The Australian legislation is crumby, but the response from Zuckerberg, in contrast to the Google approach, presents all sort of hazards, including to New Zealand, writes Hal Crawford. The widely anticipated yet almost unthinkable happened yesterday when Facebook banned all news links on its social network in Australia. At the same time, Google has been … Read more
Duncan Greive analyses a shocking development in the global pushback against big tech. Subscribe and listen to The Fold via Apple Podcasts, Spotify or your favourite podcast provider. At 7.38am today a short email arrived from Facebook News Partnerships. It contained a total of five sentences, the most important reading: “I am writing to confirm that due to … Read more
High-profile and controversial figures often use PR consultancies and the media to help clean up their public perception. But as Pattrick Smellie of BusinessDesk reports, it can easily go the other way. Every journalist loves an exclusive scoop. So much so that last weekend, the country’s main rival news publishers, NZME and Stuff, both published … Read more
Summer reissue: The Fold’s very first guest is back to tell Duncan Greive how she pulled off the media deal of the year. The chaotic couple of weeks which finally saw the end of the Stuff-NZME saga were riveting and strange, replete with stock exchange announcements, legal challenges and finally the acquisition of New Zealand’s … Read more
Summer reissue: Todd Scott made millions as a sales genius, and bought New Zealand’s best-known business publication. Then he lost his house. Duncan Greive profiles the country’s most enigmatic owner, and hears some blunt criticisms from the old friend he bought the paper off, Barry Colman. First published June 2 2020 Independent journalism depends on … Read more
The pandemic put unbearable pressure on New Zealand’s media this year, but also saw it gain larger and more engaged audiences than ever before. Duncan Greive wraps his head around what it all means. Subscribe and listen via Apple Podcasts, Spotify or via your favourite podcast provider. For the final 2020 episode of my media podcast … Read more
Stuff’s Pou Tiaki editor Carmen Parahi rallied her troops for what would become the ‘Our Truth, Tā Mātou Pono’ project on a Saturday, and pitched the idea to Stuff’s CEO the very next day. She tells Leonie Hayden about what happened next. On Monday the media-consuming public awoke to a surprise from Stuff, whose comments … Read more
On Sunday, Stuff published a column by journalist Andrea Vance saying Wellington’s good days were over. Wellingtonian Emily Writes steps up to defend the city’s honour. I’m a big Andrea Vance stan so I was shocked when I saw the headline to her column “Wellington, I’m sorry to say it, but your good days are … Read more
Over most of last week, the NZX had to pause because of persistent cyber attacks. Similar attacks have today been reported against news websites. So how did they come through basically unscathed? The NZX stock exchange is a critical piece of financial infrastructure, yet persistent cyber attacks have caused website crashes that led to trading … Read more
Facebook’s perceived lack of trust might be damaging to news publishers, but the company itself has become ever more interwoven into the fabric of the news business, writes Emily Bell, director of the Tow Center for Digital Journalism at Columbia University. Mark Zuckerberg and Noam Chomsky are strange bedfellows in this political moment, but both … Read more
Good morning and welcome to The Bulletin. In today’s edition: Problems looming for temporary visa holders, state house waiting list balloons again, and US ban could hit NZ seafood exports. There are some real problems looming for temporary visa holders and their employers, with thousands set to expire all once, reports Nona Pelletier for Radio NZ. Automatic … Read more
In quitting the social media giant, Stuff has taken a risk. But the gamble is not as big as it may seem, writes Hal Crawford. Ceasing all activity on Facebook is a bold move for a news publisher, and I’m not surprised that it has come from the company now owned and run by Sinead … Read more
The biggest news site in New Zealand, and the country’s fifth biggest site overall, Stuff has embarked on an experiment in dropping the use of Facebook and Instagram. It has been launched ‘in the context of the international Boycott Facebook movement’, according to a memo leaked to The Spinoff. A leaked internal communication from Stuff’s … Read more
The Fold’s very first guest is back to tell Duncan Greive how she pulled off the media deal of the year. It will justifiably be lost in the tumult of Covid-19, but the chaotic couple of weeks which finally saw the end of the Stuff-NZME saga were riveting and strange, replete with stock exchange announcements, … Read more
