In New Zealand, digital revenue grew by a quarter, driven by mobile video and native advertising. The New Zealand business is having to deal with that but it's dealing with it extremely well." It shows Fairfax Media's New Zealand newspapers and website Stuff have achieved significant cost reductions and simplification of operations over the past year. Hywood said there was always the possibility Fairfax could enter that market in New Zealand, but the structure would be different in each country. Its New Zealand online audience had grown 11 per cent over the year.

Source: Stuff August 09, 2016 23:40 UTC