Nine Entertainment Co. Holdings Ltd
NEC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| rn | LOCK|!#z | LOCK|yqn%P^< |
Nine Entertainment: Caught Between a Scrum Melee and a Head-High Tackle
Nine has renewed the National Rugby League, or NRL, free-to-air rights for the 2028 to 2034 seasons. The deal equates to a net annual average cost of AUD 150 million, including AUD 15 million in contra deals, and covers three weekly live games, plus Grand Final and State of Origin exclusivity.
