NZME’s future direction hinges on the vote of its largest shareholder, with one vocal shareholder withdrawing support for Jim Grenon due to a lack of necessary media skills. Australian investment fund Spheria Asset Management, holding just under 20%, has responded with its position. Australian media analyst and shareholder Roger Colman criticizes Grenon’s team for lacking relevant media and digital classifieds experience, advocating against voting for them to avoid endangering NZME’s future.
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Clarks Beach boating tragedy: Coroner calls for lifejacket use to be compulsory nationwide
Ten-year-old Ryder Ferregel, who was initially wearing a lifejacket on a scalloping trip, was allowed to remove it due to its ill fit. Tragically, after the boat capsized in Auckland’s Manukau Harbour, both Ryder and his mother, Gemma Ferregel, drowned despite clinging to the overturned hull and reaching a sandbar. Need More Context? 🔎
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