Communicado sells down stake

Television production companies Communicado and Screentime are to consolidate. Communicado said yesterday it had sold a major shareholding to Screentime with a view to consolidating the operations of the two companies.

There has been speculation about Communicado's ownership since its founder, the late Neil Roberts, left the company to take up a role with TVNZ.

Communicado joint managing directors Robin Scholes and Alan Withrington said the deal was the ideal way forward for Communicado.

They said it was harder and harder to operate smaller businesses.

Wellington production company Ninox Films was placed in receivership last month despite making seemingly successful productions.

Screentime is known for its top-rating manufactured girl group show Popstars, a local format successfully transferred to Australia.

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:

RYM - FY26 marks significant year of progress
FPH reports strong revenue and profit growth for FY26
IFT - Infratil Full Year Results for the year ended 31 March 2026
PEB - Advancing Medicare Coverage Goals; Cost Contained
TRU - TruScreen Completes Oversubscribed Placement
EROAD Continues Transformation, Reports FY26 Results
May 25th Morning Report
EROAD Appoints New Director Progressing Board Renewal
OCA delivered record full year result
BLT - Strong revenue and underlying earnings growth