Toy entrepreneur quashes spec of NZME takeover

Zuru co-founder Nick Mowbray says he's not interested. (Image: Zuru)

Fri, 14 Feb 2025

Zuru founder Nick Mowbray says a report speculating he could take over private media company NZME is wrong. On Friday morning, The Australian’s Data Room said “some wealthy Kiwis” were plotting to do something about the state of New Zealand’s media industry and cited Mowbray as a possible candidate to take NZME over. The report said “media experts” say the New Zealand Herald focuses too much on clickbait and lacks value. “There’s chatter that a privatisation may be on the...

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