Merger green light

The New Zealand Herald - - News -

Aus­tralia’s com­pe­ti­tion watch­dog yes­ter­day ap­proved the pro­posed merger of tele­vi­sion net­work Nine En­ter­tain­ment and news­pa­per pub­lisher Fair­fax Me­dia into a me­dia gi­ant to be known only as Nine. Aus­tralian Com­pe­ti­tion and Con­sumer Com­mis­sion chair Rod Sims said the merger, pro­posed in July, re­duced the num­ber of cor­po­ra­tions fo­cused on Aus­tralian news from five to four.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.