Learning Media Acquisition Strengthens Position

MEDIA RELEASE

10 April 2011 For immediate Release

Learning Media Acquisition Strengthens Leading Market Position

On 1 April Learning Media Limited finalised an agreement with CWA New Media to acquire its business, bringing together two leaders in education resource and professional development services.

“Everyone in both companies – managers and staff alike – are very excited about joining together to create a company with an enhanced capacity to deliver world-class educational solutions for learners of all ages, across the widest possible range of channels and media”, announced David Glover, Learning Media’s chief executive.

“CWA New Media’s strong background in online education and digital development is the perfect complement to Learning Media’s core expertise in education resource development and publishing, professional development and consultancy services nationally and internally. The partnership of two leading players gives us a strength and depth unmatched in the New Zealand educational materials and services market.”

“We plan to retain CWA New Media’s widely-respected brand identity for the immediate future, trading as a division of Learning Media Limited. CWA’s directors David Copeland, Jill Wilson and Kath Norton join Learning Media’s leadership team. In due course, both arms of the company will be co-located in Learning Media’s offices in Willeston St, Wellington”.

ENDS

About Learning Media
State-owned enterprise Learning Media is New Zealand’s oldest and largest locally-owned educational materials and services company. For more than 100 years, the company (and its predecessors) have been developing award-winning services and products that contribute significantly to education in New Zealand and internationally. Many of the core instructional resources and professional development programmes used in New Zealand’s schools are developed for the Ministry of Education by Learning Media. It is New Zealand’s largest publisher of te reo Māori and Pasifika education resources.

The company manages and develops education resources for the Ministry of Health as well as working for many other corporate and public sector clients. Its innovative educational materials have been developed for international markets and are used in schools in the United States, Canada, Europe, Singapore, Australia and Pacific nations.

About CWA New Media
For over 15 years CWA New Media has been an agent for change in the education sector, developing tools, resources and strategies to connect people involved in learning in Aotearoa - New Zealand. It is now at the forefront of enhancing educational and other resources with increasing interactivity.

CWA brings to Learning Media a multidisciplinary team, including experts in education, as well as proven project managers, programmers and media specialists.

A feature of CWA’s work is the networking of human and other resources to provide participants with the greatest possible visibility of their options, choices and “next steps” for professional and personal growth.
ENDS

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