2016: The year of disruption
John Drinnan predicts 2016 will be an even bigger year for corporates as they adjust to the new ways in which people consume media.
John Drinnan predicts 2016 will be an even bigger year for corporates as they adjust to the new ways in which people consume media.
NZ's big media players have formed a new advertising exchange.
Revenue at NZME eased by 1 per cent to $214.9 million in the first half to June 30, despite "challenging" market conditions.
APN News & Media will launch digital subscriptions for its Queensland-based daily regional newspapers this year.
APN News and Media chief executive Michael Miller says traditional enemies in the newspaper business will have to work together to maintain growth as the media market fragments.
APN News & Media, publisher of the New Zealand Herald, says it is on track to introduce paid content this year, but that its initial public offer plans for NZME. were not conditional on having an internet pay wall in place.
The initial public offering pipeline is expected to keep delivering in the year ahead, but market watchers say it will be a challenge to match or exceed 2014's bumper crop of 12 IPOs.
APN News & Media has increased its presence in the Australian broadcasting scene through the purchase of Perth radio station 96FM from rival publisher Fairfax Media.
Two Australian TV networks are looking at taking a stake in MediaWorks at a heavily discounted price, according to sources.
The world is going digital, but MediaWorks and NZME. are still spending millions of dollars on ye olde radio frequencies.
APN News & Media said it would consider progressing its plans to launch an initial public offer for its New Zealand unit, NZME., some time in the New Year.
Latest readership figures show our combined print and online audience lifting to 844,000 readers a day and 1.34 million across the week.
NZ's most active family developers, the Mansons, have purchased the NZME.site and buildings in Auckland's CBD for about $45m, which could result in a big redevelopment.
APN News & Media has appointed brokers Credit Suisse/First NZ and Forsyth Barr to advise the company on the possible IPO and float of NZME.
NZME. has appointed the former Tower executive Michael Boggs as its new chief financial officer as the company considers an IPO.
APN is still considering floating its NZ media unit with a board appointment announcement this afternoon expected to show the Australian parent isn't considering a trade sale.
APN, the company which owns the New Zealand Herald, is to relaunch as part of a new brand, NZME.