Low single-digit growth in the overall advertising market will be the bar for all media companies to try and get over.
More Quotes from Greg Fraser:
That reflects the soft New South Wales market, but the result could have looked a lot worse if not for New Zealand.Greg Fraser
They paid a big price. It has a sniff of a panic buy. New Zealand is a small market and I can't see what they can do to grow the business.
Greg Fraser
Australia needs a level playing field in terms of investment and innovation ... so that broadband penetration and digital penetration generally can catch up with the rest of the world.
Greg Fraser
It's just a normal business decision they've taken. And it's not entirely surprising given the level of international competition for the bid.
Greg Fraser
The Internet is starting to change the media landscape, making what previously looked like straight-forward acquisitions much more difficult.
Greg Fraser
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