NZ media’s second wave of doom

Some of New Zealand’s best-loved media programmes and publications are dying in a wave of economic hardship which is starting to rival the cataclysm of mid 2020 when the Covid pandemic paralysed the industry.
Big media companies are warning of protracted lower profits and subscriber and ad revenues, and smaller ventures old and new are folding or sounding the klaxon that their futures are on a knife edge.