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New Zealand Media and Entertainment

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New Zealand Media and Entertainment
Company typePublic
NZX: NZM
IndustryBroadcasting
PredecessorThe Radio Network, APN New Zealand
FoundedAuckland, New Zealand (2014; 10 years ago (2014))
Headquarters
Auckland
,
New Zealand
Number of locations
25 markets
Area served
New Zealand
Services
Websitenzme.co.nz

New Zealand Media and Entertainment (abbreviated NZME) is a New Zealand newspaper, radio and digital media business. It was launched in 2014 as the formal merger of the New Zealand division of APN News & Media and The Radio Network, part of the Australian Radio Network. It operates 32 newspapers, 9 radio networks and several websites in twenty-five markets across the country, and reaches over 3 million people.[1]

NZME brands include flagship national newspaper The New Zealand Herald, regional newspapers Bay of Plenty Times, Rotorua Daily Post and Northern Advocate, deals website GrabOne, and New Zealand's iHeartRadio. Its radio division operates radio networks Newstalk ZB, The Hits, ZM, Radio Hauraki, Flava, Coast, Gold and Gold AM on radio frequencies around the country and through the iHeartRadio digital listening website and mobile app.

History

NZME was formed in September 2014 through the merger of the New Zealand division of APN News & Media and The Radio Network, part of the Australian Radio Network.[1] The launch of the business fueled speculation APN News and Media could be planning to fully separate its New Zealand operations, or issue an initial public offering for up to 60 percent of its New Zealand assets on the NZX. Fairfax Media declined to confirm speculation in The Australian Financial Review that it could buy some or all of those assets.[2][3][4]

In 2016, NZME and Stuff Ltd. proposed merging their operations in New Zealand, with Stuff's Australian parent company Fairfax Media receiving a 41% stake in the combine business plus $55 million cash. On 2 May 2017, the Commerce Commission declined to approve the proposed merger. The two companies appealed the Commissions' decision at the Wellington High Court, which upheld the commission's decision on 18 December 2017. In June 2018, the companies appealed the commission's decision at the New Zealand Court of Appeal, which rejected their merger bid on 25 September 2018.[5][6] In October 2018, NZME and Stuff abandoned their first merger attempt.[7]

In November 2019, NZME confirmed that it had entered into negotiations with Stuff's new Australian owners, Nine Entertainment, to purchase Stuff. As part of the second merger proposal, NZME proposed a "Kiwishare" arrangement that would ringfence Stuff's editorial operations and protect local journalism.[8][9]

On 14 April 2020, NZME announced that they were laying off 15% of their workforce (roughly 200 jobs) as a result of the economic fallout caused by the coronavirus pandemic.[10][11] On 11 May, NZME tried to purchase rival media company Stuff, a subsidiary of the Australian company Nine Entertainment, for NZ$1 under the pretext of saving jobs during the pandemic. In response, Nine Entertainment terminated further negotiations with NZME.[12][13][14] In response, NZME filed an emergency junction at the Auckland High Court to force Nine Entertainment back into negotiations.[15] On 19 May, the Auckland High Court ruled against NZME's bid for an interim injunction against Nine Entertainment.[16][17]

Publishing

The publishing division of NZME reaches an estimated 2.1 million people each week by print, desktop computer and mobile. It includes national New Zealand Herald titles, six other daily newspapers, 23 non-daily newspapers and over 20 websites, mobile sites and apps.

New Zealand Herald

The New Zealand Herald is the flagship title of NZME and is the daily newspaper of Auckland. It has the largest circulation of any newspaper in New Zealand, peaking at over 200,000 copies in 2006, with numbers down to 162,181 by December 2012.[18] Auckland is its main delivery area, but it is also delivered to much of the north of the North Island including Northland, Waikato and King Country.[19]

The Herald's main book publications include New Zealand Herald, Weekend Herald and Herald on Sunday. Its supplements include Be Well on Monday, Travel on Tuesday, Viva, Driven and Herald Homes on Wednesday, TimeOut on Thursday, Canvas on Saturday, and Spy on Sunday.[20]

Regional newspapers

NZME publishes The Northern Advocate and The Northland Age in Northland. It is the dominant print media outlet in the Bay of Plenty, where it publishes Bay of Plenty Times, Bay News, Katikati Advertiser, Te Puke Times, Coastal News and Waihi Leader.

In Rotorua and Waikato it publishes Rotorua Daily Post, Hamilton News, Country News, Taupo Weekender and Turangi Chronicle. In Hawke's Bay it publishes Hawke's Bay Today, CHB Mail and Dannevirke Evening News.

