If any company exhibits the preconditions for change in 2025 it would have to be Nine Entertainment. Firstly, the company has initiated a strategic review. Secondly, one of Australia’s best known investor agitators, John Wylie, has stealthily built a shareholding. But perhaps most importantly, Nine’s share price is wallowing in a slump.

The company is now pregnant with possibilities and the biggest corporate guessing game in town is what will be born from the changes at Nine.

Wylie’s Tanarra Capital has a storied history of buying into........

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