Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

NZME Limited (NZM NZ/AU): In Need Of A Good Story

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Quiddity Research
Feb 14, 2025
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  • After NZME Limited (NZM NZ/AU), publisher of the NZ Herald, recently announced sweeping job cuts, the country's largest private sector union called for the government to step in.

  • The union said the cutbacks not only affected staff, but also readers seeking information on important issues. NZME's revamped strategy focuses on stories that engage audience. Or clickbait by detractors.

  • Reports are now emerging of a possible takeover from local entrepreneurs. Those reports appear tenuous, at best.

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