11 May 2020

Surprise from Stuff after announcement NZME wants to buy it

From Midday Report, 12:41 pm on 11 May 2020

There has been surprise and confusion from two of New Zealand's largest media companies, after NZME announced it plans to buy Stuff – for just one dollar – in a market announcement this morning,

NZME asked the government to urgently allow the sale

But Stuff's owner, Australia's Channel Nine, says talks were wrapped up last week with no deal in place.

Colin Peacock is the host of RNZ's Mediawatch programme and speaks with Māni Dunlop.