Interview: Nine CEO Mike Sneesby on cutting costs and battling Meta

Nine Entertainment 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 Meta and Google for a share of the advertising market it once dominated. Last week, the company announced a slump in profits to $216.4 million. CEO Mike Sneesby spoke to Andrew Geoghegan from Ausbiz about the result, cutting costs, and the outlook for TV audiences. 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 ausbiz.com.au - it's free. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.