The editor of one of Stuff's regional papers believes returning the company to New Zealand ownership will mean a lot to its readers and there could be a boost in local advertising.
Stuff chief executive, Sinead Boucher, bought the media company from Australian owners Nine Entertainment for one dollar, yesterday.
Timaru Herald editor, Brooke Black, told our producer Nicholas Pointon her joy was bittersweet, given it came on the same day Mediaworks announced it was laying off 130 staff.
