- Publish Date
- Friday, 17 July 2020, 1:43PM
Private equity company Mercury Capital - the new owner of Bauer New Zealand's magazine titles - said its flagship publications would resume immediately.
The New Zealand portfolio will consist of flagship titles Woman's Day, New Zealand Woman's Weekly, and The Australian Women's Weekly NZ, along with home category leader Your Home & Garden, current affairs weekly NZ Listener and Air New Zealand's award-winning magazine Kia Ora.
The portfolio will also include websites Now to Love, Homes to Love and Beauty Heaven. Property Press, which resumed publishing shortly after Covid-19 Level 4 restrictions were lifted, will also be part of the new portfolio.
In addition, a selection of Australian titles are being distributed into the New Zealand market.
Brendon Hill, Bauer ANZ CEO, said he was "delighted' to see the return of some of New Zealand's best-known titles.
"The return of our New Zealand operation is a green shoot during a challenging time and hopefully a sign of more positive news to come in the local media industry," he said in a statement.
"We had always remained hopeful that we would be able to resume operations - the easing of Covid-19 restrictions and a more promising advertising market has allowed us to do that.
"As conditions improve, we hope to continue to expand our NZ operations," he said.
The New Zealand business will be headed up by Stuart Dick as general manager and Sarah Henry as editorial director.
They who will be joined by a team of around 40 local editorial and advertising personnel.
Both magazines will resume publication as soon as possible.
This article was first published on nzherald.co.nz and is republished here with permission.