Minister Kris Faafoi on likely RNZ-TVNZ merger: 'Change needs to happen'

“I don’t think public media is broken,” said Broadcasting Minister Kris Faafoi, “but I think it needs to be fit for the future.”

David Cohen

Fri, 26 Feb 2021

Fantastic news. The latest TVNZ interim report is basically nothing to get too excited about — and the government will be delighted. The ultimate effect of the state-owned broadcaster’s most recent financials, as decent as they were on their own terms, will probably be to stiffen the political resolve for what could yet be this government’s most enduring media legacy: an increasingly likely merger of TVNZ and RNZ. Today, TVNZ reported an interim profit of $33.9 million, up 50% year on year. Total revenue was down $3...

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Markets Market close

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