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Nine Entertainment buys QMS Media for $850 million as radio assets sold

Australia’s Nine Entertainment shifts focus to digital with $850M QMS Media acquisition amid declining broadcast revenues.

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Australia’s Nine Entertainment shifts focus to digital with $850M QMS Media acquisition amid declining broadcast revenues.


Australia’s Nine Entertainment is making a bold move into digital advertising with its $850 million acquisition of outdoor advertising firm QMS Media. The shift comes as traditional broadcast revenues continue to decline, signalling a new strategic direction for the media giant.

As part of this transition, Nine will sell its metropolitan radio stations, refocusing resources on digital growth and reshaping its media portfolio. Industry experts suggest this could strengthen Nine’s position in the increasingly competitive advertising market.

Darren Woolley from TrinityP3 breaks down the motivations behind the acquisition, the financial strategy, and what it means for Nine’s future revenue streams.

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#NineEntertainment #QMSMedia #DigitalGrowth #MediaAcquisition #AdvertisingNews #AustralianMedia #RadioSale #BusinessStrategy


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Winter Olympic security tightens as US-European tensions grow

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Winter Olympic security tightens as US-European tensions grow

Keith Rathbone, Macquarie University

Since the murder of 11 Israeli hostages at the 1972 Munich Summer Olympics, security has been fundamental for games stakeholders.

The 2024 Paris games set new benchmarks for security at a mega-event, and now the presence of American security officials in Milan Cortina threatens to darken this year’s Winter Olympics before they even start.

Security at the games

The scale of security at the games has magnified considerably since the 1970s.

For the 2024 Olympics, the French government mobilised an unprecedented 45,000 police officers from around the nation.

For the opening ceremony, these forces cordoned off six kilometres of the Seine River.

Advocates point to Paris as an example of security done correctly.

Milipol Paris – one of the world’s largest annual conferences on policing and security – pointed to lower crime across the country during the games and a complete absence of any of the feared large security events. It stated:

The operation demonstrated the effectiveness of advanced planning, inter-agency cooperation and strong logistical coordination. Authorities and observers are now reflecting on which elements of the Paris 2024 model might be applied to future large-scale events.

However, critics complained the security measures infringed on civil liberties.

Controversy as ICE heads to Italy

Ahead of the Milan Cortina games, which run from February 4-23, Italian officials promised they were “ready to meet the challenge of security”.

A newly established cybersecurity headquarters will include officials from around the globe, who will sift through intelligence reports and react to issues in real time.

As well as this, security will feature:

  • 6,000 officers to protect the two major locations – Milan and Cortina d’Ampezzo
  • a no-fly zone around key sites
  • a constant restricted access cordon around some sites (as seen in Paris).

Some of the security officers working in the cybersecurity headquarters will come from the United States.

Traditionally the US diplomatic security service provides protection for US athletes and officials attending mega-events overseas. It has been involved in the games since 1976.

Late last month, however, news broke that some of the officers will be from “a unit of US Immigration and Customs Enforcement (ICE)”.

US and Italian officials were quick to differentiate between Homeland Security Investigations (HSI), which handles cross-border crime, and Enforcement and Removal Operations, the department responsible for the brutal crackdown on immigrant communities across the US.

The HSI has helped protect athletes at previous events and will be stationed at the US Consulate in Milan to provide support to the broader US security team at the games.

But the organisation’s reputation precedes them, and Italians are wary.

In Milan, demonstrators expressed outrage. Left-wing Mayor Giuseppe Sala called ICE a “a militia that kills” while protests broke out in the host cities.

US-European relations are stretched

The presence of ICE has also illuminated fractures within Italian Prime Minister Giorgia Meloni’s governing coalition.

Foreign Minister Antonio Tajani defended the inclusion of the US officers, saying “it’s not like the SS are coming”, referring to the Nazis paramilitary force in Germany.

However, local officials, including those from Meloni’s centre-right coalition, expressed concerns.

The tension inside Meloni’s government reflects broader concerns on the continent about US-European relations.

US Vice President JD Vance and Secretary of State Marco Rubio will attend the opening ceremony in Milan, despite some Europeans viewing Vance as the mouthpiece for US President Donald Trump’s imperial agenda.

