TVNZ Response to Charter
TVNZ Chairman, Ross Armstrong, said today the Board and
Management are glad that the Charter has been approved and
"We will continue to work closely with the
Government and the Commerce Select Committee to identify the
most effective implementation of the Charter and how best to
monitor TVNZ's performance against the Charter in the
future", said Dr Armstrong.
TVNZ has been fully consulted
over the wording of the Charter.
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Mediaworks: Three to be sold or closed
MediaWorks has today announced that it intends to sell MediaWorks TV as well as its Flower Street property which includes its television head office and studios.
The intention is for MediaWorks to sell the television side of the business while retaining ownership of radio and QMS. The Flower Street property will also be put up for sale with a lease back option for a buyer to continue to operate television from that location.
MediaWorks Chairman Jack Matthews said that MediaWorks is committed to continuing to grow its business in New Zealand while recognising that free-to-air television operates in a challenging environment. More>>