New Zealand news agency NZPA ceases operations
The New Zealand news agency NZPA will cease operations at the end of August after 132 years. The agency was a victim of technological change and media consolidation.
Two Australian media groups bought up most of New Zealand's newspapers. The papers in each chain exchange news with each other, so the need for an independent agency has dwindled. Attempts to attract new online and radio customers have not been successful enough in recent years. Most recently, the agency still had 42 employees. NZPA's latest announcement goes on the wire on Wednesday. (SDA)
