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2044 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
22 hours ago

CHILDREN PAGEANT

Elma Pienaar from St Columba's Presbyterian Church

All are invited to our Children's Pageant on Christmas Eve at 4.00am. Children are invited to dress as angels, shepherds, farm animals or come just as they are.

4 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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3 days ago

Neighbourhood Challenge: Who Can Crack This One? ⛓️‍💥❔

The Riddler from The Neighbourly Riddler

What has a head but no brain?

Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!

Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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