NZME: how to manage a shrinking ship

Tue, 10 Nov 2020

It has been a tumultuous year for the New Zealand news media.The level 4 lockdown in March not only killed advertising revenue stone dead – apart from government covid-19 advisories – but it also killed casual sales of printed newspapers.While daily publications were deemed ‘essential services’ and could keep on publishing for subscribers, it was a loss-making activity without advertising revenue to underpin it.For magazines, it was far worse. Bauer, the German publishing group that owned a swag of household titles in NZ...

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