Larry Williams Drive

Media company NZME is considering separating its property brand OneRoof into an entirely new business. The company - which also owns Newstalk ZB and the New Zealand Herald - is reporting full-year earnings of $54.2 million and a net loss after tax of $16 million after impairment.  Operating revenue is up 2 percent, but earnings are down by 3.6 percent. Chief Executive Michael Boggs says they're doing a strategic review of OneRoof. "How is it structured, and what is the best way of the shareholdings of that business? Should we own all of it - or should there be other shareholders in it, for example? Should we be investing more into it?" LISTEN ABOVESee omnystudio.com/listener for privacy information.