NZME profit halves as ad market slows
Media group points to softening economic outlook.
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An advertising slowdown and higher costs have pushed interim profit sharply down for publisher and broadcaster NZME amid a weaker outlook for the full year.
Chief executive Michael Boggs said it was a good outcome to limit revenue declines in challenging market conditions.
“While we are
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Tim Hunter
Thu, 23 Aug 2018
Thu, 23 Aug 2018
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