The impact of rapidly advancing technology is being felt by every player in the Australian and New Zealand media business, from print to TV to digital.
Paul Anderson, CEO of embattled Australian broadcaster Network Ten which recently went into voluntary administration, told the Inform News Media Summit in Sydney, "Unfortunately we're living in this period where there's this massive disruption."
While it may be fortunate for audiences who have access to more news and entertainment options than ever before, legacy businesses such as Ten aren't so positive about the change.
"Netflix is a great example of a disrupter that is...