Interview: Nine CEO Mike Sneesby on cutting costs and battling Meta
FEAR & GREED | Business News
<p><a href="https://www.nineforbrands.com.au/" rel="nofollow">Nine Entertainment</a> is a fascinating company. It owns some of Australia's most recognisable media outlets, from free-to-air TV to newspapers and radio stations. But it's also battling digital giants like <a href="https://investor.fb.com/home/default.aspx" rel="nofollow">Meta</a> and <a href="http://abc.xyz/" rel="nofollow">Google</a> for a share of the advertising market it once dominated.<br><br>Last week, the company announced a slump in profits to $216.4 million. CEO <a href="https://www.linkedin.com/in/mikesneesby/" rel="nofollow">Mike Sneesby</a> spoke to <a href="https://www.linkedin.com/in/andrew-geoghegan/" rel="nofollow">Andrew Geoghegan</a> from <a href="https://ausbiz.com.au/" rel="nofollow">Ausbiz</a> about the result, cutting costs, and the outlook for TV audiences.<br><br><em>Ausbiz is Australia's leading provider of live and on-demand video for the latest news in Australian business, markets, economy and startups. Sign up at </em><a href="https://www.google.com/url?q=http://ausbiz.com.au/&sa=D&source=calendar&ust=1725625754196097&usg=AOvVaw0tBAC0ZDHJpXqzhUFMVAoS" rel="nofollow"><em>ausbiz.com.au</em></a><em> - it's free.</em></p>
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