Nine Entertainment (ASX:NEC) said it QMS advertising and digital billboard business struck an agreement to represent Metcash's (ASX:MTS) LocalEyes retail media network across Australia, according to a Monday statement.
The agreement is effective Sept. 1 and includes an initial 860 digital screens across Metcash's food, liquor and hardware network.
Nine Entertainment shares fell nearly 1% in recent Monday trade, while Metcash shed over 2%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.