Sharechat Logo

Communicado sells down stake

Friday 7th July 2000

Text too small?

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.

  General Finance Advertising    

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.

Related News:

SML - Synlait Milk Limited - Trading Halt of Securities
AIA - Auckland Airport announces board chair changes
AIA - Auckland Airport announces board chair changes
CEN - Tauhara commissioning progress update
FPH initiates voluntary limited recall
March 28th Morning Report
KFL Celebrates 20 Years of Excellence in Investment Mgmt.
SVR - Savor FY24 Earnings Guidance & Change in Banking Partner
NZK - NZ King Salmon Investments Limited FY24 Results
March 27th Morning Report