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In 2006, New Zealand s daily newspapers ceased the§cooperative exchange of news stories through the§country s principal domestic wire service, the New§Zealand Press Association. Why was a 125-year§tradition abandoned and what were the consequences of§that decision? The author finds that the §restructuring of NZPA was a manifestation of§fundamental changes to New Zealand news media§companies that can be traced directly to market§liberalisation and the transition from local to§transnational ownership. New levels of competition§directly challenged the cooperative basis of NZPA and§change became inevitable. The agency adopted a§commercial model based on that of Australian§Associated Press and offered its services to all§media where, in the past, it had been limited to§newspapers. However, the absence of content from§contributing newspapers had measurable effects on§geographic coverage by NZPA and on the range and§quality of stories. It was an irretrievable loss.
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