Nine And WIN Extend Affiliation Agreement
Nine Entertainment Co. (ASX:NEC) and WIN Corporation (WIN) have today agreed to extend their affiliation agreement for 6 months to 30 June 2016, on terms that provide for additional payments to Nine over that period. NEC and WIN have also agreed to work together on a range of opportunities relating to their content and to the mutual growth of their respective businesses. The agreement continues the 27 year partnership between the two networks, and ensures continuing carriage of Nine Network’s programming to all Australian homes.
Hugh Marks, CEO of NEC, said “Broadcast television is evolving, but the role of the affiliate and its relationship with the local community remains important. This extended deal with WIN ensures Nine’s premium content continues to be available to all Australians for free, 24 hours a day.”
Source: Nine Entertainment