Aug 20 (Reuters) - APN News & Media Ltd APN.AX :
* $25M of annualised cost savings to be implemented by the end of the year
* Says apn's tax rate for FY 2015 is forecast to be 24 per cent pre exceptionals, up from 13 per cent in 2014
* Company "intends to expand its network of digital screens in Auckland and across other cities throughout 2016"
* Nzme is collaborating with Fairfax Media in New Zealand on a newspaper distribution partnership
* Says investments in revenue growth strategies impacting profits in the first half will deliver benefits in H2
* Says 2015 first half results reflect a soft advertising market in Q2
* Says HY revenue from continuing operations up five per cent to $427.6M
* Source text for Eikon ID:nNZW4kJR8m