Stuff ventures make up for shrinking ad, circulation revenue

By Paul McBeth | Wed, 26 Feb 2020


Stuff’s foray into selling broadband and power packages seems to be paying off, with the media group’s side ventures more than making up for its shrinking ad and circulation revenue.The New Zealand firm is largely a footnote in ASX-listed Nine Entertainment’s first-half results, and the Australian broadcaster and publisher has been trying to flog it off since buying it as part of the much larger Fairfax Media acquisition.Stuff is the last of the Fairfax assets still to be sold, and Kiwi rival NZME is lobbying the government to smooth the way fo...