NZME has been declined an interim injunction by the High Court that would have allowed it to have an exclusive negotiation period with Nine over buying rival media outlet Stuff.
NZME shocked Stuff last week when it announced it wanted to buy it for $1, and asked the government to pass legislation allowing that to happen.
It said it had an exclusive negotiation period with Stuff's owner's Nine - which Nine refuted.
RNZ's Emma Hatton speaks to Māni Dunlop.
