Southern Cross Media confirms interest in New Zealand radio assets of NZME

February 27, 2017 1:06

A week after posting solid financial results, Southern Cross Media Group has confirmed speculation it is running its eye over the radio assets of NZME in New Zealand.

In a statement to the market, made after a report in The Australian, the TV and radio broadcaster said that it had expressed an interest in the radio assets.

NZME is also currently in discussions about a possible merger with Fairfax.

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Simon Canning

Simon Canning was Mumbrella's marketing and advertising editor from 2015-2017. In a career spanning journalism and communications over more than 30 years Simon has become one of Australia’s most respected analysts and commentators on the advertising, marketing and media industries. A regular commentator on radio and TV, Simon has also worked in media in the US and UK .

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