It’s a tough time to be investing in Australian media companies. Ad markets are shrinking, digital giants are throwing their weight around, and the outlook for free-to-air broadcasters is looking increasingly grim.

Tim Burrowes, owner of media and marketing newsletter Unmade, operates the Unmade Index - a weighted index of Australian media companies. He talks to Sean Aylmer about how the index has halved in value in just over two years.

This is general information only, and you should seek professional advice before making investment decisions.