Fairfax and APN to merge printing operations
New Zealand's two news giants are looking to economise.
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EARNINGS
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Fairfax and APN are looking at ways to economise by potentially merging their printing operations.
Both companies have been discussing a joint venture for printing and distribution, however neither company is talking specifics and a deal is not guaranteed.
APN chief executive Brett Chenoweth told The Australian companies need to move with the times.
“The industry is changing. In a digital world it makes sense for media companies to look at infrastructure-light business models,” he told The Australian.
“We need to focus on content, editorial, sales and marketing through a range of different platforms.”
A similar situation exists in Australia where Fairfax and News Limited are considering a partnership to reduce costs.
In New Zealand the media landscape is dominated by Fairfax and APN.
Last week, CourierPost, Fairfax Media and Netlink announced a new partnership to distribute and deliver newspapers and magazines.
The partnership takes effect July 1 from when CourierPost will distribute Fairfax Sunday papers (Sunday Star-Times and Sunday News) nationwide and Netlink takes over magazine circulation distribution services for Fairfax’s magazines.
NBR staff
Thu, 28 Apr 2011
Thu, 28 Apr 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Fairfax and APN to merge printing operations
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