Shareholder mutiny brewing at owner of Herald and Newstalk ZB

James (Jim) Grenon, a Canadian billionaire residing in New Zealand, has acquired a significant shareholding in NZME and proposed to remove current directors and appoint new ones, with support from 37% of shareholders. Grenon’s previous ventures, The Centrist and NZNE, focus on trans rights, Treaty coverage, and vaccine issues, challenging mainstream news agendas. This move has caused fear and instability within NZME, raising concerns about the future direction of the media company under Grenon’s influence.

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