Fairfax extends its reach with island paper
Fairfax Media is in the final stages of acquiring another newspaper to add to its network with the purchase of the Waiheke Marketplace.
The Waiheke Island weekly free community paper will come under the Suburban Newspapers Auckland network.
Suburbans general manager David Penny says the paper serves a vibrant and unique community on the Hauraki Gulf island.
“Owner Jo Holmes and her staff have created a weekly paper that deservedly enjoys a fine reputation and leading position,” Mr Penny says.
“Fairfax Media believes the island has good potential for growth but recognises that there are issues that are unique to island communities.
“We are looking forward to working alongside some very good people and have been impressed with the commitment of the staff to the paper,” he says.
Fairfax Media plans to retain staff but bring increased resources to develop the paper.
Mr Penny says Fairfax Media has a wealth of experience in publishing quality community papers, with a countrywide network of more than 60 titles.
The company has an ongoing commitment to those papers, recognising their value and special place within their communities.
It is likely the Waiheke Marketplace will become more involved in the local community through increased sponsorship and events.
Mr Penny says he is looking forward to working with the staff, community leaders, associations and businesses, because Fairfax Media welcomes local input on opportunities to improve the paper.
“It is a good newspaper with an established reputation and we think it will fit well within the stable of quality papers throughout Auckland,” he says.