Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

TVNZ Decides Not To Appeal Hawkesby Arbitration

10 March 2000 TVNZ MEDIA RELEASE


For immediate release


TVNZ DECIDES NOT TO APPEAL THE HAWKESBY ARBITRATION PAYOUT

TVNZ will not be appealing the arbitration payout awarded to John Hawkesby after his contract to read the news on TV ONE was cancelled.

Board Chairman Dr Ross Armstrong says the matter has been discussed by the Board and it has decided not to proceed with the appeal.

Dr Armstrong, acting on legal advice, says TVNZ’s chances of winning the appeal were slim.

“In my view I do not consider it appropriate to spend more of the company’s money on this matter.”

"In the interests of staff morale and public confidence in TVNZ I instructed the company's lawyers to negotiate a settlement with Mr Hawkesby, and as a result the appeal will not be proceeding.”

TVNZ has paid Mr Hawkesby the sum of $6,537,000 inclusive of GST.

While acknowledging the further legal proceeding pending from TV3, Dr Armstrong says the sooner TVNZ can put the Hawkesby affair behind it the sooner it can begin the task of reshaping itself into the more public service oriented broadcaster its shareholder wants it to be.

Ends


For further information contact:
Liam Jeory, Communications Manager
Ph: 09 916 7575 or 021 416 400

Leigh Wilson, Communications
Ph: 09 916 7398 or 021 776 694

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO: