UPDATED: Magazine sector in turmoil as Ovato scales back print business

UPDATED: Magazine sector in turmoil as Ovato scales back print business
The glossies are under the pump again. (Image: Depositphotos)
Daniel Dunkley
The New Zealand magazine industry has been plunged into turmoil following the closure of Ovato’s heatset printing operation, a decision set to lead to spiralling costs and a round of consolidation among struggling publishers.Magazines including North & South are scrambling for new printers after Ovato pulled the plug on its heatset printing service yesterday.Ovato, which has operated in NZ since 1991 when Rupert Murdoch’s News Corp spun off printing operations around the world, only gave publishers notice of its decision yesterd...

More Media

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
TradeMe takes 50% of Stuff Digital
Property

TradeMe takes 50% of Stuff Digital

The so-called "StuffMe" deal had been rumoured for some time.

Pattrick Smellie 03 Jun 2025
Caniwi's Bowker sells NZME stake
Markets

Caniwi's Bowker sells NZME stake

The investor said he's made a good return. 

Staff reporters 22 May 2025