NZME eyes 2021 dividend after covid tightening

NZME eyes 2021 dividend after covid tightening
Paul McBeth
NZME is putting dividends on the table next year after whipping the business into shape – with the help of government money – in response to the covid-19 pandemic.The publisher of the NZ Herald newspaper and operator of The Radio Network stations stripped $20 million from its cost base in response to the outbreak, which hit media companies immediately when advertising revenue slumped. NZME responded by reining in capital spending, closing the 24-year-old Radio Sport station and cutting more than 200 staff – about 15 percent of...

More Listed Companies

NZME boss calls for digital platform law
Listed Companies

NZME boss calls for digital platform law

NZME CEO Michael Boggs calls for government solution to big tech bargaining imbalance.

Daniel Dunkley 21 Feb 2024
BellPotter a bull on Santana's Bendigo gold prospect
Listed Companies

BellPotter a bull on Santana's Bendigo gold prospect

Aussie broker ups target price for speculative Central Otago project.

Pattrick Smellie 17 Jan 2024
Canterbury solar farm construction under way
Listed Companies

Canterbury solar farm construction under way

New farm will power 13,000 homes.

15 Jan 2024
Cautious growth ahead for Hallenstein Glasson
Retail

Cautious growth ahead for Hallenstein Glasson

The post-pandemic rebound appears to be over for Hallenstein Glasson.

Cécile Meier 12 Dec 2023