APN News & Media

APN News & Media
Public
Traded as ASX: APN, NZX: APN
Predecessor Australian Provincial Newspapers
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 News Corp Australia.[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 (PNQ), a listed company that published regional newspapers in Queensland and New South Wales. The Herald & 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 of Ireland.[4]

The company was renamed Australian Provincial Newspapers Holdings and listed again on the Australian Securities Exchange in 1992 following a public share issue, and in 1998 the name was changed to APN News & Media.[5]

In 2016 the company announced it would sell its regional newspaper division, Australian Regional Media, to News Corp Australia for $36.6 million.[6] The deal was reviewed but not opposed by the Australian Competition & Consumer Commission.[7]

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

Australian Radio Network

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. Archived from the original on 22 March 2012. 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. ↑ ACCC will not oppose News Corporation's proposed acquisition of APN's Regional Media Division Australian Competition & Consumer Commission 8 December 2016
  8. ↑ "About Us". APN News & Media. Retrieved 20 October 2016.
  9. ↑ https://mumbrella.com.au/apn-news-media-buy-rest-adshel-404023
  10. ↑ http://www.theaustralian.com.au/business/media/apn-to-take-full-ownership-of-adshel-for-268m/news-story/2ed4d0a4019d143ccddb5d44ab945b30

Bibliography

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