Trump’s desire to take over Greenland has undermined American and European support for trans-Atlantic amity and the NATO alliance.

Just ahead of the Olympics, Danish veterans marched outside the US Embassy after Trump disparaged NATO’s contribution to US-led operations in Iraq and Afghanistan. These protests added to Danes’ fears about Trump’s Greenland ambition.

Tensions in Denmark remain high as the Americans and the Danes gear up to play ice hockey in the opening round robin of the men’s competition.

Elsewhere, politicians in the US on both sides have raised concerns that Trump’s bombastic rhetoric will make it harder for American athletes to compete and win.

A double standard?

Critics argue there is an American exception when it comes to global politics interfering in international sport.

Under Trump, the US has attacked Iran and Venezuela, called on Canada to become its 51st state, threatened to occupy Greenland and engaged in cross-border operations in Mexico.

Despite this, US competitors can still wear their nation’s colours at the Olympics.

Compare this to Belarussian and Russian athletes, who are only eligible to compete as Individual Neutral Athletes after the Russian invasion of Ukraine, and only under the condition they have not been publicly supportive of the invasion. An International Olympic Committee (IOC) body assesses each competitor’s eligibility.

Israeli athletes have also been under the spotlight amid geopolitical tensions in the region.

Following the Israeli invasion of Gaza in October 2023, a panel of independent experts at the United Nations urged soccer’s governing body FIFA to ban Israeli athletes, stating:

sporting bodies must not turn a blind eye to grave human rights violations.

But FIFA, and the IOC, have recently defended Israeli athletes’ right to participate in international sport in the face of boycotts and protests.

Competitors from Israel can represent their country at the Winter Olympics.

The political developments which have caused ructions worldwide ironically come after the IOC’s 2021 decision to update the Olympic motto to supposedly recognise the “unifying power of sport and the importance of solidarity”.

The change was a simple one, adding the word “together” after the original three-word motto: “faster, higher, stronger”.

It remains to be seen whether the Milan Cortina games live up to every aspect of the “faster, higher, stronger – together” motto, not just the first three words.The Conversation

Keith Rathbone, Senior Lecturer, Modern European History and Sports History, Macquarie University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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Elon Musk merges SpaceX and xAI to create solar-powered AI data centres

Elon Musk merges SpaceX with xAI to build solar-powered space data centers, aiming for sustainable AI energy solutions.

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Elon Musk merges SpaceX with xAI to build solar-powered space data centers, aiming for sustainable AI energy solutions.


Elon Musk has officially merged SpaceX with his AI company xAI, unveiling plans to build solar-powered, space-based data centres. The goal is to tackle the growing energy demands of artificial intelligence while promoting sustainability beyond Earth.

Dr Karen Sutherland from Uni SC explains how these space-based centres could revolutionise AI computation. They explore why Musk believes solar power in orbit can overcome the limitations of Earth-based data centres and reduce environmental impact.

We also dive into the future of AI energy consumption, potential timelines for these orbital data hubs, and the broader implications for sustainable technology. Could this be the next frontier in powering artificial intelligence?

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#ElonMusk #SpaceX #xAI #AIInnovation #SolarPower #SustainableTech #SpaceTech #FutureOfAI


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RBA interest rate increase explained – impact on Australians

RBA raises cash rate to 3.85%, impacting millions as economists warn of changes to household budgets and borrowing costs.

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RBA raises cash rate to 3.85%, impacting millions as economists warn of changes to household budgets and borrowing costs.


The Reserve Bank of Australia has raised the cash rate to 3.85%, citing strong inflation and higher-than-expected demand. Millions of Australians with mortgages could feel the impact as borrowing costs climb. Economists warn this could reshape household budgets across the nation.

Dale Gilham from Wealth Within joins us to break down the implications of this rate hike and what it means for everyday Australians navigating rising interest rates.

The RBA highlighted temporary inflation factors, tighter supply constraints, and a robust labour market as key reasons for the increase. With major banks predicting this may not be a one-off move, homeowners and investors are advised to prepare for a changing financial landscape.

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