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Australia's Nine to buy QMS for $599 million, sell radio assets in pivot to digital growth

Written By: TDG Syndication
Last Updated: January 30, 2026 03:15:07 IST

Jan 30 (Reuters) – Australia's Nine Entertainment said on Friday it will buy digital outdoor media group QMS for A$850 million ($599.08 million) while selling its radio arm and shifting regional TV to an affiliate, accelerating a pivot to higher-growth digital assets. ($1 = 1.4188 Australian dollars) (Reporting by Roushni Nair in Bengaluru; Editing by Alan Barona)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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