APN News & Media

APN News & Media
Public
Traded as ASX: APN, NZX: APN
Predecessor Australian Provincial Newspapers Ltd
Headquarters 100 William Street
Sydney, Australia
Area served
 Australia and New Zealand
Website www.apn.com.au

APN News & Media Limited is an Australian and New Zealand[1] media company. Divisions include newspaper publishing, online publishing, broadcast radio and outdoor advertising in Australia and New Zealand. APN's two largest shareholders are the Australian fund manager Allan Gray Australia and Rupert Murdoch's News Limited.[2][2] Irish company Independent News & Media and Denis O'Brien's Baycliffe held an approximately 30% stake in the company before selling it in March 2015.[3]

History

APN News & Media had its origins in Provincial Newspapers (QLD) Ltd, or PNQ, a listed company that published regional newspapers in Queensland and New South Wales. The Herald and Weekly Times, which owned a significant proportion of PNQ, was taken over by News Limited in 1987. To comply with an order of the Australian Trade Practices Commission, News Limited was required to sell its PNQ shares. The 48% stake in PNQ was acquired in 1988 by interests associated with the family of Tony O'Reilly, the principal shareholder of Independent Newspapers PLC of Ireland.[4]

The company was renamed Australian Provincial Newspapers Holdings Ltd, and listed again on the ASX in 1992 following a public share issue, and in 1988 the name was changed to APN News & Media Ltd.[5]

In 2015 the company announced it would sell its regional newspaper division, Australian Regional Media, to News Corp Australia for $36.6 million.[6] The deal is currently subject to approval by the Australian Competition & Consumer Commission.

Australian publishing

Queensland

Rockhampton area

New South Wales

New Zealand publishing

Bay of Plenty area

Hawkes Bay

CHB Mail Dannevirke Evening News

Northland

Other publications

Online publishing

APN Online Australia

APN Online New Zealand

Radio broadcasting

ARN

Australia

Classic Hits/Pure Gold
KIIS
Other Stations

Radio Network (New Zealand)

Out of home advertising

References

  1. ↑ Tarr, Sophie (22 March 2011). "Natural disasters hit APN News & Media". Pacific Area Newspaper Publishers’ Association. Retrieved 7 November 2011.
  2. 1 2 "Investor Relations - APN". investorcentre.apn.com.au. Retrieved 2015-09-08.
  3. ↑ "UPDATED: News Corp buys APN stake in share sale". Retrieved 2015-09-08.
  4. ↑ Kirkpatrick 1994, p. 111.
  5. ↑ "APN News & Media Limited". List of companies. Archived from the original on 15 August 2016. Retrieved 15 August 2016.
  6. ↑ "APN chairman lauds 'milestone' $36.6m News deal". NewsMediaWorks. NewsMediaWorks. Retrieved 10 November 2016.
  7. ↑ "About Us". APN News & Media. Retrieved 20 October 2016.
  8. ↑ https://mumbrella.com.au/apn-news-media-buy-rest-adshel-404023
  9. ↑ http://www.theaustralian.com.au/business/media/apn-to-take-full-ownership-of-adshel-for-268m/news-story/2ed4d0a4019d143ccddb5d44ab945b30

Bibliography

External links

This article is issued from Wikipedia - version of the 11/11/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.