NZME and Fairfax’s Stuff continue to look at merger options
Fairfax’s Stuff and NZME proposed a merger plan which the Court of Appeal rejected in September.
The New Zealand Herald editor Murray Kirkness: “The outcome was disappointing but not unexpected.”
Earlier this year, Fairfax’s Stuff and NZME proposed a merger plan which the Court of Appeal rejected in September.
Talking about this development, The New Zealand Herald editor Murray Kirkness said: “I was a supporter of the merger. The challenges facing our industry are well known.
“It would have given us greater strengths to tell great stories. While I understand the concerns around the reduction of voices in the marketplace, NZME is a fantastic publisher and is open to all sorts of opinions being expressed across radio, print and digital. We are a broad church when it comes to what is published and broadcast so I had no fear from that point of view.
“The outcome was disappointing but not unexpected.”
The company executives continue to look at other avenues to make the merger with Fairfax’s Stuff possible.
