Media commentator Bill Ralston says Fairfax and NZME will have to strip budgets.

Watch: Commerce Commission rejects bid by media companies NZME and Fairfax to merge.

NZME and Fairfax will have to wait an additional day to hear whether the merger is allowed

The Commerce Commission has announced a delay on its decision on the merger proposal.

Commerce Commission says media merger decision now out on April 11.

Media firms say dispute over proposed merger is between "hard data" and "wishful thinking"

The New Zealand Herald's readership has risen year on year and the Herald on Sunday is now the country's highest-selling Sunday newspaper.

COMMENT: Much of what is happening to media is coming from outside this country and is beyond our control.

Hauraki District Mayor John Tregidga is optimistic about the future of his region - but wants government agencies bought back to the district. Made with funding from NZ On Air.

Fran O'Sullivan argues it is time for a uniquely Kiwi solution to stabilize NZME's share registry and keep private equity's hands off a prime NZ media asset.

The last-surviving member of the trio of women who created the Tino Rangatiratanga flag speaks about that important time in New Zealand's history. Made with funding from NZ On Air.

NZME's share price has risen 7c on the back of its stable earnings result pushing the value of the company over $137 million.

NZME, owner of the New Zealand Herald, has reported a stable earnings result with a slight increase in its normalised net profits.

Trans-Tasman Resources gave evidence today at the hearing which will determine whether or not they will get marine consents to mine iron ore off the coast of South Taranaki. Made with funding from NZ On Air.

Trans-Tasman Resources is proposing to mine 50 million tonnes of iron ore per year off the coast of Patea in south Taranaki. Made with funding from NZ On Air.

King Country residents are worried a proposed deal between the local power trust and Trustpower could drain community funds. Made with funding from NZ On Air.

11 year old Renee Eagar is about to undergo brain surgery in the US state of Texas, which surgeons hope will allieviate seizures and fits of rage caused by a rare tumour. Made with funding from NZ On Air.

A Broadlands Forest resident blames fluctuating river levels on the Waikato River - caused by practices at the dam upstream - for destroying the natural habitat. Made with funding from NZ On Air.

Neighbours of Whitianga residents who lost their homes in this week's bushfires have been rallying around - donating food, clothing and time to support the recovery effort. Made with funding from NZ On Air.

At least six properties were destroyed - but there was no loss of life during the Whitianga bushfire. And locals say they know it could have been much worse. Made with funding from NZ On Air

Coromandel MP Scott Simpson reflects on the damage caused by a devastating fire, which destroyed at least six homes. The Wilderland Sustainable Community was hit hard - with buildings, equipment and crops destroyed. Made with funding from NZ On Air

Meet the Tauranga dragonboat team with a special bond. All the women have had partial or full mastectomies. Made with funding from NZ On Air.

A Bay of Plenty doctor says skin cancer diagnosis is on the rise, especially in Baby Boomers. The Bay of Plenty has the third highest rate of skin cancer in New Zealand. Made with funding from NZ On Air.

Watch NZH Local Focus: Getting young Taumarunui people driving. To get your driver's licence as a youth in Taumarunui used to cost up to $1000 with lessons. But - thanks to a Government initiative - more people are getting licenced for free. Made with funding from NZ On Air.

Almost 100 young people will get free restricted licences in Taumarunui, getting them off the street and into employment. Made with funding from NZ On Air.

The town of Ashhurst, northeast of Palmerston North, is using its own currency as a way of stimulating discussion about the local economy. Made with funding from NZ On Air.

A new mascot for Waitomo has been unveiled. Sam the Moa sits on the side of State Highway 37 in Hangatiki. Made with funding from NZ On Air.

Redundancies are an economic reality facing both businesses, the companies told the Commerce Commission.

Michael Moran has held the position in the interim since June.

Around 100 athletic Whanganui Santas have staged a fun run in support of charity Kidscan. Made with funding from NZ On Air.