Seven’s Profits Crater, but Company Boss Denies Television Is Dying

Seven’s profits crater, but company boss denies television is dying

Billionaire Kerry Stokes’ media company has posted just $16.6 million in profits for financial year 2025 as free-to-air television advertising continues to evaporate.

channelnews : Seven West Media results point to FTA TV turnaround

It’s been a brutal few decades for legacy media businesses, not least free-to-air TV channels. So when Seven West Media announced its results for the last financial year, nobody was surprised that the figures were largely unencouraging. Seven’s revenue fell by 5% and its profits were down 63%. Even though it had cut costs by...

Seven West profit plummets 62pc

Seven West Media recorded a 62 per cent drop in statutory net profit last financial year to under $17 million, a result generated off group revenue of $1.35 billion.

Seven West Media revenue and profit fall but digital is 'kickstart' to growth

Seven West Media has posted a drop in profit and revenue for FY25, as soft advertising conditions and the end of its Meta agreement hit the TV and publishing business. Overall revenue for the 2025 financial year dropped by 4 per cent, to $1.35 billion, with earnings before interest and taxes down by 23 per cent, to $116 million from $151 million. Profits after tax plunged by 62 per cent, from $45 million in FY24 to $17 million. However, despite …

SEVEN WEST MEDIA delivers second-half earnings lift despite flat TV market

TV Blackbox SEVEN WEST MEDIA delivers second-half earnings lift despite flat TV market Seven West Media has reported its first half-year earnings growth since FY22, boosted by strong streaming numbers from its 7plus platform that helped offset ongoing softness in broadcast TV advertising. Despite a 4% decline in full-year group revenue to $1.35 billion — which includes earnings from The West Australian’s newspapers and websites — the network gre…