Institutional investors now dominate NZ media company ownership: report

Wed, 30 Nov 2016

By Pattrick Smellie Dec. 1 (BusinessDesk) - Institutional investors now dominate the ownership and governance of New Zealand media companies, according to the sixth annual update on local media ownership from the Auckland University of Technology's Journalism, Media and Democracy Research Centre. "For the first time in six years, our media companies are exclusively owned by financial institutions and it is in their interest to push structural changes through," the report's author, Merja Myllylahti, says in a review of a sector in which t...

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