QMS to buy rest of Mediaworks in push across Tasman

Hal Crawford

April 7, 2025 9:40

Outdoor company QMS has expanded its footprint in New Zealand, announcing its intention to buy up the remainder of radio network Mediaworks in a deal that prepares it to pounce on rich contracts under tender from Auckland Transport (AT).

QMS has agreed to buy Oaktree Capital’s 45% stake in Mediaworks, subject to regulatory approval. Mediaworks is primarily a radio network, but through previous mergers with QMS also owns QMS’s former NZ OOH holdings, which include production operations.

QMS billboard near the Auckland Sky Tower

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Hal Crawford

Crawford has worked across news media over a 30-year career, including running Ninemsn editorial in Sydney (editor-in-chief and publisher) and the TV3 newsroom in Auckland (chief news officer).

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