TV1 news just gets worse and worse

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#3298662 17-Oct-2024 18:01

johno1234:

Journeyman:

As other people have pointed out, TVNZ isn't propped up by the taxpayer at all. It'd probably result in an improvement to the news if it were given some govt cash.

TVNZ is owned by the NZ Government and loses money hand over fist. Therefore the taxpayer is propping it up.

That makes no sense at all. TVNZ does not receive any government funding.

Handle9

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#3298678 17-Oct-2024 18:46

Journeyman:

johno1234:

TVNZ is owned by the NZ Government and loses money hand over fist. Therefore the taxpayer is propping it up.

That makes no sense at all. TVNZ does not receive any government funding.

Both things can be true. While TVNZ is an SOE and doesn't get direct government funding it's accumulated losses will ultimately end up on the government balance sheet. There is an opportunity cost to the government from leaving the capital in the business rather than selling it off.

Two thirds of the losses are paper losses from asset writedowns which wouldn't require cash from the government or taking on of debt as there is no cashflow impact. TVNZ has said they have enough cash on hand for their three year transformation project but won't be able to pay any dividends in that period.

richms

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#3298709 17-Oct-2024 20:48

Journeyman:

That makes no sense at all. TVNZ does not receive any government funding.

They pay the govt nothing to a pittance. Paying below market rates for a dividend and the owner accepting it and not liquidating it to recover what they can is basically funding it by inaction.

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loceff13

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#3298758 17-Oct-2024 20:59

richms:

loceff13:

Personally I think it's important to keep TVNZ afloat given Discovery is likely to leave NZ eventually and TV is an important way to reach an audience for the Government.

Maori TV exists too, and doesnt have a culture of waste from people that still think its the boom times for broadcast making the decisions.

This is silly to even compare the two, Whakaata Māori has no mandate to make money like TVNZ is told to. Whakaata Māori is forecasted to receive ~48.5M funding this year from the Crown and will make less than 1 million in ad revenue. It's job is to protect and promote Maori culture and language in NZ. We have poured ~50M/yr(counting NZ on air grants too) into it for the past 15+ years of its 20 year life for this reason.

A small amount to help TVNZ transition to digital only and survive another decade would be a bargain, I can't imagine how bad NZ's TV landscape would be with only SKY and streamers in the market. Whakaata Māori would still be around as the Crown is required to fund it.

johno1234

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#3298791 18-Oct-2024 05:03

richms:
Journeyman:

That makes no sense at all. TVNZ does not receive any government funding.

They pay the govt nothing to a pittance. Paying below market rates for a dividend and the owner accepting it and not liquidating it to recover what they can is basically funding it by inaction.

Yes. It’s millions and millions in dead capital which could be making money. Pare it back to the basics and fund it.

alasta

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#3298802 18-Oct-2024 08:42

Or just shut it down and let RNZ take up the displaced audience.

It makes zero sense to operate two competing public service broadcasters, so if TVNZ is not commercially viable then it has no right to exist.

DMWellington

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#3298813 18-Oct-2024 09:13

Bring back the TV licence fee and vans driving around looking for non-compliance (joking of course :-))

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#3298819 18-Oct-2024 09:25

DMWellington:

Bring back the TV licence fee and vans driving around looking for non-compliance (joking of course :-))

Who wouldn't love to see a fleet of these on the roads?

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richms

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#3298839 18-Oct-2024 10:31

war porn is a huge draw for viewers. Look at the success of all the YouTube channels that just replay the same footage all the time with AI voice over reading news about the Ukraine war to see how much interest there is in that.

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caffynz

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#3298841 18-Oct-2024 10:47

I too also read NZ news from The Guardian, and find those better-quality articles.

Is there any examples of excellent TV news from overseas, in today's environment? With news/information more readily available quickly through other avenues such as the Internet - social media etc. then really what relevance does the 6pm TV news have?

I agree with the on-location live streams not adding any value and a waste of money - do an in-studio live conversation, or whatever.

EDITED - typo.

frednz

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#3298893 18-Oct-2024 15:53

richms:iolent and

war porn is a huge draw for viewers. Look at the success of all the YouTube channels that just replay the same footage all the time with AI voice over reading news about the Ukraine war to see how much interest there is in that.

I hope TVNZ news reporters are not selecting items for the 6pm news based on a belief that people LIKE to see a lot of images of the poor people who are severely damaged as a result of war injuries. Yet, day after day, the Middle East war, together with graphic images of gruesome injuries to people and property, usually takes up more than 5 minutes of prime viewing time. Why not have later in the bulletin, just a 1-minute summary of war news, without all the graphic footage? Surely the current war coverage is not good for younger people in particular, and could affect their mental health?

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#3298894 18-Oct-2024 15:58

frednz:

I hope TVNZ news reporters are not selecting items for the 6pm news based on a belief that people LIKE to see a lot of images of the poor people who are severely damaged as a result of war injuries. Yet, day after day, the Middle East war, together with graphic images of gruesome injuries to people and property, usually takes up more than 5 minutes of prime viewing time. Why not have later in the bulletin, just a 1-minute summary of war news, without all the graphic footage? Surely the current war coverage is not good for younger people in particular, and could affect their mental health?

It is entertainment. They will be choosing them based on what gets viewers and therefore income. They are not a public service.

Younger people are not watching 1 news. That is the whole problem they have with tanking viewership. Its all oldies. The younger people who want to see it will be in Denys's telegram channel getting the uncensored video.

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loceff13

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#3298902 18-Oct-2024 17:00

Young people are using RNZ less too according to their own data, clearly its not the news product being produced but more the immediate access to relevant news the internet provides people and youths much higher uptake/access to the internet.

ezbee

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#3298903 18-Oct-2024 17:01

TVNZ content, aside from cost of investigative and local news thats often not exciting.

We maybe our own worst enemies in what we get.
While broadcast does not give that level of granularity.
The streaming site will be gathering statistics of what we want to see.
What we click, what we keep watching and when we stop watching. So they know what we really watch vs what we say we want.

TikTok still has a big advantage as apparently small packets of compelling viewing give the brain more dopamine, and the ability to get rapid fire short excerpts of the good stuff can drive addition.

So all TVNZ needs to do is to is break everything into 60 second high impact segments, rapidly switching item to item. More extreme, or outrageous the better.

If you like more local news give RNZ a go, they seem to do much more than TVNZ.

quickymart

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#3298959 18-Oct-2024 17:55

caffynz:

I too also read NZ news from The Guardian, and find those better-quality articles.

Is there any examples of excellent TV news from overseas, in today's environment? With news/information more readily available quickly through other avenues such as the Internet - social media etc. then really what relevance does the 6pm TV news have?

I agree with the on-location live streams not adding any value and a waste of money - do an in-studio live conversation, or whatever.

EDITED - typo.

I used to watch Al Jazeera for a bit and found it fairly good, IMO.

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