a sharp drop in profit in part due to the withdrawal of Meta's payments for local news.<br><br><br>But much of the focus is away from Nine's core media business, and instead on the $2.7 billion offer for Domain, which is 60% owned by Nine.<br><br><br>Tim Burrowes, co-owner and publisher of Mumbrella, talks to Sean Aylmer about what happens to Nine if it sells Domain, and the presence of green shoots in the advertising market.</p>
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