Fairfax moves fast to confirm cuts to news production after merger rejection

Tue, 02 May 2017

By Pattrick Smellie May 3 (BusinessDesk) - News publisher Fairfax Media is already moving to cut back its investment in New Zealand news production, with Australian-based chief executive Greg Hywood saying the "disappointing" decision by the New Zealand Commerce Commission to allow a merger with its largest rival news producer, NZME, makes "further publishing frequency changes and consolidation of titles ... an inevitability". The competition regulator declined the merger in a final decision this morning, saying NZME and Fairfax had faile...

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