2050 days ago

Who owns Neighbourly?

Roger from Havelock North

“Neighbourly is a New Zealand owned (remember that bit) social media site creating easy ways for neighbours to talk and connect.”

Neighbourly, The Bay Comical, Northern News, Sunday Star Times and various other publications are, according to Wikipedia, owned by “Stuff.”

Here's where it gets interesting:

Stuff is a New Zealand news media website owned by Stuff Ltd, a subsidiary of Australian company Nine Entertainment Co. Stuff is the biggest media website in New Zealand, with a monthly unique audience] of more than 2 million. Is that New Zealand owned?

On 26 July 2018, Nine Entertainment Co. and Fairfax Media (Australian owned) announced they agreed on terms for a merger between the two companies to become Australia's largest media company. As a result of the merger, Nine shareholders own 51.1 percent of the combined entity and Fairfax shareholders own 48.9 percent”.

So, how can an organisation 100% owned by “ Australia's largest media company” legitimately claim to be “New Zealand owned?”

Interesting.

More messages from your neighbours
4 days ago

Poll: Is it ok to regift something that you have been given?

The Team from Neighbourly.co.nz

🎁 Holiday Gift Chat!

Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?

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Is it ok to regift something that you have been given?
  • 79.8% Yes! It's better to regift what I don't need
    79.8% Complete
  • 20.2% No. It's the thought and effort that matters
    20.2% Complete
815 votes
7 hours ago

Create a Stunning Stain Feature Wall with Resene Colorwood

The Team from Resene ColorShop Hastings

Transform your living room into a work of art with Resene Colorwood wood stains. Find out how to create your own stain feature wall with these easy step by step instructions.

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10 days ago

Scam Alert: Fake information regarding December Bonuses from MSD

The Team from Neighbourly.co.nz

The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’

If you get suspicious communication, please contact Netsafe.

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