MediaWorks boss Michael Anderson says it should be consulted if TVNZ were to buy Stuff, but agrees that might not be possible. Television channel Three owner MediaWorks has ruled out buying Stuff Ltd from Australian owner Nine. TOM PULLAR-STRECKER/STUFF Television revenue grew and radio revenues fell at MediaWorks last year, in a reversal of the recent trend. MediaWorks, which is owned by United States private equity company Oaktree, was tipped by media pundits as a potential buyer of Stuff. He hoped MediaWorks would be consulted if TVNZ might buy Stuff, but agreed it was not clear how that could be allowed.

Source: Stuff May 22, 2019 01:30 UTC