NEWSPAPER COMBINE
NO CHANGE IN POLICY The Lyttcltou Times and the Christchurch Star on Saturday passed into the ownership of Sv.w Zealand Newspapers, Ltd., the new company formed !;v the amalgamation of the Lyttelton Times Co., Ltd., and the Brett Printing and Publishing Co., Ltd., of Auckland, publishers of 'the Auckland Star. The combination of the two companies constitutes the most powerful newspaper organisation in New Zealand, since it brings under one ownership the Lyttelton Times, which is the oldest newspaper in the Dominion, the Christchurch Star, established in 1868, and the Auckland Star. The nominal capita] of the new company is £I.OCO,CCO, and the issued capital '£SB2.SCO in £1 shares. It, is not proposed lo change the policy or method of control of the company's newspapers. Like the Lyttelton Times and Ihe Christchurch Star, the Auckland Star is a, Liberal journal, so that the two companies have always been in close political sympathy.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19290523.2.86
Bibliographic details
Poverty Bay Herald, Volume LV, Issue 16958, 23 May 1929, Page 8
Word Count
154NEWSPAPER COMBINE Poverty Bay Herald, Volume LV, Issue 16958, 23 May 1929, Page 8
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in