HomeWorld

MediaWorks sold to Australian media company for $130m

World 1 source 1 country 🔦 Under-reported 53m ago

Australian media company Sports Entertainment Group Limited has purchased New Zealand media organisation MediaWorks for NZ$130 million. The transaction marks the return of the Australian firm to the New Zealand market operating in the audio sector.

The acquisition transfers ownership of MediaWorks across the Tasman, integrating it into Sports Entertainment Group Limited's broader media operations.

In-depth summary · AI, neutral
Read the full story at the source Stuff (Wellington/Auckland, New Zealand) · NZ
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →