Independent Newspapers
Encyclopedia
This article refers to the New Zealand company. For the Irish
company formerly of the same name, see Independent News & Media
.
Independent Newspapers Limited (INL) was a media concern in New Zealand
.
In 1972 it took over Blundell Bros Limited, publisher of Wellington's Evening Post which had started in 1865. Later that year the company changed its name to Independent Newspapers Limited. Around this time INL Print Limited (later Inprint Ltd) was formed to combine the printing and publishing operations of the commercial printing companies which operated prior to the various mergers.
Some of the oldest newspapers in New Zealand joined the INL stable in the next two decades. In 1980 it took over The Manawatu Standard Limited, publisher of the Evening Standard since 1880.
Four years later the company shifted its sights to the South Island, acquiring 122-year-old The Southland Times. The following year, 1985, it took over The Timaru Herald, founded in 1864 and a daily newspaper since 1878.
In 1987 the Christchurch Press Co Ltd, publisher of The Press since 1861, joined the INL group.
INL moved north again in 1989, buying Taranaki Newspapers Limited and part of NZ News Limited, including the Auckland Star, the Sunday Star and Suburban Newspapers (Auckland), New Zealand's largest group of free community newspapers. The Auckland Star was subsequently closed down.
In 1993 INL moved south again, acquiring the Nelson Evening Mail (since renamed The Nelson Mail
). The Marlborough Express was bought in 1998 and a number of small community newspapers have also been acquired in recent times, including South Otago Newspapers.
INL's New Zealand divisions now publish more than 80 daily, Sunday, community, suburban and weekly newspaper titles, magazines and specialist publications.
New Zealand growth was complemented by offshore expansion. Independent News Corp (Inc) was formed in the United States and acquired a string of suburbans in Houston Texas and a number of newspapers on the West Coast. INL's US interests were sold in July 1998.
In 1990 INL invested $200 million in Gordon and Gotch magazine distributors in Australia and New Zealand, their allied business and regional newspapers in Victoria, Australia. These operations were bought from major INL shareholder News Ltd. In 1993 it divested itself of Wiljef Stationery and its computer consumables company Microtronix, acquired as part of the Gordon and Gotch deal but regarded as outside INL's "core" business. It also sold its large commercial printing division (Adams Print) to Pacific Magazine and Printing Limited. Late in 1999 INL announced it was selling its Australian Gordon and Gotch division, but was retaining Gordon and Gotch (NZ) Ltd.
INL's links with News Limited are long established. Early in 1964 Rupert Murdoch's News Limited made his first overseas newspaper investment - a 29.57 percent stake in the Wellington Publishing Company. The News Limited holding in INL has fluctuated over the years and is now just over 49 percent.
Having established a strong newspaper publishing network, INL turned its interests to building a magazine division in New Zealand with publications focusing on home, family and outdoor leisure activities - homes, gardening, fishing, boating - along with motoring magazines.
INL took an initial 25% interest in Terabyte, the web design and development company, in 1994. This was later increased to 51% in June 1995. INL sold its interest in Terabyte Interactive in 1999.
A major investment in Sky Network Television Limited was made in 1997.
It sold its publishing assets, including Wellington's Dominion Post
, on 30 June 2003 to the Australian Fairfax conglomerate. In July 2005, Independent Newspapers Limited merged with SKY Network Television
into a new company, MergeCo, which was renamed Sky Network Television Limited.
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...
company formerly of the same name, see Independent News & Media
Independent News & Media
Independent News & Media plc , is a media organisation based in Dublin, Ireland, with interests in 22 countries on 4 continents worldwide. The company owns over 200 print titles, more than 130 radio stations, over 100 commercial websites and many billboard locations, and is a leading press player...
.
Independent Newspapers Limited (INL) was a media concern in New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
.
History
The company sprang out of the Wellington Publishing Company Limited that had been founded in 1906 to publish Wellington's morning daily, The Dominion. In 1970 WPC made a successful takeover bid for Truth (NZ) Ltd and the following year acquired Independent Publishers Ltd, owner of the Waikato Times.In 1972 it took over Blundell Bros Limited, publisher of Wellington's Evening Post which had started in 1865. Later that year the company changed its name to Independent Newspapers Limited. Around this time INL Print Limited (later Inprint Ltd) was formed to combine the printing and publishing operations of the commercial printing companies which operated prior to the various mergers.
