News Release 3rd May 2016
The Outdoor Media Association of NZ (OMANZ) reports another period of strong growth for the Out of Home industry with the release of Q1 2016 revenue figures today. Gross media revenue for the industry for Jan-March 2016 increased by 18% over the same period in 2015, reaching $20.2 million for the quarter.
The Q1 performance continues the positive trend for OOH in New Zealand, and builds on the full year 2015 sector growth of 13%.
Wayne Chapman, Chairman of OMANZ commented, “It is pleasing for our sector and our members to see that OOH remains strongly in the ascendancy in New Zealand. The underlying strength in our medium gives our member companies the confidence to continue to invest in transformational initiatives designed to ultimately deliver a re-imagination of NZ OOH, as we move towards our true potential.”
For further details please contact:
Wayne Chapman, Chair OMANZ
Email: [email protected]
Tel: 09 360 2338
The Outdoor Media Association of NZ (OMANZ) is a not-for-profit, professional, cohesive industry body representing key Outdoor Media display companies who collectively contribute approx. 88% of total out of home advertising industry revenue.
OMANZ’s key focus is to educate and raise awareness of the role of out of home media within the community, to build and sustain relations with its key stakeholders, to develop best practice industry standards and to provide services to its members.
The society operates nationally and prior to its formation in 2009 traded as the Outdoor Marketing Association.
OMANZ is governed by a board of directors who are all committed and passionate about raising the profile of out of home advertising in the New Zealand market.
Members of OMANZ adhere to a Code of Practice and abide by the regulatory frameworks in which they operate.
OMANZ media display members: Adshel, APN Outdoor, iSite Media, oOh!Media and Media5. For more information about OMANZ, please see www.omanz.co.nz