By Nevil Gibson
Friday 9th May 2003
|Text too small?|
The sum was not disclosed but will be in the millions based on the circulation and market leadership of the two titles, which sell 37,000 copies in New Zealand and 41,000 in Australia in separate editions.
ACP already has Australia's two leading computer magazines, PC User (60,000 monthly) and APC (Australian Personal Computer) (49,000). Only PC User and Australian NetGuide have shown any circulation growth in a market that peaked a few years ago.
In New Zealand, NetGuide has clear leadership with its non-jargon, net-surfing content in the pocket-sized A5 format, which has also proved a winner with children's titles.
Mr Ryan will remain with NetGuide and work with ACP over the next three years.
ACP Media managing director Bruce Cotterill said: "The acquisition of NetGuide provides ACP with an entry point into the business and computer publishing market in New Zealand."
No comments yet
NZ dollar eases after another Brexit failure
SkyCity, Fletcher won't name their insurers
NZ stocks smacked by smelter review, SkyCity fire
No govt cash for Tiwai Point - Woods
Strong dairy exports narrow Sept trade deficit
Rio Tinto reviewing future of Tiwai Point smelter
SkyCity convention centre damages dispute murkier after fire
Air NZ ends LA-London service; 155 jobs at risk
Kiwi dollar up against UK pound on Brexit ructions
Contractor retentions regime a lemon, industry told