Peter Cosgrove | radioinfo

Peter Cosgrove

APN to focus on radio

Wednesday 17 August, 2016

As foreshadowed by APN, and reported earlier this year on radioinfo, APN is off-loading its regional newspapers to concentrate on its 'growth assets' radio (ARN), outdoor and digital.

APN shareholders overwhelmingly approve NZME demerger

Thursday 16 June, 2016

APN News and Media Limited shareholders have voted in favour of the demerger of its New Zealand business NZME.
It was an overwhelming vote with 99.98% of shareholders in favour.
APN and Fairfax confirmed NZ merger plans following the May AGM, with APN extending a halt in trading on the stock exchange.

Radio grows to almost half of APN’s earnings

Wednesday 06 May, 2015

APN, parent company of ARN, iHeartRadio and NZME, held its annual general meeting this morning, revealing a 25% increase in net profit after tax, driven heavily by its radio branches.

Radio nearly doubled its proportionate share of APN’s earnings in 2014 from 26% - 47%.

APN announces board changes after INM sell down

Thursday 26 March, 2015

ARN's parent company, APN News & Media Limited, has announced the appointment of Sir John Anderson to the Company’s Board, as an independent non‐executive director.

The Company also announced Vincent Crowley, a director representing Independent News & Media PLC (INM), would not be seeking re‐election at the APN Annual General Meeting on 6 May 2015, following the recent share sell‐down by INM of its entire 18.6% stake in APN.

APN's New Zealand operation plans listing, nominates new chairman

Thursday 09 October, 2014

APN's New Zealand operation, now rebranded NZME, has moved one step closer to its planned listing on the NZ stock exchange, with the apointment of a company chairman (designate).

APN News & Media Limited announced the appointment of Sir John Anderson as Chairman designate for a new company that will own the newly re-branded NZME businesses (see our earlier report).

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