To win govt, Labour's Chris Hipkins needs the legacy media on his side.
Of course most of them are raving socialist loons anyway, but just to make sure of their support, Hipkins has promised them he will revive the Fair Digital News Bargaining Bill.
This legislation forces digital platforms to pay a fee to any legacy media outlet they link to. In Australia this fed around A$200–250 million a year to media. (Albanese's Labor govt still gave them another $180 million anyway.)
If the digital companies don't just decide to boycott NZ media, revenue raised here would be far less. The sector would still most likely need other sources of support. Which means you- the taxpayer.
Legacy media already gets a large part of your earnings. Radio NZ for example receives a $66 million grant. Another $100 million goes to TVNZ, Three, Sky, RNZ (again), NZME and Stuff for content creation.
You can bet your house Labour has already, behind the scenes, promised to increase these handouts. As well as re-introducing the Fair News Bill.
So you can see why NZ's media is so solidly behind Labour.
Democracies fall into dysfunction when the critical fourth estate is being bribed. Crooked media is a big part of the old maxim-
"You can vote your way into socialism, but you'll have to fight your way out"