Nine Entertainment has swung to annual net loss, hit by costs totalling $665m related to its free-to-air television network, online real estate group Domain and its digital operations, which were hammered by the coronavirus crisis.The group booked a net loss of $590m for the year to June, compared with a net profit of $221.2m a year earlier.As result of the major impact of COVID-19 on the free-to-air TV market, digital advertising and property markets, Nine has booked an impairment charge of $588.7m in the year, related to Nine Network, Domain and digital.

here we go.. don't tell us 7West is the only in trouble, killing of giants in action...