One of the pre-requisites of déjà vu is that you knew what happened in the first place.
I have a feeling that the people flooding the New Zealand marketplace with streaming platforms offering boundless content are blissfully unaware of what happened to radio in New Zealand in the 1990s.
In 1989 the local radio market was deregulated and the number of stations rocketed. In 1984 there had been 22 stations but by 1999 the number had reached almost 300. Something had to give, and it did. Rapacious networks began swallowing up stations and the market rapidly became consolidated again.
I feel we are at the 1999 stage with streaming platforms, although the numbers are nowhere near as high as in the heyday of independent radio. Nonetheless we have gone from one dominant operator (Sky TV) to an array of separate operators, each offering the world of your dreams…for a price. There are at least 15 video streaming platforms in addition to Sky’s offering and the on demand services of TVNZ+, Three Now and Māori+.
The top seven, according to NZ on Air’s Where Are The Audiences? 2026 report, are Netflix, Disney+, Amazon Prime, Neon, Skysport Now, Apple TV+, and CrunchyRoll (no, I hadn’t heard of it either because I’m not a fan of anime). Then there are nine ‘others’, including Hulu, Acorn, Stan and F1TV (for keen motorsport enthusiasts).
Th NZ on Air/Varian audience research was released last week. You can access it here. It suggests, to me at least, that we may be at the proliferation zenith and are starting to see changes that could lead to some consolidation of the market. Continue reading “Broadcasters back on top in fragmented market”
