Nine Entertainment has released its FY20 results for the 12 months to June 2020.
On a statutory basis, Nine reported revenue of $2.2b and a Net Loss of $575m, which included a post-tax Specific Item cost of $665m, largely relating to impairment of goodwill.
Group EBITDA of $355m was down 16% on the results in FY19 and net profit after tax and minority interests was $160m, down 19%.