Nine reveals massive write-down in value of its television network, leading to $237m loss

By Lucy Battersby
Updated February 23 2017 - 11:18pm, first published 7:36pm
Nine chairman Peter Costello with chief executive Hugh Marks. Photo: Ben Rushton
Nine chairman Peter Costello with chief executive Hugh Marks. Photo: Ben Rushton
Nine Entertainment Company's chief executive Hugh Marks says ratings are improving.  Photo: Janie Barrett
Nine Entertainment Company's chief executive Hugh Marks says ratings are improving. Photo: Janie Barrett

Nine Entertainment Company has reported a $237 million loss for the six months to December after reducing goodwill of Nine Network from $422 million to $162 million.

Get the latest Bunbury news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.