Media Works New Zealand

Media Works New Zealand

MediaWorks New Zealand is a New Zealand-based television, radio and interactive media company entirely owned by the Ironbridge Capital group. It operates playout services from Auckland and Wellington studios via Kordia's microwave network for 3 News, TV3, FOUR and C4, ten radio networks, eighteen websites and three locally operated non-networked radio stations. With new media video services MPEG-4 Part 14 encoded and RTMP streamed from their Auckland studio.

In 2004, CanWest Global Communications combined television company TV3 Network Services and radio company RadioWorks to form the new MediaWorks company. On 29 July 2004, 30% of this new company was sold on the NZSX. Three years later, in July 2007, CanWest sold its stake of the company to Ironbridge Capital, a group of Australian investors, who subsequently obtained the remaining 30% from other investors. MediaWorks is significantly larger than any of its other investments.

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