The company reported a $77.6m loss for the 12 months ended December 2024.
Discovery paid $20m in cash for MediaWorks' television assets in 2020.
New 10-year commercial agreement expected to at least double returns for bus, road, and railside billboard assets from next year.
The company is shedding its advertising arm, which is being consolidated into a related entity.
But NZME hinted at its annual meeting it is still keen on Stuff’s publishing assets.
The deal sees Trade Me acquire a stake in the company that owns the stuff.co.nz website.
The radio broadcaster and outdoor advertising firm has reported increased revenue and underlying earnings.
Digital outdoor advertiser QMS has acquired the 45% of MediaWorks it did not already own.
Annual exports for New Zealand's video game sector, for instance, exceed pharmaceuticals, iron and steel, and wood pulp.
The newly formed Thompson Spencer Group has global ambitions.