A week after chief executive Hugh Marks announced he would be leaving the company, Nine Entertainment has bid farewell to its iconic studios in Sydney's Willoughby.

All the company's divisions are moving to a new location in Denison Street, North Sydney, where the former Fairfax Media operations are already located.

The studios made history in 1956, when Bruce Gyngell announced 'Good evening, and welcome to television'.

Marks pointed to the ever-changing nature of the industry: "As we vacate our home, we move to a new era," he said.

"The investment in new technologies for our studios is like no other company. We will function on a whole new level."

The Sydney Morning Herald and the Australian Financial Review each have their own floor in the new building.