NZME expects shareholder endorsement for latest media merger play

NZME expects shareholder endorsement for latest media merger play
Pattrick Smellie
Publisher NZME is confident it can make a commercially viable business if allowed to take over the assets of its rival, Stuff, even while guaranteeing journalist numbers and keeping open declining regional newspapers.Asked by journalists whether such a deal could be profitable enough to satisfy its shareholders, NZME chief executive Michael Boggs said: "Absolutely."His comments followed New Zealand First leader Winston Peters announcing his party would support NZME's proposal to make specific editorial commitments under a $1 'Kiwishare', which...

More Policy

Simmonds bins official advice on waste policy
Policy

Simmonds bins official advice on waste policy

Officials pushed for planned targets, bans and mandates. Simmonds overruled them.

Banks class action: the lawyers blinked first
Policy Opinion

Pattrick Smellie: Banks class action: the lawyers blinked first

Class action funders show their hand with pre-emptive settlement offer.

Pattrick Smellie 17 Jul 2025
UPDATED: ASB, ANZ offered settlement in class action stoush
Finance

UPDATED: ASB, ANZ offered settlement in class action stoush

ANZ immediately rejected the offer as a "stunt".

Pattrick Smellie 16 Jul 2025
Aussie and NZ line up on bank fee chop proposal
Retail

Aussie and NZ line up on bank fee chop proposal

The Australians are also proposing to ban surcharges on in-store plastic card payments.

Pattrick Smellie 16 Jul 2025