APN NZ rebrands business to NZME
APN News and Media has rebranded its New Zealand assets under a new company NZME, as it moves towards a sell-off of the business.
The company owns several major media assets in the country including the NZ Herald, The Radio Network which includes NewsTalk ZB, magazines including That’s Life and Girlfriend and online group buying site GrabOne. NZME stands for New Zealand Media and Entertainment.
Earlier this month APN took the unusual step of admitting it was looking to float the assets on the NZ stock exchange, as it looks to sure up its balance sheet, and last week announced a raft of new management appointments.
The release:
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