It's going to be pretty hard for analysts to continue to write down the value of NZM's 'old' media assets as worthless if they end up locking in a deal with the tech giants to pay for media content.
In Australia, there are a number of media publications also included in Apple news+ service. It's highly likely that Apple's news+ will be expanded to included other countries including NZ... and there is a media company they would need to do a deal with for content in NZ, NZM is going to be right up there on their list.
Ann: Update on engagement with Global Digital Platforms, page-2
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Last
93.5¢ |
Change
-0.030(3.11%) |
Mkt cap ! $174.5M | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | 96.0¢ | 93.5¢ | $174.9K | 184.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21325 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 15000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NZM (ASX) Chart |