Merged Fairfax/NZME should have to sell a website, says MediaWorks

Fri, 07 Oct 2016

By Sophie Boot Oct. 7 (BusinessDesk) - MediaWorks says a merged Fairfax/NZME news operation should have to sell one or other of the New Zealand Herald or Stuff websites to get regulatory approval, because of the high barriers to entry to an alternative, credible national news organisation. The proposed merger between Fairfax Media's New Zealand assets and NZME got approval from the Overseas Investment Office last month, although the deal still needs NZME shareholder and Commerce Commission approval to go ahead. A merger would combine...

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