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Australia's Nine Entertainment plans to sell its broadcast radio business to the Laundy family for AU$56M and buy digital outdoor ad firm QMS Media for AU$850M (Roushni Nair/Reuters)

Mediagazer · last updated

Roushni Nair / Reuters:
Australia’s Nine Entertainment plans to sell its broadcast radio business to the Laundy family for AU$56M and buy digital outdoor ad firm QMS Media for AU$850M  —  Australia’s Nine Entertainment (NEC.AX) on Friday deepened its pivot toward digital media, agreeing to buy outdoor advertising group QMS Media …