NZME AGM: bullish on advertising and OneRoof; grilled on declining trust in news

NZME chief executive Michael Boggs says his company is outperforming.

Fri, 12 Apr 2024

New Zealand Media and Entertainment says advertising revenue increased by 4% year-on-year in the first three months of 2024, with the company “outperforming the market” despite wider challenges in the sector.Speaking at the group’s annual meeting on Thursday afternoon in Auckland, chief executive Michael Boggs said the media company behind the NZ Herald, BusinessDesk and Newstalk ZB was outdoing its peers in the recent media downturn and predicted overall earnings growth for the year.“We are faring well within the indust...

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