Who is looking after New Zealand's interests now that Ireland's Independent News & Media (INM) is firmly back in control at New Zealand Herald publisher APN News & Media?

APN News & Media has appointed long serving board member Peter Cosgrove to chairman in the wake of a clearout, which saw chief executive Brett Chenoweth and half the APN board resign on Monday.

APN shares are down 11.7pc in early trading on the ASX, after the shock resignation of the media company's chief executive and several board members.

Ireland's Independent News & Media has been successful in engineering a major exodus from the APN News & Media board, and in putting a stop to a planned capital raising.

TVNZ's Seven Sharp programme, which debuted last week, hit rock bottom on Tuesday night when ratings showed TV3 rival Campbell Live was on top.

This editorial was published on December 19, 2008. Sir Paul later told the Herald he was moved by what was written.

Hosking cosies up to the PM, Wallace Chapman returns to advertorial, the future of Fairfax's Auckland Now and Maori TV launches a website.

Former Close Up presenter Mark Sainsbury says he holds no resentment against Ross Dagan, who resigned on Tuesday, eight weeks after killing his show and TVNZ career.

Radio New Zealand ceo Peter Cavanagh confirmed today he will be leaving at the end of the year and has apologised for his decision being revealed by NZ Herald.

The replacement programme for TVNZ's Close Up will launch on February 4, and will have more "bite-size" sections than its predecessor.

Rupert Murdoch is back on the front foot but fellow titans the BBC and Facebook yet to recover from own goals.

Self-described contrarian investment firm Allan Gray has emerged as a major player in the media shake-up under way in the Australasian market, writes Fran O'Sullivan.