Nine Entertainment does not need to acquire regional broadcaster WIN Television as its affiliate arrangement is already delivering the benefits of combining the two companies, chief executive Mike Sneesby said.
But Mr Sneesby, who was speaking at the UBS Australasia conference on Tuesday, said the company is open to growth opportunities in digital, as he faced questions about Nine’s balance sheet capacity to mimic Seven’s move to buy regional broadcaster Prime Media.
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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com