IPO among options for Mediaworks

IPO among options for Mediaworks
The group slashed net debt by 24.2% to $85.45 million over the 12 months.
Daniel Dunkley
Shorn of its TV operations, Auckland-based radio and outdoor advertising company Mediaworks is in acquisition mode and has stock exchange listing among options for the future.Chief operating officer Jeff McDowall said the group would look at “assets which add value to the current construct of Mediaworks and can leverage our significant salesforce, and assets that add value for our customers and advertising base”.“We’ve got some good ideas about how we can generate economies of scale,” McDowall said.Following the sa...

More Media

Spark bags $47m after accepting ‘low ball’ offer for Hutchison shares
Markets

Spark bags $47m after accepting ‘low ball’ offer for Hutchison shares

Spark has realised A$43 million (NZ$47m) from the sale of its 10% stake in Hutchison Telecommunications Australia (HTA) – after accepting an offer that a minority HTA shareholder called “lowball”.The telco said the transaction would close in July, with the funds used to reduce de...

Staff reporters 23 Jun 2025
Review: End of Summer Time by Roger Hall
The Life Free

Review: End of Summer Time by Roger Hall

It’s a fitting, funny, and unexpectedly moving production.

Dalaine Krige 22 Jun 2025
Steven Joyce, Jim Grenon join NZME board
Markets

Steven Joyce, Jim Grenon join NZME board

Joyce had 93% shareholder support, Grenon 86%.

Pattrick Smellie 03 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025