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.
If a New Zealand-focused deal between Fairfax and APN gets approval readers can expect less access to local news content.
The sale of APN's regional newspaper arm could see Rupert Murdoch's News Corp buy back the papers it sold in the '80s.
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…