Linuxluver: The government has just privatised TVNZ7 and handed 51% to Sky.
Isn't Sky 44% owned by Fox News founder and owner, Rupert Murdoch, through News Corp?
Thanks, John Key.
Thanks, Steven Joyce.
Thanks for running down the public broadcasting assets we entrusted to you and handing them to your corporate buddies.
Your cronies win again...and the people of NZ get the shaft.
Now we know why the energy assets are up for sale....and what to expect.
I'm sorry Linuxluver, but your statements are a nonsense...
" The government has just privatised TVNZ7 and handed 51% to Sky"
Untrue, it was announced back in April that funding for TVNZ7 would cease effective July 2012. TVNZ will be winding up TVNZ7 at the end of June 2012.
"Thanks for running down the public broadcasting assets we entrusted to you and handing them to your corporate buddies."
TVNZ is NOT a public broadcaster. They do NOT have a mandate to act or behave as a public broadcaster. People need get their heads around this idea. NZ still does have a public broadcaster, it's called Maori TV. The previous Labour govt thought they could own a TV company that was a commercial broadcaster turning a profit and could at the same time meet a public broadcast charter, goals which are diametrically opposed.
TVNZ does not receive any government funding excepting for targeted funding for TVNZ7 and Maori/Pacific Island functions. Other than that all of their income is from commercial sources including advertising, licensing and pay TV revenue, or from contestable funding available to all broadcasters through NZ On-Air. Thus the idea that the tax payer somehow pays for TVNZ is a nonsense, in fact TVNZ returns a significant dividend to the government on an annual basis.
The bottom line is that TVNZ have realised that they cannot continue to rely on advertising revenue from conventional broadcast TV as this is a business model that is under serious challenge. Thus they need to diversify their revenue streams which includes pay TV revenue.