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

• 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.