It's been hailed as a bold, dramatic and brave move.
Yesterday it was announced that the chief executive of Stuff has bought the company for $1 and has plans for staff shareholders.
Sinead Boucher told RNZ it was time for lateral thinking.
The editor of the Timaru Herald, Brooke Black, says keeping regional papers going is crucial. But what does it all mean for the New Zealand media landscape?
Colin Peacock presents RNZ's Mediawatch.