NZME directors ‘have concerns’ about businessman Jim Grenon taking editorial control
NZME’s directors have fired their own shots in the war for control of the media company, saying they have concerns about a takeover bid including the risk of businessman Jim Grenon taking editorial control.
In a statement to the NZX, the Board said it was delaying its annual shareholders meeting until June and opening up nominations of other directors.
Grenon, a New Zealand resident since 2012, bought a 9.3 percent stake in NZME for just over $9 million early in March.
NZME is publisher of a number of newspapers, including the New Zealand Herald, as well as operating radio stations and property platform OneRoof.
Within days of taking the stake, Grenon had written to the company’s board proposing that most of its current directors be replaced with new ones, including himself, and said the performance of the company had been disappointing and he was wanted to improve the editorial content.
NZME has now told the stockmarket it had concerns whether Grenon’s proposals were in the best interests of the company and shareholders.
Dear NZME Board
I was once a columnist for the NZ Herald, but I’m too Left wing for your stable of acceptable opinions and now just run award winning political podcasts instead.
Normally as Board members of a financialized media company in late stage capitalism with collapsing revenue thanks to social media, you don;t generally have to consider the actual well being of our democracy.
Let me be as clear as I can to you all.
You hold in your hands the fate of Fourth Estate Journalism and ultimately the democracy of NZ itself.
As the largest Fourth Estate Platforms in the country, Your obligations go well beyond just shareholder profit.
Alt-Right Billionaire Jim Grenon has in my view been extremely disingenuous.
The manner in which NZME has been sold as underperforming so that the promise of a quick buck from OneRoof seems the focus point is made more questionable because I suspect Grenon’s true desire here is editorial control of NZME.
His relationship with a far right culture war hate blog that promotes anti-Māori, anti-Trans, anti-vaccine, climate denial editorial copy alongside his support for culture war influencers suggest a radicalised view of the world which he intends to implement if he gains control.
Look.
NZME is right wing enough, your first editorial in the NZ Herald was calling for white people to start war with Māori, Mike Hosking is the epitome of right wing arsehole and the less said about Heather Du Plessis Allan, the better, but all of you acknowledge that 2 + 2 = 4.
Alt-Right Billionaires don’t admit that.
Alt-Right Billionaires tend to lean into divisive culture war rhetoric and are happy to promote 2 + 2 =4 whatever I say it is.
You can not allow alt-Right Billionaires with radicalised Culture War beliefs take over the largest media platforms in the country.
This moment demands more than dollars and cents, it requires a strong defence of independent editorial content, even when that editorial content is right wing as fuck.
The NZ Herald, Heather and Mike are without doubt right wing arseholes, but they are right wing arseholes who pitch their argument within the realms of the real and factual.
Alt-Right Billionaires do not do that.
If NZME is taken over and the editorial direction takes a hard right culture war turn, you will be dooming NZ Democracy and plan ing us on a highway to hell.
You must, you must, you must stand against this attack on Editorial Independence.
Increasingly having independent opinion in a mainstream media environment which mostly echo one another has become more important than ever, so if you value having an independent voice – please donate here.
I agree per cent
‘Why are there so many Nerds in New Zealand?’
Bob the first prize winner in the’ Making dopy remarks while not providing context or evidence,’ in the competition organised by ACT and Association of Right Wankers
It is astonishing.
The most devastating genocide in the world is being carried out by the follwoing:
1- AIPAC, brows ( https://www.youtube.com/watch?v=COx-t-Mk6UA ).
2- Miriam Adelson brows https://www.youtube.com/watch?v=Nr0LkA7VW7Q.
3- Elon Musk.
3- Timothy mellonand brows https://www.youtube.com/shorts/1XJ893-kAh0
4-The Evangelical Church,
Which kill innocent women and children in Gaza.
AIPAC ( https://www.youtube.com/watch?v=COx-t-Mk6UA ) and the Evangelical Church are perpetrating one of the most catastrophic genocides in history, targeting innocent women and children in Gaza.
These organizations have supplied Israel with explosives to facilitate their acts of genocide.
Gaza has been designated a disaster zone, severely lacking in essential resources for survival.
AIPAC, The Evangelical Church, Miriam Adelson, Elon Musk, and timothy mellon and America tax payer,, and Israel have devastated 90% of Gaza, resulting in the destruction of 437,600 homes and the loss of one million lives, including 50,000 individuals currently trapped under debris, with 80% of the casualties being women and children.
They have also obliterated 330,000 meters of water pipelines, leaving the population without access to drinking water.
Furthermore, over 655,000 meters of underground sewage systems have been destroyed, depriving residents of basic sanitation facilities.
The destruction extends to 2,800,000 meters of roadways, rendering transportation impossible for the affected population.
Additionally, 3,680 kilometers of the electrical grid have been dismantled, leading to widespread power outages.
The assault has resulted in the demolition of 48 hospitals, eliminating critical healthcare facilities for those in need.
Moreover, the actions of AIPAC, The Evangelical Church, Miriam Adelson, Elon Musk, and timothy mellon and America tax payer,, and Israel have disrupted the education of over 785,000 students, with 494 schools and universities being completely destroyed, many due to aerial bombardments.
They have also targeted 981 mosques, effectively silencing the prayers of the homeless seeking divine assistance.
As a result of these actions, more than 39,000 young children have been left orphaned, without parents or guardians to care for them.
I must emphasize that the historical context of warfare has never witnessed a scenario where 80% of a nation has been devastated, 100% of its populace has been uprooted, and 50% of the casualties are children.
It is imperative to recognize the gravity of the situation.
Organizations such as AIPAC and the Evangelical Church in America are contributing to what can only be described as genocide.
https://www.youtube.com/shorts/IrX9v6DKH1g
The implications of American taxpayer funding in the context of Israel’s actions against innocent children are alarming.
1. An examination of Israel’s precarious situation is warranted.
https://www.youtube.com/watch?v=kAfIYtpcBxo
2. The influence of financial power, often associated with certain groups, plays a significant role in these dynamics. Further information can be found through the provided link.
https://mega.nz/file/FqhzGKbB#bsX4PD-O59HEA0-rynD29xkk47dmddycY5CjZfoDLYg
3. Insights into the perspectives of U.S. leadership regarding AIPAC and the Evangelical Church can be explored through the following resource.
https://www.tiktok.com/@thefearlessqueenmel/video/7307640994579680542?lang=en&q=why%20dont%20Americans%20knowl%20what%20you%20have%20seen%20&t=1701880206555
The tragic reality of innocent children being harmed by powerful Israeli forces utilizing American weaponry is evident in various media reports.
https://www.youtube.com/watch?v=COx-t-Mk6UA
It is crucial to stay informed by accessing reliable news sources.
https://www.youtube.com/watch?v=bNyUyrR0PHo
If action is not taken—such as advocating for a cessation of violence against the people of Gaza and urging humanitarian aid—then it is essential to share this message with others to raise awareness. The historical irony of those who suffered during the Holocaust now perpetuating violence against the Palestinian people is a stark reminder of the need for compassion and justice.
Inaction in the face of such suffering raises serious moral questions.
number of surviving European
secular brotherhoods of scribes.
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