Merged Fairfax/NZME should have to sell a website, says MediaWorks
MediaWorks says a merged Fairfax/NZME news operation should have to sell one or other of the New Zealand Herald or Stuff websites.
MediaWorks says a merged Fairfax/NZME news operation should have to sell one or other of the New Zealand Herald or Stuff websites.
The Herald newspaper's readership is up 3.1 per cent and nzherald.co.nz has seen a 25 per cent audience lift year on year.
The Overseas Investment Office has granted consent to the proposed merger of media companies NZME and Fairfax NZ.
Fairfax and NZME are seeking Commerce Commission authorisation to merge operations in New Zealand.
Media companies NZME and Fairfax NZ have released further details of their proposed merger to the NZX this morning.
Herald photographers Michael Craig and Doug Sherring have been named as finalists at the prestigious NZ Geographic Photographer of the Year awards.
Selected articles from the New Zealand Herald will soon be available in Chinese on a new website.
Newly-listed NZME said its operating earnings improved slightly over the six months to June.
The Commerce Commission has updated its timeframe on delivering its decision on the proposed merger of NZME and Fairfax.
The injunction sought to limit the way in which Fairfax was using video from the Games on its website.
A High Court judge will release his decision this afternoon on Sky TV's injunction against Fairfax's use of Olympic video.
Fairfax has questioned if Sky TV has the grounds to bring an injunction against it over the use of Olympic Games video.
Fairfax wants the dispute over its use of Sky TV's Rio Olympics footage to go to a full trial.
Sky TV tells the High Court Fairfax's use of Rio Olympics video clips online is "exploitation", as the broadcaster seeks an injunction.
Sky TV has gone to the High Court seeking an injunction against Fairfax Media over the use of Rio Olympics video.
Augusta Capital reaped $2.9 million in fees from its biggest property syndication deal on the purchase of the NZME Central complex
NZME says nothing in merger submissions undermine key arguments in favour of its joining up with Fairfax.
Horton Media has urged the Commerce Commission to carve out of Auckland newspapers if the merger go ahead.
NZX chief executive Tim Bennett said he expects trade in NZME's stock to be volatile at first following Brexit market uncertainty.
Chief executive Michael Boggs says there's opportunity for local investors to get involved.
New Zealand media company NZME makes its debut on the NZX today with share trading expected to commence on the "ringing of the bells" at midday.
APN has reached a deal with IRD that will remove tax risk ahead of NZME listing next week.
Weekday, weekend and Sunday readership of the Herald continues to grow along with our magazine inserts and regional papers.
APN has received OIO approval for its plan to split out NZME ahead of a possible merger with Fairfax.
COMMENT: The Commerce Commission will have its hands full looking at the proposed merger between Sky TV and Vodafone NZ.
NZME and Fairfax NZ believe their planned merger will free up investment for high-quality journalism.
APN News and Media and Fairfax Media are in "exclusive talks" to fold their local operations - NZME and Fairfax NZ - into a listed NZ media company.
A merger between the New Zealand operations of NZME and Fairfax Media would require Commerce Commission approval, say analysts.
New Zealand Media and Entertainment today announced plans for its print, digital and radio news teams to come together in one integrated 24/7 operation.