NZME’s investor day: what we learned

Michael Boggs wants NZME to be number one in media world. (Image: NZME)

Thu, 16 Nov 2023

After issuing an earnings downgrade last week, New Zealand Media and Entertainment (NZME) held its annual investor day on Wednesday, touching upon the future of its print publishing business, shareholder returns and acquisition opportunities.The group has unveiled a new three-year strategy to be the number-one audio company in NZ, the top news destination and an essential property platform to rival TradeMe.Investors gave their approval. After announcing the grand plan to the market this morning, shares were up 8.4% to $0.90 in afternoon trading...

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