NZME strategy – good in parts, says Jarden

Tue, 17 Nov 2020

Auckland-based news publisher and radio broadcaster NZME gains plaudits for giving explicit targets for growth in the next five years but remains vulnerable to high fixed costs and the headwinds created by the “competitive media landscape”, says broking house Jarden in a research note.Released a day after NZME provided its most detailed update for investors since listing in mid-2016, Jarden analysts Arie Dekker and Grant Lowe laud NZME’s intention to convert the Auckland-centric NZ Herald brand to a national offering.The publi...

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