Once again, billionaires have started buying chunks of what's left of the formal news media in Aotearoa;

https://www.rnz.co.nz/news/business/543611/canadian-billionaire-jim-grenon-tight-lipped-on-nzme-share-purchase

In this case, shares in NZ Herald owner NZME being bought by a billionaire who also invested in a shady disinfo-peddling influence operation calling itself "NZNE";

https://businessdesk.co.nz/article/media/the-curious-case-of-nz-news-essentials-the-buyout-baron-the-rapper-and-the-anti-mandate-influencer

(1/2)

#NewsMedia #NZME #NZNE #disinformation

Canadian billionaire Jim Grenon tight-lipped on NZME share purchase

James Grenon has spent $9 million to take his shareholding in NZME to 9.3 percent.

RNZ