Stuff faces possible break-up as NZME readies its wall - News Summed Up

Stuff faces possible break-up as NZME readies its wall


ANALYSIS: Australian media company Nine hopes to have the sale of Stuff Ltd pretty much wrapped up by the end of June. But a key question is whether Stuff might be worth less as an integrated business than the sum of its parts. But it is perhaps hard to see MediaWorks' United States owner Oaktree digging deep into its pockets given its tough experience in the New Zealand media market to date. Spark has become a media business in the broad sense through its investment in television entertainment service Lightbox and Spark Sport. That said, all media businesses would be mad not to wish NZME the best with its paywall.


Source: Stuff February 05, 2019 16:52 UTC



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