Nine Entertainment Co. Holdings Ltd
NEC: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$6.30 | Zxwd | Fsfjspkk |
New Morningstar Analyst Report for Nine Entertainment Co. Holdings Ltd
Business Strategy and Outlook
Nine, along with the rest of the Australian free-to-air television industry, is protected by anti-siphoning legislation which was created to ensure Australian households could freely access events of national importance and cultural significance. Sport is a critical component of this and enables the three incumbent television broadcasters to bid between themselves for the right to offer national coverage for popular live sporting events.