Joint publications

NZME co-owns the Chinese New Zealand Herald. In 2019, it was reported that the website and content of the Chinese New Zealand Herald is under the operational and editorial control of the state-run China News Service, controlled by Chinese Communist Party's United Front Work Department and subject to state censorship and government propaganda.[21]

Radio

Radio Network House in Christchurch was imploded on 5 August 2012

NZME Radio began as The Radio Network in 1996 when the commercial radio activities of Radio New Zealand were divested by the fourth National government as part of the Ruthanasia free market economic policies of that government. Radio New Zealand Commercial, which included talk networks Newstalk ZB and Radio Sport and music networks Classic Hits and ZM, became privately owned and was renamed The Radio Network. In 2014, it became part of NZME and was rebranded again as NZME Radio.

The majority of the programming on stations is networked from the main studios on Graham Street in Auckland Central. However, Newstalk ZB run local programmes in Wellington, Nelson, Christchurch and Dunedin. Mix has a local breakfast show in Nelson and The Hits run local breakfast and morning programmes. Auckland station Mix 98.2 was relaunched in 2014, based on stations previously known as Radio i, Easy Listening i, Viva and Easy Mix. Privately owned Gore station Hokonui Gold is operated by NZME under a long-term lease contract.

History

Publicly owned Radio New Zealand Commercial became privately owned The Radio Network in 1996, and later that year it also purchased Prospect Media Limited and its eleven Auckland and Hamilton stations. The brands of Auckland's Radio Hauraki and Easy Listening i were retained and launched as nationwide networks, while Hamilton's Easy Listening i, Auckland's The Breeze on 91, Hamilton's The Breeze on 89.8 and the other stations were converted to the former Radio New Zealand brands.

The company was bought out by a syndicate that included United States radio company Clear Channel Communications and publisher Wilson & Horton. Wilson & Horton was then purchased by Ireland-based media conglomerate Independent News & Media, and on-sold to Independent's Australian subsidiary APN. The Radio Network became an APN and Clear Channel networked commercial radio joint venture, like the Australian Radio Network already was, and as a result The Radio Network became part of the Australian Radio Network.

Radio Network House in Christchurch was damaged in the February 2011 Christchurch earthquake beyond repair. The building became infamous for being the first New Zealand demolition by implosion in August 2012.[22] The implosion was conducted by US specialists and went without problems, providing reassurance for contractors planning to carry out similar operations.

Community Radio Network

The Radio Network previously ran a group of provincial radio stations known as the Community Radio Network. Established in June 1998, the network retained the local names and live breakfast shows of each station but began broadcasting a network feed from Taupo for other times of the day. The line-up included Mark Bramley (10a - 2p), Aaron Gillions, Scott Armstrong and Brian Gentill (2p - 7p), and Peter Gosney, Corey K and Duncan Allen (7p - 12a). Other voices heard on the network included Geoff Bargas, Rebecca Ali, Nadine Christiansen, Sarah McMullan, Chris Auer, Marke Dickson and Paul Frost.

On 1 December 2000 CRN stations joined the Classic Hits programme fed from Cook Street Auckland, also operated by TRN. Where the station had both an FM and AM frequency the FM frequency was usually used to broadcast a localised version of Classic Hits while the AM frequency was used to broadcast Newstalk ZB. Two stations, Radio Waitomo 1ZW and King Country Radio, have closed down. Others continue to operate as The Hits stations, including Tokoroa's Radio Forestland, Taupo's Lakeland FM, Gisborne's 2ZG, Masterton's Radio Wairarapa and Wanganui's River City FM. It also included South Island stations Radio Marlborough in Blenheim, Scenicland FM on the West Coast, 3ZE in Ashburton, Radio Caroline in Timaru and Radio Waitaki in Oamaru.

Current networks

The NZME radio networks are the result of the re-branding of the Community Radio Network and several further years of brand consolidation. In 2004, Cool Blue 96.1FM in Auckland became the first Flava station and Jammin' Oldies in Hawke's Bay became the first Coast station. Original stations of The Breeze in Auckland and Hamilton, 2QQ in Palmerston North and The Planet 97FM in Nelson became ZM. Classic Rock 96FM in Hawke's Bay was replaced with Radio Hauraki. The station once known as Easy Listening i has subsequently been rebranded as Viva FM, Easy Mix, Mix 98.2 and now Gold (on 105.4FM).

