The Listener and other mags return but some may not
Mercury Capital, new owner of Bauer Media’s titles in New Zealand, says it will resume publishing immediately – but only for some of the titles previously produced.
The New Zealand portfolio will consist of flagship titles challenging time and hopefully a sign of more positive news to come in the local media industry.
‘‘We had always remained hopeful we would be able to resume operations – the easing of Covid-19 restrictions and a more promising advertising market has allowed us to do that. As conditions improve, we hope to continue to expand our NZ operations.’’
The New Zealand business will be headed up by Stuart Dick, general manager, and Sarah Henry, editorial director, who will be joined by a team of about 40 local editorial and advertising personnel. Operational support will be based in the Australian offices.
Hill confirmed subscribers who had missed issues of the titles that were resuming would have them added to their subscriptions. Delivery of magazines will resume in early September.
The business will continue to trade under the Bauer name in New Zealand and Australia while a rebrand is under way. A new brand and strategy is set to be announced in the coming months.