Scoop  Parliament

Hon. Georgina te Heuheu MP National Party Broadcasting Spokesman
16 November 2005

TVNZ dividend dips as crisis deepens

National Party Broadcasting spokeswoman Georgina te Heuheu says the annual report released by TVNZ today is "an historic snapshot taken before the current set of crisis".

The report shows a sharply reduced dividend paid to the Government of $10.5 million -- down from $37.3 million last year, while the number of employees earning more than $100,000 a year rose from 82 to 89.

"The dividend, the return on the taxpayer investment in TVNZ, is well down.

"Worryingly, that massive drop was posted before all the recent publicity about loose contracts, internal strife and golden handshakes.

"With the decline in ratings for the flagship TV One news, there are outstanding questions about the longer term impact this will have on advertising revenues.

"TVNZ and its political masters are not out of the woods yet," says Mrs te Heuheu.

ENDS

© Scoop Media

 

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Roe v Wade Aftermath

Now that the right of US women to abortion (formerly protected by Roe v Wade) has been abolished, the important role of medication-induced abortion will come even more to the fore. Already, research by the Guttmacher Institute reproductive rights centre shows that over half of US abortions are obtained by medication. According to the US Food and Drug Administration and the World Health Organisation, the abortion pills can be safely self-administered at home within the first ten weeks of pregnancy, rather than via a surgical procedure carried out in a bricks-and-mortar abortion clinic...
More>>