Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Life & Leisure To Join Fairfax Media Magazines

22 November 2007

Life & Leisure To Join Fairfax Media Magazine Stable

Fairfax Media is to purchase the leading lifestyle magazine NZ Life & Leisure from R M Williams Publishing for an undisclosed sum.

Audited national circulation of NZ Life & Leisure is 25,000 and readership 79,000.

Fairfax Media Chief Executive Joan Withers said NZ Life & Leisure was one of the outstanding success stories in New Zealand magazine publishing, having established an ultra premium positioning in a little under three years since its start up.

“We are delighted that we have been able to secure ownership of this award winning title,” said Ms Withers.

“It is a natural fit with other leading national lifestyle titles such as Cuisine, NZ House & Garden and New Zealand Gardener.

“Our investment is recognition of the title’s standing in the market, and the exciting commercial future Fairfax Media sees for magazines of this genre. This is the second lifestyle title we have purchased in 2007 ( the other being Avenues in May ).

“NZ Life & Leisure has a reputation for extremely high production values and writing standards. Under Fairfax Media ownership these will be maintained.

“It also has the fastest growing circulation of any lifestyle magazine, and Fairfax Media will support founding Editor Kate Coughlan and National Sales Manager Trudy Parsons Smith, as they continue to grow the title’s reputation and readership.”

NZ Life & Leisure Editor Kate Coughlan said joining the Fairfax Media stable of titles would open up greater opportunities for the magazine to continue its powerful growth.

“R M Williams Publishing has been an outstanding and totally supportive proprietor, and its commitment has been the base from which we have been able to achieve our current strong position.

“Fairfax Media’s experience, expertise and heritage as a magazine publisher will give us the future backing necessary to take NZ Life & Leisure to the next stage of its development.

“We have ambitious yet attainable goals for the circulation of the magazine, which was named 2006 Lifestyle Magazine of the Year, and for delivering to the high expectations of our readers and advertising supporters.

“This is a very positive step for NZ Life & Leisure.”

Fairfax Media now publishes a total of 19 titles.

The sale and purchase is subject to final documentation.


ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Statistics: Consents Remain At Record Levels
There were 47,715 new homes consented in the year ended October 2021, up 26 percent compared with the year ended October 2020, Stats NZ said today. "The year ended October 2021 marks another record for the annual number of new homes consented,” construction statistics manager Michael Heslop said... More>>



Foodstuffs: New World & Four Square Trial NZ’s First Grocery Delivery Offer With Uber Eats

New World & Four Square have partnered with Uber Eats to unlock the first grocery offering available on the platform in Aotearoa. For New World and Four Square it’s yet another way to put New Zealanders first, particularly with those inevitable last-minute grocery needs... More>>

Digitl: Download 2.0 – Vodafone Wi-Fi Calling hits early milestone
Vodafone says it has 10,000 customers using its Wi-Fi Calling service. It took less than three months to reach that milestone; the service began operating in September... More>>



ABC Business Sales: Demand High For Covid-proof Businesses
Despite the continuing challenges facing businesses in this Covid environment, right now there are more buyers looking for a small-medium sized business than there are sellers in the market... More>>


PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>

NZ Skeptics Society: Announce Their 2021 Awards, And Dr Simon Thornley Wins The Bent Spoon

Every year the New Zealand Skeptics presents its awards to people and organisations who have impressed us or dismayed us, and this year it’s been hard to pick our winners because there have been so many choices!.. More>>



REINZ: Sales Volumes Leveling Out

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 44 fewer lifestyle property sales (-2.6%) for the three months ended October 2021 than for the three months ended September 2021... More>>