Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


‘Public’ TV continues to pay price of govt greed

‘Public’ TV continues to pay price of government greed

Green MP Sue Kedgley is questioning why Television New Zealand continues to pay the Government one of the highest dividends of any state broadcaster in the world.

“Congratulations to the Government for returning a portion of the dividend to TVNZ, to help meet its laudable goal of fifty per cent local content,” said Ms Kedgley, the Green Broadcasting spokesperson. “However, this apparent generosity hides the fact that TVNZ is still contributing far more to government coffers than it is getting back.”

The Government is to give back $11.4 million of last year’s TVNZ dividend of $37.6 million, with the money earmarked for local drama and children’s programmes.

“But this still means it is returning a dividend of $26 million - almost all of its profits for last year and one of the highest dividends ever. And it is still $7 million more than the amount that was projected in the statement of intent for this year.

“During the nineties under the National government TVNZ was only required to pay 70 per cent of its dividend to government. Now there’s an expectation that it will return even more of its profits. This does not make sense.

“No other public service broadcaster is expected to pay a dividend to government - even countries like Canada and Ireland, which are partly funded from advertising,” said Ms Kedgley. “Certainly none are expected to return all of their profits to the consolidated fund, rather than investing them in local programmes.

“TVNZ can’t be both public broadcaster and cash cow,” said Ms Kedgley. “Either the Government genuinely commits itself to the Charter or it continues to demand state television returns a big, fat profit every year.”

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Panic In The Pacific Over China

For years, it has been no secret that China wants closer security and trade ties with the small nations of the Pacific region. All part of Beijing’s self-image as a global superpower. To that end this week, Chinese Foreign Minister Wang Yi embarked on an unprecedented 10-day tour of the Pacific, aimed at convincing his Pacific hosts to join a cross-Pacific agreement that would let Beijing provide them with high-level police training and security, shared data co-operation and other joint services ranging from agriculture to tourism...


Covid-19: Second Vaccine Booster For The Most Vulnerable
People who are at high-risk of getting very sick from a COVID-19 infection will soon be eligible to receive a second booster, COVID-19 Response Minister Chris Hipkins said today... More>>

Crime: Govt Helps Protect Shops From Ram Raids

The Government is providing further support to help Police protect small businesses affected by a spike in ram raids, Minister of Police Poto Williams says... More>>

Government: Investment Boosts Coastal Shipping In Aotearoa
New Zealand is a step closer to a more resilient, competitive, and sustainable coastal shipping sector following the selection of preferred suppliers for new and enhanced coastal shipping services, Transport Minister Michael Wood has announced today... More>>

PM Speech: Harvard University Commencement Speech - Democracy, Disinformation And Kindness

In Te Reo Māori, the language of the indigenous people of New Zealand, I paid tribute to all of the esteemed guests who stand here in this great forest of knowledge. It is a privilege to be here, and I thank you for the honour... More>>

Government: Independent Panel Appointed To Review Electoral Law
Justice Minister Kris Faafoi today announced appointments to the independent panel that will lead a review of New Zealand’s electoral law. “This panel, appointed by an independent panel of experts... More>>

Trade: Prime Minister To Visit United States
Prime Minister Jacinda Ardern is leading a trade mission to the United States this week as part of the Government’s reconnection strategy to support export growth and the return of tourists post COVID-19... More>>




InfoPages News Channels