APN News & Media Limited (APN), in which the Group has a 31.6% share, is the number one radio broadcaster and outdoor advertising operator and the number two regional newspaper publisher in Australasia. It also publishes New Zealand's largest newspaper, The New Zealand Herald, and has interests in specialist publishing, magazines, new media and pay TV.

APN publishes New Zealand's largest circulating daily newspaper, The New Zealand Herald, the Herald on Sunday, its sister publication and best-read Sunday newspaper in Auckland, The Aucklander, a contemporary weekly news freesheet serving diverse communiites around New Zealand's largest metroplitan centre, as well as a number of top-ranking regional and community newspapers. APN publishes the nation's best-read weekly magazine, the New Zealand Woman's Weekly.

In Australia, its top regional newspapers service some of the fastest growing markest in the country: Queensland and northern New South Wales. It publishes also a series of regionally-focused gloss magazines, Style and City Life.

• No. 1 Daily Newspaper (NZ)
• No. 2 Regional News Publisher
• Leading Commercial Printer (NZ)
• 3 Market-Leading Magazines

In the online division, the The New Zealand Herald website improved its position as the most popular news website in New Zealand, attracting record traffic and strong advertiser support resulting in improved profitability.

There has also been a strong take-up of The New Zealand Herald’s mobile offering, attracting more than 30,000 unique users each week and underlining the Group’s ability to charge for content as the mobile news content market develops. In the Australian regional market, crossplatform selling across APN’s range of publishing and online products enhances its offering to the market and increases local media opportunities.

• No. 1 News Website (New Zealand)

APN is Australasia's leading radio broadcaster, with investments in 12 metropolitan radio stations in Australia and 120 radio stations in New Zealand.

In Australia, the Australian Radio Network (ARN), broadcasts across 12 metropolitan FM and AM stations on two networks, Mix and Classic Hits with a national weekly audience of over four million..

In New Zealand, The Radio Network (TRN) is the market leading radio broadcaster, with a 10+ national audience share of 46%, and the top rating stations in Auckland, Wellington and Christchurch. TRN broadcasts across mroe than 120 FM and AM frequences over eight networks: NewstalkZB; Classic Hits; ZM; Coast; Radio Hauraki; Easy Mix; Radio Sport; and Flava, reaching 1.4 million listeners each week.

• No. 1 radio operator (as part of a 50% joint venture with Clear Channel)
• Almost 6 million listeners weekly
• Australia: 12 radio stations
• New Zealand: 120 stations accross 8 networks

APN Outdoor is the market leader in outdoor advertising in Australasia, as well as a major operator in transit and large format advertising in Hong Kong and large format advertising in Indonesia.

• No. 1 Outdoor Advertising Operator
• Assets in Australia, New Zealand, Indonesia and Hong Kong
• Strong brand franchises