NZME reaches a milestone some thought impossible

NZME has reached a milestone: Its digital publishing business is now profitable on a stand-alone basis. That means it can cover its newsroom and editorial costs without relying on its print operations.

The publisher and broadcaster highlighted the landmark in an investor presentation last week that was a commendably wide and deep appraisal of the group’s current and future prospects. At the same time, it gave some useful insights into the country’s overall news media landscape.

It was common knowledge that NZME’s digital strategy was tracking in the right direction but there were still a few surprises in the two-hour session that included a 150-slide PowerPoint presentation. Continue reading “NZME reaches a milestone some thought impossible”

Dregs in the paywall teacup

 

I have been reading the tea leaves in the bottom of the online subscription cup.

My fortune-telling has been assisted by some very interesting international statistics.

The pattern in the bottom of the cup is telling me that the winner-takes-most paywall phenomenon that has characterised the US market may not be repeated in the New Zealand market in the longer term. Continue reading “Dregs in the paywall teacup”