Merger of TVNZ, MediaWorks 'unlikely' - PM - News Summed Up

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Merger of TVNZ, MediaWorks 'unlikely' - PM


Merger of TVNZ, MediaWorks 'unlikely' - PMChris McKeen It's a no go for merger between TVNZ and MediaWorks, says John Key. TVNZ had earlier declined to comment on a claim in The Australian which said merger talks had taken place between TVNZ and MediaWorks, citing unnamed sources. Key appeared to confirm there had been interest in a transaction short of a merger, after a report of talks between TVNZ and MediaWorks in the Australian media. Thomas said a tie-up between TVNZ and MediaWorks would be "the television version" of the proposed Fairfax NZ, NZME merger which the lobby group opposes. The newspaper also reported that MediaWorks' acting chief executive David Chalmers was looking to schedule meetings with Australian media companies.


Source: Stuff June 15, 2016 00:31 UTC



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