Michael Boggs: NZME chief executive on the tough trading environment impacting the media sector
New Zealand Media and Entertainment (NZME) says its first-half revenue was slightly up on the year before, despite a tough trading environment.
The media group behind the New Zealand Herald, BusinessDesk, Newstalk ZB and OneRoof reported a first-half net profit of $1.9 million, down 4.3 percent on the year before.
However, there was a 3 percent lift in operating revenue and other income to $171 million.
NZME chief executive Michael Boggs says the company will be in for a tough few months - but hope is returning to the economy.
"We are seeing signs of improvement, we're obviously seeing the…
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