Nelson Weekly has new majority owners.
The locally-owned community newspaper was founded in 2010 by two couples, Steve Page and Jenny Bates and Andrew and Sarah Board.
At the start of this month Andrew and Sarah took over as majority shareholders, buying out Steve and Jenny.
Steve and Jenny will continue to own the Nelson Weekly’s sister paper, Waimea Weekly, while the two papers will hold a joint interest in the news website nelsonlive.co.nz.
Andrew, who is also the paper’s editor and will take up the role of managing director, says readers and advertisers won’t notice any difference to how the paper is run.
“There’s no need for drastic change, the paper is doing well so it’s simply a ‘stay the course strategy’, which includes always striving to improve what we do. We will continue to work very closely with the Waimea Weekly and the Motueka Golden Bay Guardian for the benefit of advertisers and for news articles across the region.”
Since its first publication in 2010, Nelson Weekly has gone on to win business awards and produce more than 300 editions.
Andrew says that while the print media industry is going through a rough time, he’s confident of the continued success of Nelson Weekly.
“Independently-owned community newspapers throughout the country, and indeed the western world, are thriving. It’s because we care about the region we serve; we’re not chasing a national audience for our website. We care about local stories, local businesses and that’s the secret to our success.”
Andrew said he also wanted to thank Steve and Jenny for all their work in helping establish Nelson Weekly.
There are four other groups of minor shareholders including existing shareholders Neil Smith and Lucy Mitchell; Andrew’s parents Nola and Trevor Timpson; Sarah’s uncle and aunt Michael and Madz Delaney and Andrew’s sister and brother-in-law Lauren and Jared Rameka-iti.
To get in touch with the Weekly for either advertising or news stories, call 548 5900 or email [email protected]