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General Business
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NZME profit halves as ad market slows

Media group points to softening economic outlook.

Tim Hunter
Thu, 23 Aug 2018

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
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NZME profit halves as ad market slows
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