Feel the fear, that sound you hear is journalist’s knees knocking together

The Media party are shaking in their boots.

After years of degrading their mastheads to the status of?clickbait sites they are now facing mass redundancy.

Trade Union leaders are worried that a merger would have serious consequences for NZME and Fairfax NZ staff.

Hundreds of New Zealand journalists face an uncertain future if the planned merger gets the green light.

Media companies Fairfax and APN have told the New Zealand Stock exchange they are in talks about merging their New Zealand businesses by the end of 2016.

NZME – the New Zealand arm of APN – owns several North Island daily papers and radio stations, while Fairfax’s media portfolio includes newspapers, magazines, such as Cuisine, TV Guide and NZ House & Garden, and the country’s most-visited news website Stuff.co.nz. ??

E Tu union has been handling media job losses for years, with the most recent occurring last Friday, and media organiser Paul Tolich said he feared things would get worse.

“I think it will lead to a decline in the available jobs for journalists. They have already cut the numbers of subeditors to a very small number, and you can see that they are now going to cut reporters and front line journalists.”

If completed, the combined company would own a host of New Zealand’s newspapers, including The New Zealand Herald, The Press the Sunday Star-Times and the Dominion Post, as well as the radio networks ZM, NewstalkZB, Radio Sport and Hauraki.

The two businesses have a combined workforce of more than 3000 people and former NZ Herald editor Tim Murphy estimated a merger could cost up to 750 jobs.

That sounds like a good start.

I think they need to be raising that estimate. NZME.’s print operations are in a building with less than 6 years left to run on the lease. The owner wants them gone so he can build apartments and get a bigger return on his investment. NZME. already prints Fairfax papers in the Auckland region out of that building. So printing operations are going to have to merge even further somehow. The other Fairfax plants around the country possibly could be used but that means it is likely the NZ Herald will be printed outside of Auckland.

Rationalisation and a paywall is their last ditch attempt to stave off the inevitable, the collapse of their out dated and outmoded business models.

If it wasn’t so sad it would be funny watching these fools all run around trying to shore up?the?collapsing structures they created.


– Radio NZ