In 2014, the entire Classic Hits network was rebranded as The Hits. Newstalk ZB and The Hits now reach 25 markets, and ZM and Gold AM reach 19 markets. Radio Hauraki reaches 16, Coast reaches 12, and Flava reaches 8.[23]

References

  1. ^ a b "APN to rebrand as NZME". The New Zealand Herald. Retrieved 24 September 2014.
  2. ^ Dann, Liam. "Three into one as APN becomes NZME". The New Zealand Herald. Archived from the original on 26 August 2016. Retrieved 25 September 2014.
  3. ^ "Fairfax no comment on APN speculation". Stuff. Archived from the original on 4 November 2016. Retrieved 17 September 2014.
  4. ^ Mason, Max. "APN News & Media considers NZ assets spin-off". Australian Financial Review. Archived from the original on 20 August 2016. Retrieved 1 September 2014.
  5. ^ "NZME Limited; Fairfax New Zealand Limited". Commerce Commission. Archived from the original on 17 June 2020. Retrieved 4 September 2020.
  6. ^ Pullar-Strecker, Tom (25 September 2018). "Stuff, NZME lose at Court of Appeal over merger". Stuff. Archived from the original on 6 June 2020. Retrieved 4 September 2020.
  7. ^ "NZME and Stuff pull plug on merger". Newsroom. 24 October 2018. Archived from the original on 4 September 2020. Retrieved 4 September 2020.
  8. ^ "NZME confirms it is in discussions to buy Stuff". Radio New Zealand. 19 November 2019. Archived from the original on 26 February 2020. Retrieved 4 September 2020.
  9. ^ Malpass, Luke; Watkins, Tracy (19 November 2020). "Kiwishare model mooted to protect journalism in new NZME-Stuff takeover bid". Stuff. Archived from the original on 6 June 2020. Retrieved 4 September 2020.
  10. ^ Edmunds, Susan; Pullar-Strecker, Tom (14 April 2020). "Media company NZME cuts workforce by 15%". Stuff. Archived from the original on 13 April 2020. Retrieved 13 April 2020.
  11. ^ "Live Covid-19 updates from New Zealand and around the world on 14 April". Radio New Zealand. 14 April 2020. Archived from the original on 13 April 2020. Retrieved 13 April 2020.
  12. ^ Andelane, Lana (11 May 2020). "Nine Network says talks with NZME over Stuff acquisition were 'terminated' last week". Newshub. Archived from the original on 12 May 2020. Retrieved 19 May 2020.
  13. ^ "World Politics Pacific Te Ao Māori Sport Business Country Local Democracy Reporting Comment & Analysis In Depth Weather BUSINESS MEDIA & TECHNOLOGY11 May 2020 NZME makes offer to buy rival Stuff for $1". Radio New Zealand. 11 May 2020. Archived from the original on 15 May 2020. Retrieved 19 May 2020.
  14. ^ "Response to NZME Announcement" (PDF). Australian Stock Exchange. 11 May 2020. Archived from the original (PDF) on 16 May 2020. Retrieved 19 May 2020.
  15. ^ Gay, Edward (15 May 2020). "Media firm NZME set out to hurt Stuff as buyout bid turned sour - lawyer". Stuff. Archived from the original on 19 May 2020. Retrieved 19 May 2020.
  16. ^ "NZME declined an interim injunction against Stuff owner Nine". Radio New Zealand. 19 May 2020. Archived from the original on 19 May 2020. Retrieved 19 May 2020.
  17. ^ "NZME loses interim injunction against Stuff owner Nine". Newstalk ZB. 19 May 2020. Archived from the original on 19 May 2020. Retrieved 19 May 2020.
  18. ^ "ABC statistics". New Zealand Audit Bureau of Circulation. Retrieved 9 February 2013.
  19. ^ "NAB - New Zealand Herald". Newspaper Advertising Bureau. 2012. Archived from the original on 8 May 2012. Retrieved 23 May 2012.
  20. ^ https://advertising.nzme.co.nz/
  21. ^ Walters, Laura (23 September 2019). "Chinese NZ Herald under Chinese state 'control' - experts". Newsroom. Retrieved 23 September 2019.
  22. ^ "Radio Network House imploded". The Press. 5 August 2012. Archived from the original on 21 December 2012. Retrieved 6 August 2012.
  23. ^ "Radio Brands". Radio Bureau. Archived from the original on 14 October 2014. Retrieved 15 October 2014.
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