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

 


TVNZ Response To Sky-TV3 Rugby Deal

The Chief Executive of TVNZ, Rick Ellis says the announcement today by Sky and TV3 that they are joining together to share rugby and a digital platform is a response to continued poor financial performance by both broadcasters.

The statement by SKY's Chief Executive that the agreement has been made because of Television New Zealand's reported intention to develop its own digital service is the other reason for the deal, says Mr Ellis.

"As far as TVNZ is concerned, this is an agreement between a couple of foreign owned media companies and pays no heed to the interests of New Zealand viewers."

The amount of rugby which TV3 plans to screen will be hugely reduced and will be at a level that TVNZ would never have accepted, says Mr Ellis.

"Quite frankly, we would have considered only one replay a weekend to be an insult to viewers," he says.

Moreover, Rick Ellis believes the deal flies in the face of assurances given to TVNZ when it sold its SKY shares to the existing SKY shareholders.

He adds, "as recently as last Friday TVNZ received and relied on assurances from SKY's leading shareholder of their continued desire to work together."

TVNZ has acted in good faith throughout its dealings.

"We are taking legal counsel " says Rick Ellis. "We will be exploring all our options."

In the meantime TV ONE and TV2 will continue to provide New Zealand viewers with the best news, current affairs, documentaries, information programmes and dramas and looks forward to an exciting few months with the Rugby World cup, the Netball World Cup and the America's Cup, all live and exclusive.

Ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky City : Auckland Convention Centre Cost Jumps By A Fifth

SkyCity Entertainment Group, the casino and hotel operator, is in talks with the government on how to fund the increased cost of as much as $130 million to build an international convention centre in downtown Auckland, with further gambling concessions ruled out. The Auckland-based company has increased its estimate to build the centre to between $470 million and $530 million as the construction boom across the country drives up building costs and design changes add to the bill.
More>>

ALSO:

RMTU: Mediation Between Lyttelton Port And Union Fails

The Rail and Maritime Union (RMTU) has opted to continue its overtime ban indefinitely after mediation with the Lyttelton Port of Christchurch (LPC) failed to progress collective bargaining. More>>

Earlier:

Science Policy: Callaghan, NSC Funding Knocked In Submissions

Callaghan Innovation, which was last year allocated a budget of $566 million over four years to dish out research and development grants, and the National Science Challenges attracted criticism in submissions on the government’s draft national statement of science investment, with science funding largely seen as too fragmented. More>>

ALSO:

Scoop Business: Spark, Voda And Telstra To Lay New Trans-Tasman Cable

Spark New Zealand and Vodafone, New Zealand’s two dominant telecommunications providers, in partnership with Australian provider Telstra, will spend US$70 million building a trans-Tasman submarine cable to bolster broadband traffic between the neighbouring countries and the rest of the world. More>>

ALSO:

More:

Statistics: Current Account Deficit Widens

New Zealand's annual current account deficit was $6.1 billion (2.6 percent of GDP) for the year ended September 2014. This compares with a deficit of $5.8 billion (2.5 percent of GDP) for the year ended June 2014. More>>

ALSO:

Still In The Red: NZ Govt Shunts Out Surplus To 2016

The New Zealand government has pushed out its targeted return to surplus for a year as falling dairy prices and a low inflation environment has kept a lid on its rising tax take, but is still dangling a possible tax cut in 2017, the next election year and promising to try and achieve the surplus pledge on which it campaigned for election in September. More>>

ALSO:

Job Insecurity: Time For Jobs That Count In The Meat Industry

“Meat Workers face it all”, says Graham Cooke, Meat Workers Union National Secretary. “Seasonal work, dangerous jobs, casual and zero hours contracts, and increasing pressure on workers to join non-union individual agreements. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news