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Mediawatch
Mediawatch for 30 June 2024
Jun 29, 2024
The podcast dives into the struggles of traditional media as job losses hit key outlets in New Zealand. It highlights TikTok's rise as a news source and its effects on journalistic integrity. Economic challenges from Facebook's policies on Australian media are discussed, alongside the battle for funding between governments and tech giants. The alarming decline in journalism jobs raises concerns about democracy, with calls for innovative funding solutions. Finally, it examines how AI investments by tech companies are reshaping the news landscape.
32:52
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Quick takeaways
- The shift towards digital platforms for news consumption has drastically affected traditional media outlets, necessitating urgent policy reforms for their survival.
- The relationship between digital platforms and news organizations complicates brand recognition and audience engagement, threatening the viability of public interest journalism.
Deep dives
The Decline of Traditional News Outlets
There is a significant decline in traditional news outlets like NewsHub and TVNZ, challenging their sustainability in the digital age. Many consumers now turn to platforms such as Facebook, Google, and TikTok for news, which has redirected advertising revenue away from traditional media. This shift highlights the urgent need for policy reforms to protect and support news media, as remarked by New Zealand's media minister, Paul Goldsmith. Current governmental discussions aim to create a more equitable media landscape amidst rapidly changing consumer behaviors.
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