Nine's streaming platform Stan has active subscribers of 2.3 million, helping to push revenue up by 28% to $149.1 million, according to half year results.
The higher subscriber base, coupled with the September price increase (premium plan subscribers from $17 to $19) underpinned the growth in revenue.
Across the half, total streams increased by almost 20%.
"The strong subscriber growth of the past 12 months has enabled Stan to expedite previous growth ambitions," says Nine.
"During the half, Stan announced a long-term content deal with NBCU, the launch of Stan Sports as well as an increased commitment to Stan Originals.
"Already, Stan has a strong market position and significant EBITDA and cash profitability. There remains substantial upside in both subscribers and profitability for Stan on a longer-term basis."
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