ABSTRACT

This chapter discusses the conglomeration, transnationality, and financialization of Australia and New Zealand corporate media via three case studies: News Corporation, Fairfax, and Australian Provincial Newspapers (APN) News and New Zealand Media and Entertainment (NZME). Within the British Empire, Australia and New Zealand became white settler capitalist dominions to the detriment of their indigenous populations. Both Fairfax and APN have historically integrated their Australian and New Zealand company data into a single annual report. Australia's media oligopoly was strengthened by the incorporation of broadcasting technologies and networks. New Zealand was moving from a triopoly toward a duopoly in newspaper ownership. Fairfax Media has tried to transform itself from a print news organization to a digital one amidst falling advertising revenues and boardroom battles over company ownership. News Corporation, however, is a first-tier transnational conglomerate, which routinely translates its commercial power and market dominance into political-ideological influence within multiple national contexts.