NZME to Sell Wairarapa Times-Age Locally

09 June, 2016

NZME to Sell Wairarapa Times-Age Locally

NZME Publishing Limited has signed a conditional agreement to sell the Wairarapa Times Age to National Media Limited, which is owned by Andrew Denholm, the current General Manager of Wairarapa Times-Age. Included in the agreement are the Wairarapa Midweek and TA Property papers.

CEO of NZME, Michael Boggs says returning the paper to local ownership is immensely pleasing.

“Andrew is a great guy; he has been the general manager for the past five years and is well established in and respected by the local community. I know the Times-Age is in great hands.”

Denholm says he’s thrilled with the result.

“It is a fantastic result for me personally but also the Wairarapa community to have local ownership of these papers. While we will continue to improve the paper it is very much business as usual.”

The deal is expected to be complete by the end of June.


ENDS


For further information please contact:
Niki Schuck PR
+64 21 911 332
niki@nikischuckpr.com


About New Zealand Media and Entertainment (NZME)

NZME is New Zealand Media and Entertainment. It brings together New Zealand’s leading radio,
publishing, digital and e-commerce brands that were once known under APN New Zealand, TRN and
GrabOne. NZME has over 30 websites and an extensive national digital audience reach of over two
million# people every month.

NZME publishes New Zealand’s number one daily newspaper The New Zealand Herald, number one
Sunday newspaper The Herald on Sunday, The Northern Advocate, Rotorua Daily Post, Bay of Plenty
Times, Wairarapa Times-Age, Hawke’s Bay Today and Wanganui Chronicle plus 23 community titles
throughout the country.

NZME Radio is New Zealand’s market leader for radio advertising solutions delivered across strong
radio and online brands. Based on the independent commercial radio station survey conducted by
GfK, NZME is number one for News* (Newstalk ZB), Sport*^ (Radio Sport) and Entertainment
*(Coast). The NZME network is also number one in Auckland* ?. Other networks are ZM, Hauraki,
Flava and Radio Sport, in total they operates more than 130 stations in New Zealand. With iHeart
Radio’s 457,000 registered users, and 615,638 app downloads, NZME’s proposition is unique in the
digital space∞. NZME is 100% owned by APN News & Media.

Sources:

#Nielsen CMI Fused Q4 14 – Q3 15, January 2016. AP10+
? Includes Humm FM and WTV’s radio stations; Chinese Radio AM936 and FM 99.4 Chinese Voice
∞iHeartRadio, April 2016
GfK Radio Audience Measurement, Commercial Radio Stations, NZ Major Markets 1/2016:
*All 10+, Sun-Sun 12mn-12mn, Share % unless otherwise stated
^All 10+, Sun-Sun 12mn-12mn, Cumulative Audience 000’s, unless otherwise stated