Some of the oldest newspapers in New Zealand joined the INL stable in the next two decades. In 1980 it took over The Manawatu Standard Limited, publisher of the Evening Standard since 1880.
Four years later the company shifted its sights to the South Island, acquiring 122-year-old The Southland Times. The following year, 1985, it took over The Timaru Herald, founded in 1864 and a daily newspaper since 1878.
In 1987 the Christchurch Press Co Ltd, publisher of The Press since 1861, joined the INL group.
INL moved north again in 1989, buying Taranaki Newspapers Limited and part of NZ News Limited, including the Auckland Star, the Sunday Star and Suburban Newspapers (Auckland), New Zealand's largest group of free community newspapers. The Auckland Star was subsequently closed down.
In 1993 INL moved south again, acquiring the Nelson Evening Mail (since renamed The Nelson Mail
The Nelson Mail
The Nelson Mail is a daily newspaper in New Zealand. Founded in 1866 and then known as The Nelson Evening Mail. It absorbed another local paper, The Colonist about 1906.The paper is currently owned by Fairfax New Zealand....
). The Marlborough Express was bought in 1998 and a number of small community newspapers have also been acquired in recent times, including South Otago Newspapers.
INL's New Zealand divisions now publish more than 80 daily, Sunday, community, suburban and weekly newspaper titles, magazines and specialist publications.
New Zealand growth was complemented by offshore expansion. Independent News Corp (Inc) was formed in the United States and acquired a string of suburbans in Houston Texas and a number of newspapers on the West Coast. INL's US interests were sold in July 1998.
In 1990 INL invested $200 million in Gordon and Gotch magazine distributors in Australia and New Zealand, their allied business and regional newspapers in Victoria, Australia. These operations were bought from major INL shareholder News Ltd. In 1993 it divested itself of Wiljef Stationery and its computer consumables company Microtronix, acquired as part of the Gordon and Gotch deal but regarded as outside INL's "core" business. It also sold its large commercial printing division (Adams Print) to Pacific Magazine and Printing Limited. Late in 1999 INL announced it was selling its Australian Gordon and Gotch division, but was retaining Gordon and Gotch (NZ) Ltd.
INL's links with News Limited are long established. Early in 1964 Rupert Murdoch's News Limited made his first overseas newspaper investment - a 29.57 percent stake in the Wellington Publishing Company. The News Limited holding in INL has fluctuated over the years and is now just over 49 percent.
Having established a strong newspaper publishing network, INL turned its interests to building a magazine division in New Zealand with publications focusing on home, family and outdoor leisure activities - homes, gardening, fishing, boating - along with motoring magazines.
INL took an initial 25% interest in Terabyte, the web design and development company, in 1994. This was later increased to 51% in June 1995. INL sold its interest in Terabyte Interactive in 1999.
A major investment in Sky Network Television Limited was made in 1997.
It sold its publishing assets, including Wellington's Dominion Post
The Dominion Post (Wellington)
The Dominion Post is a metropolitan broadsheet newspaper published in Wellington, New Zealand, owned by the Australian Fairfax group, owners of The Age, Melbourne, and The Sydney Morning Herald.- Foundation :...
, on 30 June 2003 to the Australian Fairfax conglomerate. In July 2005, Independent Newspapers Limited merged with SKY Network Television
SKY Network Television
Sky Network Television Limited , , is a New Zealand pay television service. On 30 June 2011, Sky had 829,421 subscribers, which comprises:*808,617 digital subscribers*20,840 other subscribers...
into a new company, MergeCo, which was renamed Sky Network Television Limited.
Sources
- SKY Network Television Limited (2005), Retrieved January 2, 2006, skytv.co.nz
- Independent Newspapers, Retrieved January 2, 2006, inl.co.nz
- Archive.org|Independent Newspapers official site Archive date: February 24, 2001, Retrieved June 6, 2008, web.archive.org
External links
- The company's site, inl.co.nz (since expired)
- SKY network Television, skytv.co.nz