New Zealanders will soon have to choose between their digital news feeds, or the new “media exchange” that will be available through the internet in 2019.
Media Exchange will be a “new market-driven service that will replace traditional broadcast and print media, with a focus on the delivery of high quality, high-quality news and information to Kiwis,” according to the company’s website.
It will include new digital news content, with news organizations and other news providers being able to post stories in the same format.
Its launch is being driven by the media market in New Zealand, which is projected to grow by an average of 20 per cent a year over the next five years.
“The new media market has significant potential to significantly expand our coverage and reach,” Prime Minister Jacinda Ardern said in a press release.
“[The media market] will grow rapidly over the coming years, so it is important that New Zealand can lead the way to achieve its potential.”
New Zealand has traditionally relied on broadcast news media and the state broadcaster, which has also been plagued by financial difficulties.
The current financial crisis has seen the country’s main broadcast news channel, the BBC, go offline for two weeks in April, as well as a number of other public broadcasters.
With a growing digital media market and new content providers, there is the possibility that New Guinea may have a chance to move away from the state-owned broadcaster and into the new market.
But the future of the news market is unclear, as there is no official definition of what a media exchange is.
In New Zealand the “public service broadcaster” is a public broadcaster that is not state-run, but it does have some oversight and a mandate to broadcast the news.
New Guinea is a small island nation, with an area of about 4,000 square kilometres.
The country’s largest cities are in the Pacific Ocean.
There are some local broadcasters in New Guinea.
An official website for New Guinea’s media exchange, New Guinea Media Exchange, lists some of its partners, including the Australian Broadcasting Corporation, ABC News and Radio New Zealand.
Some of these news outlets will be joining New Zealand in 2019, with others to be added in future.