The Herald reported this morning that MediaWorks was on the verge of selling its TV assets to US TV giant Discovery – but an internal email and senior source suggest the story may have been premature. A senior MediaWorks source has emphatically denied a report in the NZ Herald that a sale of Three to … Read more
Todd Scott made millions as a sales genius, and bought New Zealand’s best-known business publication. Then he lost his house. Duncan Greive profiles the country’s most enigmatic owner, and hears some blunt criticisms from the old friend he bought the paper off, Barry Colman. When Sinead Boucher bought Stuff for $1 last week, it brought … Read more
When Stuff’s parent company Nine sold up in a management buyout, the sale price for the whole business was $1. So what does it actually mean when businesses are sold for a buck? When local media giant Stuff was sold earlier this week to CEO Sinead Boucher, one of the biggest talking points was the … Read more
Good morning and welcome to The Bulletin. In today’s edition: Criticism over new ‘two-tier’ welfare payments, National announces reshuffle, and a day of differing fortunes in the media world. The government has announced a brand new income support scheme for those who have lost work – but in many ways, it immediately became notable more … Read more
The big media companies just want to get married. Duncan Greive makes the case for dozens of divorces instead. For the last few years, all the talk in New Zealand’s media has been of a need for consolidation. That our big for-profit media companies – TVNZ, Sky, MediaWorks, NZME and Stuff – all needed to … Read more
Duncan Greive assesses an extraordinary morning for New Zealand’s media. In the space of a tumultuous half hour New Zealand’s media landscape has been utterly transformed, with Stuff CEO Sinead Boucher completing an audacious management buyout from its Australian owners Nine, while hundreds of staff are about to be laid off at MediaWorks. The two … Read more
NZME asked the commerce commission for urgent approval to buy Stuff for $1. Minutes later, Stuff’s owner said it was no longer in talks with NZME. In the space of a chaotic few hours, the long-running courtship between print media giants NZME and Stuff dramatically escalated, as NZME informed the sharemarket that it was seeking … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Contact tracing in focus as NZ prepares to leave lockdown, how businesses should manage level three, and Winston Peters fails in bid to sue National MPs. The decision is in, and we will be leaving level four – just not until next Monday night. PM Jacinda … Read more
There’s a desperate scramble to stop more major media companies failing. Duncan Greive explains what’s going on – and how it might play out. The most recent edition of the reigning newspaper of the year, the Sunday Star-Times, was a pearler. It opened with a substantial analysis from political editor Luke Malpass about the tension … Read more
The shockingly fast collapse of Bauer presents the government with a momentous choice, says Duncan Greive. Will it save the media industry, or concentrate on its own? This moment was always coming. The long, steady flow of advertising revenue to the tech giants has left the private sector media gaunt, much leaner than is healthy … Read more
Just a tiny handful of print publications will continue through the lockdown, with only daily newspapers specifically identified as being able to continue. Duncan Greive spoke to publishers of magazines and community newspapers about the impact on them and their communities. Publishers of magazines and community newspapers are reeling, after a ruling from their regulators … Read more
The Fold podcast returns for March into a media world transformed by the impact of Covid-19. Host Duncan Greive records a monopod to assess its impact. In last month’s edition of this podcast, The Spinoff editor Toby Manhire and I discussed RNZ’s Concert debacle. At the time, it was the biggest story in media; now … Read more
What does the pandemic mean for an industry already in peril? Duncan Greive surveys an anxious media scene. The rapid global spread of the Covid-19 virus contains a paradox for media. It has generated enormous levels of interest in what is a multi-dimensional and fast-moving story, which has seen ratings and traffic volumes boom. Additionally, … Read more
NZME, New Zealand’s largest media company, released its 2019 financial report yesterday. Michael Andrew checks in on the health of huge brands like the NZ Herald and Newstalk ZB. It was apparently a good year for NZME, which yesterday reported a strong financial performance with $19.7m operating profit and the growth in its digital subscriptions … Read more
The merger of TVNZ and RNZ is a huge boost for government-controlled media. Duncan Greive asks what that means for the rest of the sector. Last year, NZ on Air convened a meeting of senior executives from almost all the main news organisations in New Zealand. Around 20 surrounded a large table at the Heritage … Read more