Wellington news site CapitalNZ closes

Antony Young said the site had found an audience and grew subscriptions quickly. (Image: CapitalNZ)

Thu, 01 Jun 2023

CapitalNZ, the Wellington news publication launched by media executive Antony Young, has closed just months after it was launched.Young, a co-founder of media agency Media Lab and former North America boss at agency giant Mindshare, created the “alternative news voice” for the capital late last year, but the title hit financial difficulties amid a slowing economy.In a statement to BusinessDesk, Young blamed advertising issues. According to Young, the free newsletter amassed 10,000 subscribers but struggled to generate enough re...

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