The New Zealand media mogul challenging online giants

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 24%
  • Publisher: 66%

Tucked away in Sinead Boucher's sock drawer is the one-dollar coin that transformed the former journalist into New Zealand's biggest media mogul, ...

Singapore Headlines News

Singapore Latest News, Singapore Headlines

Sinead Boucher is now New Zealand's biggest media mogul and says she's using her platform to challenge Facebook and other social media giants. WELLINGTON: Tucked away in Sinead Boucher's sock drawer is the one-dollar coin that transformed the former journalist into New Zealand's biggest media mogul, giving her a platform to challenge Facebook and other social media giants.

After agreeing the purchase price with Stuff's former owners, Sydney-based Nine Entertainment, Boucher visited a Wellington law office to complete the deal while New Zealand was in the midst of its COVID-19 lockdown."It was the time of social distancing, so I had to throw my dollar to the lawyers," she said."That was dropped the first time, so I had to pick it up and do it again.

This journalistic pedigree has prompted Boucher's boldest move since taking over Stuff, a decision in June to cut ties with Facebook, which had previously driven 15-20 per cent of the website's traffic. "I have to say, there's been a very minimal impact on our audience," she added, saying the drop in readership was"in the lower single digits".

Stuff's main outlet is the stuff.co.nz website but Boucher describes the group as"an ecosystem of digital businesses", some of which are not news related but help subsidise the expensive business of journalism.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Zealand reaches 100-day milestone without virus transmission
Source: TODAYonline - 🏆 1. / 99 Read more »

Coronavirus: New Zealand eyes Cook Islands travel bubbleWELLINGTON (AFP) - New Zealand plans to open a virus-free 'travel bubble' with the tiny Pacific realm of Cook Islands before year's end, Prime Minister Jacinda Ardern said Monday (Aug 10), while expressing caution about a similar arrangement with Australia.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

New Zealand retirement home in lockdown to test for Covid-19WELLINGTON (REUTERS, XINHUA) - A New Zealand retirement village has gone into lockdown after residents displayed symptoms of respiratory illness, the New Zealand Herald reported on Tuesday (Aug 11).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

New Zealand Cricket confirms upcoming tours to go aheadNew Zealand Cricket said Tuesday that Pakistan, Australia, Bangladesh and the West Indies had all confirmed they will tour during the upcoming ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

New Zealand broadcaster wants trans-Tasman competition - RA bossNew Zealand broadcaster Sky would prefer a rugby competition involving New Zealand and Australian teams in 2021 rather than a domestic tournament ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

New format, new Champions League winners?With just two former winners left in the competition, no Cristiano Ronaldo and no fans, the Champions League moves to Lisbon this week for the start of the 'Final Eight' mini-tournament with the intriguing prospect that a new format could lead to a new name on the...
Source: thenewpaper - 🏆 7. / 63 Read more »