Media companies say their results are an indicator of a transformation taking place from traditional business to newer profitable digital platforms, but it seems the proof is still missing.
Mergers are the next logical step as media leaders chase profits.
Paul Miller/AAP
APN News & Media is mulling a float of its New Zealand media assets including its masthead The NZ Herald, The Radio Network (TRN) and group buying site GrabOne. The company is potentially selling 60…