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Ad revenue languishing towards Christmas: NZME

Ahead of investor day, listed media firm says confidence is up but advertising spending decisions are being deferred to 2024.

NZME CEO Michael Boggs.

Dita De Boni Wed, 15 Nov 2023

Listed media firm NZME has this morning signalled, ahead of its investor day event, that advertising revenues have remained subdued even while overall business confidence in New Zealand has improved.

In the first half of the current financial year advertising revenue was down 7% year on year; the

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Ad revenue languishing towards Christmas: NZME
Investment,
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