Auckland’s beloved Metro Magazine latest acquisition by STILL
New Zealand company, STILL, has acquired Metro Media Group, the latest company in its mission to start or acquire 100 companies that are fundamentally good for New Zealand.
Says STILL CEO Hideaki Fukutake “Metro is an important cultural icon in New Zealand, and I’m excited to be able to protect and develop this cultural gem for generations to come. Metro has made a significant cultural offering to Auckland and New Zealand since 1981, which makes it special and enduring. I respect the work of the team and look forward to seeing the magazine grow its cultural reach in Auckland and around New Zealand."
Says Metro editor Henry Oliver “STILL gives Metro the best opportunity possible to not just survive but to continue to thrive as a beautiful, generous, thought-provoking, critical, and fun print-first publication, while pursuing new opportunities to take Metro beyond the page and out into the world — an analogue oasis in a sea of algorithms and AI.”
Metro will continue to be made and published by the same people and in the same format as it has been since it was acquired by Metro Media Group from Bauer Media in 2020.
Metro fits within STILL’s strict criteria for acquisitions; it is long term, unique, authentic, beautiful and physical, while focused on people, nature, arts or culture. Metro is proud to join a group of people and companies dedicated to shaping the future of culture and work alongside other STILL companies such as the World of WearableArt, Queenstown’s Hulbert House, design agency DDMMYY, Consult Recruitment, King’s Plant Barn and resilient energy company, SHAPE.
Since the reboot of the Metro title, Metro Media Group has worked towards three goals: to revive and update the magazine to reflect what Metro believes are the unique opportunities for print media in the 2020s; to turn a single publication into a small, sustainable business; and to ensure Metro’s viability long into the future. STILL as the new owner completes this final goal of ensuring an exciting and long term future for Metro.