APN buys NZ sports tipping site

APN News & Media has bought New Zealand sports tipping site Jimungo, saying it lent itself to high audience engagement through interaction and participation in sports events.

Jimungo, bought from Affinity ID, had around 300,000 registered users and ran tipping competitions across all major sports. It was a strong fit for nzherald.co.nz's sports content, APN said today.

The company also announced it had agreed to buy a controlling stake in Australian online catalogue digital distribution business CC Media.

That deal provided it with a national position in the online advertising market, APN said.

APN chief executive Brett Chenoweth said the deals were a clear pointer to APN's strategy in terms of connecting its existing media assets with high growth digital businesses.

APN expected the investments to grow into an increasingly important contribution to its earnings in the next two to three years.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Devon Funds Morning Note - 14 October 2025
October 15th Morning Report
Scott Secures $44M Appliance Contracts Across Americas
October 14th Morning Report
Can reporting what a witness says ever be an attempt to "harass and attack"?
Rakon director appointment
October 13th Morning Report
BPG - Quarterly Report Investor Webinar
RYM - Second quarter trading update
October 9th Morning Report