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ARN issues a stark warning, Nine redundancies, and activist rocks M+C Saatchi

12 November 2025

It's Wednesday evening, which means it's time to pour yourself a glass of warm popcorn, fire up your wireless, and settle into another episode of the Mumbrellacast.

After splashing out an estimated $1.5 million on its first-ever upfront presentation late last month to tout the future of its 'entertainment' company, this morning ARN provided the market with a sobering financial update, forecasting a full-year earnings drop of between 25% and 27%.

On Monday morning, Amanda Laing, the newly minted boss of Nine's streaming and broadcast arm, informed nervous staffers that…

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