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14 Nov 2025 8:44
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  •   Home > News > Business

    It's been a huge year for NZME -- keeping the country informed during a global pandemic

    It's been a huge year for NZME -- keeping the country informed during a global pandemic


    The company's made a 14.2-million dollar profit after tax in 2020 and enjoyed three per cent growth.

    During lockdown, more than twice as many Kiwis tuned into Newstalk ZB and NZ Herald online.

    But, at the same time -- cash flow from advertising dropped almost 50 per cent across every platform.

    Chief Executive Michael Boggs says there's been extreme demand for product - but lower revenue.

    He says teams worked extremely hard to engage audiences - and while revenue dropped 11 per cent this year, they stilled returned a solid result.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     14 Nov: Historically low migration figures are telling the story of our labour market
     13 Nov: The Finance Minister's being urged to take urgent and decisive action on our banking sector
     13 Nov: The net migration gain annually to September was the lowest for a September year in more than a decade - excluding the pandemic years
     13 Nov: Associate Education Minister David Seymour's blaming strike action for poor school attendance
     13 Nov: The Commerce Commission is still weighing up whether to allow banks and major retailers to negotiate as a group with Armourguard, the country's only cash transit service
     13 Nov: One of the final slices of real estate in Christchurch's Cathedral Square is on the market
     13 Nov: Visitors to Aoraki Mt Cook will face daily parking rates of 25 dollars under a new pricing plan
     Top Stories

    RUGBY RUGBY
    Samoa or Belgium will take the last place at the men's 2027 Rugby World Cup in Australia More...


    BUSINESS BUSINESS
    Historically low migration figures are telling the story of our labour market More...



     Today's News

    Rugby:
    Samoa or Belgium will take the last place at the men's 2027 Rugby World Cup in Australia 8:17

    Entertainment:
    Timothée Chalamet was disappointed not to win the Best Actor Oscar this year 8:12

    Law and Order:
    Detection is not prevention: will drug testing drivers really make NZ roads safer? 8:07

    Law and Order:
    Detectives from Hastings and beyond are looking into the potential homicide of a woman who died in the suburb of Camberley last month 8:07

    International:
    Trump has floated a 50-year mortgage to help first-time buyers. Could it work? 7:57

    Politics:
    The Privacy Commissioner is calling for changes to the Privacy Act, following an increased number of complaints and breaches 7:56

    Law and Order:
    Alcohol, illicit drugs and prescription medication has proven to be a fatal combination in a Canterbury crash 7:46

    Entertainment:
    Prince Harry has apologised to Canada for wearing a Los Angeles Dodgers cap as he attended the team's World Series game against the Toronto Blue Jays 7:42

    Law and Order:
    A wastewater treatment plant is once again sending a bad smell across Lower Hutt 7:36

    Technology:
    Epstein email says Andrew had photo taken with accuser Virginia Giuffre 7:26


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