Nine's Hugh Marks tells staff - 'Our business is firing on all cylinders'

Chris Pash
By Chris Pash | 24 February 2021
Hugh Marks

Nine Entertainment CEO Hugh Marks has told staff he's extremely proud of the half year results announced today.

"We’ve had innumerable challenges thrown our way these past 12 months, but we’ve come out even stronger on the other side," he said in an internal email.  

"Our business is firing on all cylinders and cultivating plenty of scope to accelerate in the coming years."

Nine reported a 42% increase on last year in earnings before interest and tax (EBITDA) of $355 million and a total revenue of $1.16 billion for the December half year.

"I want to thank each and every one of you for your contribution. This success has been underpinned by the focus we’ve kept on our core strategy through these challenging times – creating great content/journalism, distributing it broadly and engaging audiences and advertisers."

Marks also says he's had a great five years at Nine and he will be around for a while yet as the process continues for the new CEO.

Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at adnews@yaffa.com.au

Sign up to the AdNews newsletter, like us on Facebook or follow us on Twitter for breaking stories and campaigns throughout the day.