New Zealand Media & Entertainment (NZME)

New Zealand Media & Entertainment (NZME)

New Zealand Media & Entertainment, also known as NZME, is a publicly owned company headquartered in New Zealand. Founded in 2001, with approximately 990 employees, it provides marketer and agency technology. The company operates a portfolio of newspapers, radio stations, and digital platforms.

Revenue

Founded

2001

Headcount

987

Headquarters

New Zealand

Primary Segment

Marketer and agency technology

Ownership

Publicly Owned

News Summary:

Dunedin city councillor Benedict Ong’s bid to secure a seat on the board of NZME failed, falling 98% short of the required votes, according to reports on April 25 following the company's annual shareholders’ meeting. Previously, at the annual meeting on April 22, chairperson Steven Joyce informed shareholders that current global volatility, particularly the conflict in the Middle East, could create uncertainty for the company's outlook for the balance of the year. During the same meeting, a shareholder questioned the board regarding CEO Michael Boggs’ pay and succession plans, noting that Boggs had been paid $15.58 million by the company since 2016. Earlier on April 22, Joyce also stated that an independent review of employment practices, conducted after the dismissal of three executive staff members, indicated that management needed to do more to promote and maintain a supportive and respectful work environment.

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New Zealand Media & Entertainment (NZME) offers products in the ad tech and services industry. New Zealand Media & Entertainment (NZME)'s product portfolio comprises of marketer and agency technology.
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Examples of New Zealand Media & Entertainment (NZME)'s suppliers include StreamGuys and DanAds.

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