APN News & Media Limited Thursday announced two key digital acquisitions in Australia and New Zealand as part of the company’s strategy of building APN’s position and capabilities in key digital markets.
APN has entered into an agreement to acquire a controlling stake in CC Media, a leading, profitable high-growth online catalogue digital distribution business in [...]

The chairman and chief executive of News Limited, John Hartigan, announced that the company has agreed to acquire Australia and New Zealand’s leading online parenting destination Kidspot and related companies. The deal, of which details are not being disclosed, is expected to complete on July 4.
Mr Hartigan said that the acquisition of Kidspot was a [...]

TNT has expanded its reach into the southern hemisphere with a raft of new travel publications under its wing. The company’s publisher, TNT Publishing Ltd – has acquired TNT Magazine Australia and New Zealand, reuniting the three publications.
TNT CEO Kevin Ellis said it was the right time to realize the Company’s next ambition – to [...]

The New Zealand Overseas Investment Office (OIO) has given the go ahead to SkyCity’s plans to take full control of Queenstown and Christchurch casinos. The deal involves assets worth an estimated $246 million. However, the NZX-listed SkyCity Entertainment Group appears to have shelved the offer.
SkyCity, the Australasian tourism and leisure giant had launched an expansion [...]

According to the New Zealand Herald, SkyCity Entertainment Group is pushing ahead with its planned expansion into Adelaide’s riverfront, as its Christchurch base operations remain closed. SkyCity is forging ahead with the $339 million expansion, as it recounts losses from the closure of its Christchurch operations for weeks, reported the Herald.
However, the Adelaide plans are [...]

Australasia expanse’s foremost media firm APN News & Media Friday announced it has acquired the billboard assets of OGGI. Commenting on the acquisition, APN Chief Executive Brett Chenoweth noted that APN Outdoor has strong momentum at the moment. Brett said the firm delivered an excellent result in 2010 and this move supports APN Outdoor’s position [...]

The biggest computer generated (CG) animation studios in New Zealand commenced its operations in Auckland. The investment in the studios was a joint venture undertaking between Oktober, the Australian owned company that is part of the larger OmniLab Media group and Backyark Animation Pictures, the American owned animation company. The JV partners expect the studios [...]

British Pay-TV operator, Sky Television, Friday announced it had purchased outside broadcast operator, OnSite Broadcasting New Zealand at an investment worth $13.5 million. OnSite is owned by Prime Media Group, an Australian media company the British broadcaster had contracted for all of its sports broadcasting.
In the investment deal, Sky reported that it would go into [...]