STEREONET ACQUIRES AUDIOENZ AND EXPANDS TO NEW ZEALAND
While other Australian audio-video media outlets struggle, StereoNET continues to expand and prosper.
Having recently acquired the DTV website, StereoNET has announced that it has purchased AudioEnz, one of New Zealand’s oldest and most prestigious audio publications.
The move ensures StereoNET and it companion, the International Hi-FI Show, can now expand comfortably to New Zealand.
AudioEnz has thirty-year track record publishing audio news and reviews for its New Zealand readership.
The company originally compiled a dedicated Hi-Fi print magazine called Zounds. After a few name changes it settled on the masthead called AudioEnz in 1996.
AudioEnz is regarded as one of the few audio print magazines to acknowledge the digital era had arrived for the audio media. It devolved itself of all print titles in 2000 to concentrate on the online publishing market, a move that saw AudioEnz snaring the title of New Zealand’s premier audio publication.
AudioEnz founder and publisher Michael Jones has decided to call time after leading a large team of writers for three decades.
Marc Rushton, StereoNET’s publisher is delighted by the new acquisition.
With a reader base spanning generations and with a rich history of audio news and reviews focusing specifically on the New Zealand market, AudioEnz is a natural fit for us and a great vehicle to consummate plans to expand into the New Zealand market.
We are delighted by our acquisition and grateful to Michael Jones and AudioEnz for paving the way for StereoNET in New Zealand.
Michael Jones has given the acquisition his nod of approval.
AudioEnz has been a large part of my life for thirty years. But it’s now time to put it to an end. So thank you for being part of my last thirty years. Now to see what the next thirty brings,
Rushton says he will establish a local office and recruit a team in New Zealand to ensure AudioEnz remains relevant to its New Zealand readership, adding:
We’re very excited to add the AudioEnz publication to our portfolio. StereoNet Australia has had a large New Zealand based following for about twenty years. But now it’s time for New Zealand audio-video consumers to have access to dedicated local news and information,
StereoNET will add value to the New Zealand market with plans already in place to expand its highly successful International Hi-Fi Show into New Zealand in 2018.
The AudioEnz website and digital magazine will be relaunched soon.
One of the veterans of the Australian HiFi industry, if there's a speaker he's likely heard it or owned it at some point in his career. Peter was formerly the audio-video editor of the Herald Sun for over two decades.
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