Trade Me, owned by UK private equity firm Apax Partners, is taking a 50% stake in Stuff Digital. This gives it major influence over NZ’s largest digital newsroom, with a shared board and integrated property content.
Yet unlike Jim Grenon’s 13% NZME stake, there’s been no panic over editorial independence. Boucher gets a pass, but Grenon was vilified. The difference? One shares the media worldview. The other challenges it.
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