NZME signs deal with Meta; out of NPA collective bargaining process

NZME signs deal with Meta; out of NPA collective bargaining process
NZME likes Meta. (Image: Deposit Photos)
Daniel Dunkley
NZME has signed a commercial deal with Meta that will see the Silicon Valley giant support the news group on “digital transformation projects”.The owner of the NZ Herald and BusinessDesk confirmed the transaction to the NZX this morning, after confirming “advanced” talks at its annual meeting this week.The deal is NZME’s second major transaction with Big Tech in as many months. The news group agreed a money-for-content arrangement with Google in March, which is expected to boost annual earnings to $67 million to $7...

More Media

Warner Bros Discovery considered TV3 switch-off in 2025: MCH
Media

Warner Bros Discovery considered TV3 switch-off in 2025: MCH

The owners said it made no sense to exist in the NZ market.

Daniel Dunkley 28 Mar 2024
Media firm The Curve seeks external funding
Technology Exclusive

Media firm The Curve seeks external funding

The company wants to raise $1m. 

Victoria Young 28 Mar 2024
TVNZ extends sports lineup
News in Brief

TVNZ extends sports lineup

TVNZ has announced it will be screening a slate of new sporting events, including the Uefa Euro 2024 football championship later this year.The public broadcaster has also confirmed a multi-year partnership with Hockey NZ to show matches on its streaming service TVNZ+.Joining the...

Daniel Dunkley 27 Mar 2024
Complaints about AI scams just the tip of the iceberg
Technology

Complaints about AI scams just the tip of the iceberg

Swindlers are using deepfakes of trusted leaders to defraud investors on social media.

Bloomberg 23 Mar 2024