APN, Fairfax mull partnership

Deal would share printing, distribution duties to cut costs: report.

APN News & Media (APN) and Fairfax Media (FXJ) are in early talks about a potential printing and distribution partnership that would come as a bid to cut costs, according to The Australian Financial Review.

APN is believed to be most interested in a partnership centred on a potential merger or sharing of printing assets in New Zealand, though the Fairfax-owned AFR reported that Fairfax is more interested in a partnership that also covers regional Australia.

The preliminary talks come in the wake of similar talks between APN and News Corp Australia, which owns Business Spectator, about a potential joint venture.

“We continue to want to discuss with other publishers all areas of potential synergies,” APN chief executive Michael Miller told the AFR.