Business

NZME CEO Michael Boggs targets tech and AI companies for new content deals amid shareholder criticism

NZME boss Michael Boggs is pursuing deals with big tech and AI firms while facing calls to resign from a major shareholder.

Skinny McBuntu

NZME chief executive Michael Boggs is seeking to negotiate new agreements with large technology and artificial intelligence companies over the next six months. The move comes as the media company reported a $6.6 million statutory post-tax profit for the first half of the year, rebounding from a $400,000 loss in the same period of 2025. However, Boggs is facing criticism from shareholders, with one influential investor calling for his resignation and citing a decade without meaningful share price growth.

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Coverage across the news outlets we track, as at publication.

What outlets are saying

NZ Herald

Media Insider: NZME chief executive Michael Boggs targets big tech firms for new AI content deals

As Michael Boggs eyes new content deals, he faces criticism from an outspoken investor.

Read the full story at NZ Herald

BusinessDesk

NZME CEO Michael Boggs targets big tech firms for new AI content deals

NZME boss Michael Boggs wants to negotiate new agreements with big tech and AI companies in the next six months, but first he has to deal with criticism from one of the firm’s shareholders. NZME’s investor call heard on Tuesday…

Read the full story at BusinessDesk

Stuff

Influential NZME shareholder calls for CEO Michael Boggs to resign, says he has failed

Roger Colman, an Australian media analyst, says there has been no real change in NZME’s share price for a decade.

Read the full story at Stuff