Just two companies have carved up most of our grocery bills for years. The government says change is coming - but many in the media don't seem to believe it;s possible. Also - our media’s slumping share of ad income, and local papers' paper dispute.
Just two companies have carved up most of what we’ve spent on grocery shopping for years. Now the government says change is coming to the duopoly - but that was met with undue apathy by many in our media.
We look at the latest figures for advertising income, the lifeblood of the media industry. Overall revenue’s up by a almost a quarter of a billion dollars - good news in tight economic times.
But the bad news? The proportion going to our media is down while many more millions are going offshore to the tech titans that dominate the digital world. Where will this end up?
Also two local papers in a row over. . . paper.
Go to this episode on rnz.co.nz for more details