Larry Williams Drive

An Auckland-based Canadian billionaire previously linked to an alternative news venture has taken a substantial holding in media company NZME. NZME owns the NZ Herald, BusinessDesk and Newstalk ZB. E tū negotiator Michael Wood says many are concerned about a potential change in editorial direction. "The concern here is that we clearly have an individual that is highly motivated to take control of a major media entity in New Zealand and who is doing so, quite clearly, with the intent of promulgating a particular political perspective."  LISTEN ABOVESee omnystudio.com/listener for privacy information.