close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
4 mins to read

Soft property market hits NZME ad revenues in interim result

CEO Michael Boggs says current half better already – with election, Rugby World Cup, and Christmas yet to unfold.

NZME took a hit from a soft property market and low consumer confidence in the first half of 2023.

Dita De Boni Fri, 25 Aug 2023

The soft property market, particularly in Auckland, and low consumer confidence has contributed to delays and deferrals in advertising spend, affecting listed media concern NZME’s half-year result.

The company’s total revenue of $166 million was a decline of 6% from the same period last year. It

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Dita De Boni Fri, 25 Aug 2023
Contact the Writer: dita@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Soft property market hits NZME ad revenues in interim result
Investment,
100584
true